Tax and accounting services in Reading, Berkshire

Your costs depend on complexity and the records that we are presented with, but typically fees are similar to the following examples (although with certain options yours could be less):

• A self-employed client, with no staff, requiring annual accounts and completion of his tax return, might be paying £500, plus VAT. (if a tax return only he might be paying £ 250 plus VAT.)
• The same (with annual accounts) for a two person partnership might be £ 900, plus VAT.
• And for an owner/director and his limited company with advice and attention concerning salary and dividends, it might be about £1,200 plus VAT.

Frequency of charges

Fees are payable upon presentation of a fee note, normally upon presentation of documents for approval. For financial accounts this is generally yearly. Other services are charged monthly, or quarterly, if and as, appropriate. HM Revenue & Customs enquiry, and other non-standard work, will generally be charged for monthly.

Provision of a limited company, representation at meetings, tax appeal hearings, etc., are charged for separately.

Frequency of charge may be altered by agreement.

Basis for fees

Fees are primarily based upon the amount of time involved upon the case, including any travel and waiting time. You will be made aware of current rates and more, in a detailed engagement letter. These rates are not simply applied, all other factors are recognized before fees are raised (degrees of difficulty, urgency, expertise required, the state of records, availability of information, etc.). There is also a secondary means of cost justification (involving counts of material).

Fixed fee arrangements can be negotiated. These generally always apply to PAYE, salary work and company formations.

There are optional fixed scale charges for income tax returns.