FeesYour costs depend on complexity and the records that we are presented with, but typically fees might be the following (but there are options and yours could be less):
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. 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 and salary work, company formations and: There are optional fixed Scale Charges for Income Tax Returns. See: [Tax Return Scale Charges]. All estimates of fees exclude Value Added Tax. If required, payment can be made by bankers’ giro, or monthly standing order methods. [Back to top] [Find] |