How much does a good accountant cost in the London area on a monthly basis?
Chartered would be preferable, but certified is fine so long as they are credible and have a good track record. How much would annual retainer cost whereby year end accounts and general ongoing advice and VAT returns are managed? Any advice would be much appreciated.
United Kingdom - 2 Answers
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Answer 1 :
there is no set fee for accountants, it also depends what area they and you are in, why not contact a few and ask?
Answer 2 :
What is your Turnover and Profit, are you a Limited Company, are you turning over in excess of £6.5 Million, do you have property Income, Interest, Foreign Business Income etc. Without this information it’s very hard to estimate what they would charge. By the way, why do you want a chartered/certified Accountant? They will only take as much money as they possibly can off of you for doing the same job as a non chartered/certified Accountant. It's 5-10 times the price and you don't get anything extra from them. I guess its personal choice, some people like to get their car serviced at the dealer and pay 3 times as much as a normal mechanics (even though a 16 year old apprentice will probably still be working on the car) You will probably struggle to find a chartered/certified Accountant in London for less than £1,000 a year, if you are VAT registered it will be more and if you want monthly book-keeping it will be more Hope this helps Richard
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