The below prices are illustrative of the range of prices available, and have been checked for competitiveness with local recommended businesses. Sheffield accountant, Life Accountancy can, of course, discuss with you your accounting needs and develop a package to suit you. Using Life Accountancy will give you back the freedom and time to develop your successful business – surely this is a cost-benefit “no brainer”?
Naturally, you will look elsewhere to compare prices. In the online world that we live in, there is an expectation from consumers that all prices are easy to access. We aim to have a clear and open pricing policy and agree all work up front with our clients so that there are no hidden costs. Contact us for more details.
Payroll – £15 for first staff member, £5 each for next 4 (weekly or monthly). Price on application for greater numbers.
Bookkeeping – £40 an hour adhoc / reduced rate for regular contracts available
Raising sales invoices, processing purchase invoices, paying suppliers, bank reconciliations, plus the ability to tap into a wealth of knowledge and experience of the development of office policies. Life Accountancy is a one-stop solution for many issues that small businesses stumble upon.
Month / quarter end – £40 an hour adhoc / reduced rate for regular contracts available
Preparation and production of monthly Profit and Loss and Balance Sheets and forecasts, to assist with business planning.
VAT returns – £175 per return
Preparation and calculation (per return).
Advice – £50 minimum fee (preparation for meeting usually required) and then £35 per hour thereafter.
INCOME TAX – SELF ASSESSMENT RETURNS
Individual / Sole Trader – £200
Collation, computation – for a single source of income. Additional fees could be made for additional sources of income, depending upon the complexity of work involved. Preparation of year end accounts and tax return (and submission, if acting as agent).
Medium to Large Sole Trader – from £300
Preparation of year end accounts and tax return
Partnership Package – From £400 (2 partners) + £150 per extra partner
Partnership Accounts, Partnership Tax Return & Self-Assessment Tax Returns for 2 partners
All of the above – checking service – £200
Checking a pre-prepared computation
A 10% levy is applied for late submissions (within January) as the tax year end approaches.
LIMITED COMPANIES – YEAR END
Package – from £550
1) Statutory Accounts
2) Corporation Tax Return (CT600)
Filing with HMRC & Companies House
Company Annual Return
Record Keeping Advice
3) Preparation of one director personal tax return assuming company is sole source of income. Each extra Director chargeable at £200.00 per return.
Advice on Dividends
*The above price is based on good accounting records being passed to us. Should the accounts be complex, extra fees may apply (but will be agreed when this arises).*
Individual tasks – £200 each
Elements 1, 2 or 3 priced individually
Checking service – £200
Checking of a pre-prepared computation
ONE-OFF FIXED PRICE
VAT registration – From £50
Limited company formation – From £125
Sole Trader set up – £100
Partnership set up – £100
Dormant Limited Company Accounts – £100
Hourly costs are timesheeted and the hours to be agreed and invoiced to the client for payment in arrears via invoice. Estimates of time to be spent per job can be given prior to commencement of work, if required.
All prices are based on good records being provided to the accountant and, following an assessment of accounting records, prices may increase slightly, if extra work is needed. Once again, this price will be agreed in advance.
Get your life back – use Sheffeld’s Life Accountancy!
Life Accountancy is a Sheffield accountant