I run a small business in Ireland - last year's income was €29,000 (this year's €25,000). There are no employees or VAT and I prepare all the income and expenditure details - just hand him the file for the tax returns. Last year's accounts fee was €900 and that was after objecting to €1000. He's a nice enough guy but I wonder if I should change accountants. Would another be prepared to give me an estimate
2006-09-04 22:14:08 · 6 answers · asked by crosbie 4 in Business & Finance ➔ Other - Business & Finance
I have just about the same level of business, I do the accounts just as you do and my account does the business tax and my wife's and I personal tax and he charges me £250. If that is any help
2006-09-04 22:23:18 · answer #1 · answered by Maid Angela 7 · 0⤊ 0⤋
Ask around. Most accountants will giove you a cost. When I was contracting I found an accounting company that charged me monthly, in fact they were so good I handed the whole paperwork side of the business over and they had me as a paye employee cause it was so much less bother..... People are hungry for good business and yours sounds easily managed
2006-09-05 05:21:43 · answer #2 · answered by break 5 · 0⤊ 0⤋
Aint they all the same. They do a job you and we need but they can charge pretty much what they want. But shop around, ask friends etc there will be a cheaper 1 out there.
2006-09-05 05:20:15 · answer #3 · answered by Platinum 3 · 0⤊ 0⤋
He probably is but I suppose it depends on what exactly he's doing and the average price in your area. I suggest you contact a few others in your area and ask them to give you a quote. If you get one recommended, even better.
2006-09-05 09:29:30 · answer #4 · answered by scallywag 4 · 0⤊ 0⤋
Yeah, just ring round a few and ask for estimates. Then you will know if that is normal or not.
2006-09-05 05:21:15 · answer #5 · answered by Anonymous · 0⤊ 0⤋
You need another Accountant to find out whether he is charging you too much..lol
2006-09-05 05:16:11 · answer #6 · answered by Anonymous · 0⤊ 0⤋