Cheap Accounting From Qualified Accountants

Fees Explained

Limited Company - what's included

Based upon you entering your income and costs into an agreed on line accounting system, the limited company (or incorporated business) package provides:

Completion of your annual statutory accounts including filing at Companies House

Completion of an annual self assessment for one director

An income statement showing what your income and costs have been and what profit (or loss) you have made, from the amounts you have entered

A Balance Sheet

Completion of your Corporation Tax and VAT returns

PAYE processing for 1 employee at the primary threshold including the completion of the Employer Annual return*

On line email and telephone support throughout the year to address any questions you may have about your accounts

*Payroll for further employees or one employee at over the primary threshold can be provided at an additional charge.

The primary threshold is the amount that you can earn without paying tax or NI but still receive credits for NI.

Sole Trader - what's included.

Based upon you entering your income and costs into an agreed on line accounting system, the sole trader (or unincorporated business) package provides:

Completion of one annual self assessment for your business

An income statement showing what your income and costs have been and what profit (or loss) you have made, from the amounts you have entered

A Balance Sheet

Completion of your quarterly VAT returns

On line email and telephone support throughout the year to address any questions you may have about your accounts

If you have more than 400 transactions your CheapAccounting accountant will be happy to give you a competitive fixed price fee.

Fee Choices

You have options for the accounting package that would suit your needs but we try to keep the choices as simple as possible, with full visibility of our fees and what is included.

The cheapest and easiest package is where you enter your accounting records into an agreed on line accounting system.

If you want us to do the bookkeeping i.e. enter the transactions we would of course need to charge you more for this service.

Where you take our combined bookkeeping and accounting package, we would expect you to send us your invoices, receipts, bank statements and other accounting paper work monthly.

We would enter that information into an agreed on line accounting system for you and you would be able to see your accounts.

Please ask us about our bookkeeping fees.

Fee Explained

Prices quoted are monthly fees exclusive of vat. Vat will be charged at the prevailing standard rate.

Basic package - the client / user enters the transactions into an agreed on line accounting system. No bookkeeping is included.

What happens if I have a set of accounts outstanding?

If you have a set of accounts outstanding, these would be charged at the annual fees (12 x the monthly fees).

We would then move you onto the monthly fee programme which may include a 'catch up' fee if you are part way through your current financial year, as explained in our Conditions - Click here.

Your allocated accountant will explain this and provide a written quotation BEFORE we undertake any work.