All Packages

As regards the fees, our monthly packages aim to spread the annual cost of the accounting fees over the course of a year.

New clients either sign up at the beginning of their financial year or if they are part way through their current financial year or have any accounts and tax returns outstanding then they would either:

complete the outstanding accounts and tax returns as a one off piece of work for an agreed fixed fee and then sign up for the monthly package from the start of the next financial year

pay the fees due for the months from the start of the outstanding financial year(s) until the current month, assuming that all previous years' accounts and tax returns are up to date

Example

Business Year End 31 March 2009 and accounts have not been filed for this year

Business becomes a client of CheapAccounting.co.uk in October 2009

Turnover is less than Ł65,000

Fees would be:

a one off fixed annual fee for the accounts for the year to 31 March 2009 to be agreed based upon the available accounting records that have been kept and are available.

This fee would be paid on completion of the accounts

Fees of Ł29.99 / month from April to October 2009 being 7 months = Ł209.93, payable on becoming a client

Fees of Ł29.99 / month from November 2009 payable monthly

The accounting records from 1 April 2009 would need to be entered onto the on line system.

So there would be a period of catch up for the transactions from 1 April 2009 to the date that the business became a client.

Note - vat is due on all fees