Paying for your accounting monthly means you'll have your own dedicated qualified accountant on hand to help with any questions as well as file your year end accounts & tax returns. This option is great for start ups who are finding their feet in the new world of accounting and tax for their business as well as for those who are happy to pay for someone else to help keep on top of them meeting their legal responsibilities and complying with their regulatory burden.
|up to £30k
|£30k - £85k
|£85k - £150k
What's included in the fees
|Preparing and filing the annual statutory accounts including the necessary filing at Companies House and HMRC
|Completion of your Corporation Tax return (CT600) and filing at HMRC
|Preparing and filing your self assessment (SA100 & SA102 supplementary pages) for one director
|Monthly fixed payroll for one director
|Answering related tax and accounts questions that you may have throughout the year*
What's not included in the fees
|Bookkeeping, data entry and reconciliations - ask your accountant for a quote
|Cloud Accounting system - you sign up directly giving you complete control over your data & who accesses it
|Registered Office from £54.99 p.a. including mail forwarding
|Additional self assessment supplements
|Confirmation Statement - from £49.99 p.a. plus VAT
|Additional self assessments at £5 per month per return
|Additional monthly payroll at £5 per month per person
*Help and support will be provided subject to a reasonableness test. If we feel that you need more help and support than your package level provides we will discuss the options with you going forward.
How we charge you when you join us
Our fees are based upon turnover, reviewed each year at the year end for any turnover increases.
Outstanding work to do
We try to be as fair as possible with our fees offering you the best price for the service that we provide.
When you join us you may already have some work outstanding or have to catch up with your accounting in the current year.
We will explain this and the work that needs to be done as well as let you know what our fees will be for this work.
We will not undertake any work until you have agreed our fees.
Catch Up Fees
Our fees are spread throughout the year making it easier to budget for your accountancy costs.
When clients join us in the first year the annual charge applies which can be spread over the remaining months in the current accounting year.
At a turnover of £85,000 to £150,000 our annual fee would be £882.00 plus VAT for the year.
If you join us in November 2023 and your company has a year end of 31st May 2024 then the first year fees would be spread over the months from November 2023 to May 2024.
This gives a fee of £126.00 plus VAT per month until May 2024.
Fees from June 2024, being the start of your next financial year, would be £73.50 per month plus VAT.
What you can expect from us as your dedicated accountant
As part of your accountancy service you will:
|Be allocated your own dedicated qualified accountant
|Be sent the direct contact details for your allocated accountant
|Have access to the extensive experience, knowledge and expertise of your accountant as well as that of the wider CheapAccounting.co.uk Network
|Receive a rapid response to your communications, during normal working hours
|Be certain that our accountants are regulated by one of the UK Professional Accountancy or Taxation Bodies
|Be assured that our accountants use de facto industry standard software for the preparation and filing of accounts and tax returns
What we expect from you
We provide a quality, affordable and professional accountancy service.
To continue to do this we expect you to:
|Respond to our communications in a timely manner
|Provide us with the information that we ask for as soon as possible
|Be open and honest with us about your accounting and tax affairs at all times
|Treat us with respect and dignity
Registered Office Services (clients only) - £54.99 p.a. plus VAT
For European Clients - £74.99 p.a. plus VAT
For rest of world Clients - £104.99 p.a. plus VAT
Our service offers a great alternative for those needing a UK based registered office address. We offer a registered office address in Preston.
Our service includes mail forwarding of statutory post including correspondence from HMRC and Companies House.
Mail received at our office is sorted and redirected to promptly. Any notices served are redirected immediately.
Please note that you cannot use the registered office address service as the accommodation address for your company, nor for any trading, correspondence or advertising purposes.
We do not forward obvious junk mail.
What is a registered office?
A registered office address is the official address of a limited company.
It is the place where Companies House and HMRC will often send notices, letters and reminders but it does not have to be the main place of business. Every limited company must have a registered office.
It is imperative that the registered office address is kept up to date and that an arrangement is made to have mail forwarded from that address to the address of someone dealing with the administrative matters of the company.
What address can I use?
The registered office must be a physical location so this means you cannot use a mail box number (i.e. PO Box). Apart from that you can use any address as the registered office, assuming you have relevant permission to do so e.g. if you are in rented accommodation many leases will prohibit use of that address as a registered office.
The registered office can be anywhere in England and Wales. Companies registered in Scotland must have the registered office in Scotland.
I don't want to use my home address
Many companies will not want to use an owner's home address for their registered office so they choose to use a registered office service.