I would be interested to see what’s everyone paying for their end of year accounts?
Mine charge per annual turnover, looking to find the baseline so I’m not getting ripped off !
I’m paying £3k with turnover £300k
TIA
Yes, you are being ripped off.
You should be paying around £100-£1500 max, especially if it’s just for year-end accounts.
But remember a good accountant can save you a lot so if the £3K accountant is good, it might be a price worth paying. But I’m not sure in your case.
1 Like
For a £300k turnover, paying £3k for end-of-year accounts seems reasonable, as many accountants charge between 1-2% of turnover for small businesses, depending on the complexity of your accounts and services included (e.g., bookkeeping, VAT returns, payroll, etc.). However, prices can vary based on your location and the firm’s reputation. It’s worth getting quotes from other accountants to compare.