Hiring an accountant can save you time, money, and stress, but lots of you ask ‘How Much Should I Pay for a Good Accountant?
The cost of an accountant varies depending on factors such as the complexity of your finances, the level of service you need, and the accountant’s experience.
How much should I pay for a good Accountant?
Here are typical costs for different accounting services:
- Self-Assessment Tax Return – £150 to £600, depending on complexity.
- Small Business Accounting – £50 to £250 per month for bookkeeping and tax support.
- Limited Company Accounts – £750 to £3,000 per year, depending on turnover and reporting needs.
- Payroll Services – £5 to £10 per payslip or £50+ per month for small businesses.
- VAT Returns – £100 to £400 per quarter.
Factors That Affect Accountant Costs
Several factors influence how much you pay for an accountant:
- Experience and Qualifications – Qualified accountants (AAT, ACA, ACCA) may charge more but offer greater expertise.
- Location – London-based accountants typically charge higher fees than those in other regions.
- Services Required – A simple tax return costs less than full business accounting and tax planning.
- Size of Business – Larger businesses with complex finances pay more for accounting services.
Helping you with your Self Assessment Tax Return
Contact us now if you need help with your Self Assessment Tax Return
Or just email us if you want our:
- New Business Start-up Checklist, or;
- Business Plan Template, or;
- Help with
- Bookkeeping
- Software
- Accounts
- Taxes
Achieving Success with your business
If you’re just starting your new business venture or struggling with the steps to the next level contact us now.
We can help you with this and much more
Get ready for success with Moore Financial Management
We can help you with all of your compliance obligations such as:
- Self Assessment Tax
- Making Tax Digital
- Corporation Tax
- Filing Accounts
- VAT
- Payroll and Pensions
But also the things you really need to increase the chances of your business being a success
- Management Accounts
- Cashflow Reporting & Forecasting
- Budgets
- Real Time up to the minute information
These are the things that add value and the information you need in order to make the correct business decisions
If you’re not confident with any of this or don’t have the time, getting a licensed accountant to do it for you can actually save you money. It can free up your valuable time which you can use to concentrate on your business. You can also benefit by knowing it has been done correctly and on time.
Mistakes can be costly.
As can missing deadlines.