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What is a good price to pay for an accountant ltd company?

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    What is a good price to pay for an accountant ltd company?

    Hi, I am new to contracting and I am looking to setup a limited company.

    What would is a good price to pay and who should I avoid out there?

    I was looking to hire a part time local accountant but I don't want to be overpaying them to look after me.

    Thanks

    #2
    Most of us seem to come in around £100 /m +/- £20 or so, but it does depend on the package and services. I'd caution you to be aware of underpaying as its as much of a risk as overpaying.

    Check the accountant recommendation thread pinned at the top.

    Comment


      #3
      Originally posted by contractorsl75 View Post
      Hi, I am new to contracting and I am looking to setup a limited company.

      What would is a good price to pay and who should I avoid out there?

      I was looking to hire a part time local accountant but I don't want to be overpaying them to look after me.

      Thanks
      RTFF

      Comment


        #4
        There is a sticky at the top this section which will answer all your questions.

        Also you can use the Google search method to look for any questions you have. They will have been answered numerous times.

        In Google type in
        (search phrase) site:forums.contractoruk.com

        You'll find you won't get a very good repose to your questions unless you put some effort in first.
        'CUK forum personality of 2011 - Winner - Yes really!!!!

        Comment


          #5
          Originally posted by contractorsl75 View Post
          Hi, I am new to contracting and I am looking to setup a limited company.

          What would is a good price to pay and who should I avoid out there?

          I was looking to hire a part time local accountant but I don't want to be overpaying them to look after me.

          Thanks
          Not sure why you need part-time?

          Or a local accountant ?

          There is a sticky of recommended accountants at the top.

          You can get a 'good' one for £85-£95 incl Free Agent.

          Or a list here : Contractor Accountants - accountancy services providers for IT contractors

          Comment


            #6
            Hi contractorsl75

            I've been using the same firm for many years. Fee is ~£80 a month and he's really good - advises specifically on IT accountancy but also has a hand in business and property accounting.

            PM me if you want details.

            Comment


              #7
              Originally posted by contractorsl75 View Post
              Hi, I am new to contracting and I am looking to setup a limited company.

              What would is a good price to pay and who should I avoid out there?

              I was looking to hire a part time local accountant but I don't want to be overpaying them to look after me.

              Thanks
              How did you get on with the company set up?

              Comment


                #8
                Originally posted by contractorsl75 View Post
                Hi, I am new to contracting and I am looking to setup a limited company.

                What would is a good price to pay and who should I avoid out there?

                I was looking to hire a part time local accountant but I don't want to be overpaying them to look after me.

                Thanks
                You get what you pay for, as they say. Traditional accountants are on their way out, I'd have a look online for a cloud accountant
                www.inniaccounts.co.uk

                Comment


                  #9
                  Originally posted by Jess inniAccounts View Post
                  Traditional accountants are on their way out,
                  They really aren't.

                  Comment

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