Originally posted by Maslins
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How much should I be paying for self-assessment?
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I would suggest having a look within your online tax account and seeing if you understand the questions being asked of you. If you don't, then get an accountant to do it. If you do, then DIY.
It takes me about 15 mins to do my SATR as I have nothing complicated going on.Comment
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Originally posted by bstar1 View PostNope, Nixon Williams just did my SATR for 2018/19 with Foreign Income for £50 - £60 max Fact ! No Limited Co involvedComment
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Originally posted by Maslins View PostWow...if that's a one off and you have no other working relationship with them, then that's a bargain IMHO.Comment
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Originally posted by Craig@Clarity View PostThere's got to be more to this that what we're told. No way would I be doing an SATR with dividend income and investments for £50.Comment
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Originally posted by Maslins View PostI did think the same...glad another accountant on here to back me up on that so it doesn't just look like we massively overcharge!
I too am surprised someone will do it for £50Comment
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Maybe I'm not getting it...
If you ask an accountant to just FILL your SATR, surely they will just ask you how much was your income, dividends, other income with property or savings, etc., they won't check the figures are accurate!
How can that cost more than ~50£? Surely they won't waste more than 30 min on it...
Obviously if you can't (or don't know how to) provide those figures and you are expecting the accountant to 'find out' what they should be, then is completely different story...
Also agree that many accountants won't bother to do it for 50£"The boy who cried Sheep"Comment
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Originally posted by CryingSheep View PostIf you ask an accountant to just FILL your SATR, surely they will just ask you how much was your income, dividends, other income with property or savings, etc., they won't check the figures are accurate!
How can that cost more than ~50£? Surely they won't waste more than 30 min on it...
If you like analogies...imagine saying to a plumber "I want my new boiler connected up, all you need to do is put that wire in there and that pipe there. Once you've done those, please complete the gas safe (or whatever it's called) certificate." The plumber is highly unlikely to be prepared to just do exactly what you say and sign it off as their work, without checking a whole bunch of things first.
There have been plenty of occasions where we've given someone a few informal pointers (inevitably with some modest caveats) about how to DIY their tax return for free, but on the basis they submitted it themselves.Comment
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Originally posted by bstar1 View PostNope, Nixon Williams just did my SATR for 2018/19 with Foreign Income for £50 - £60 max Fact ! No Limited Co involved
Wouldn't touch even the most simplest of Tax Returns for that fee.Comment
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Originally posted by craigy1874 View PostAbsolutely ridiculous fee. Either they have the most junior staff doing this who don't have a clue or they are going to go bust soon.
Wouldn't touch even the most simplest of Tax Returns for that fee.Comment
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