Closure of the Books and the Company

[siddzy]

Hi All.

A newbie here looking for some advice.

Before proceeding for MVL of my Ltd. Company, I am looking to close my books and the company.
For this, my accountant has given a quote of £1350 plus VAT.
This would include
- VAT Scheme closure
- PAYE Scheme closure
- Finalise books and pay remaining taxes


Would boarders have any advice on whether this is a reasonable quote and/or there are other considerations I should give. Please do note, there are other liquidation and disbursement fees to follow.

Regards
Sidd

[cojak]

It's a bit pricey if that's all they're doing.

Mine closed my bank account and did all of the accounts before closing it with Companies House as well.

[siddzy]

Reply to Thread

It's a bit pricey if that's all they're doing.

Mine closed my bank account and did all of the accounts before closing it with Companies House as well.

Thanks Cojak. If I may ask, at what cost ?

[Maslins]

Have you been paying monthly as you go? If so, in my opinion that does sound very high. If not (ie you pay for accounting work only when done), then this doesn't sound too bad for a full set of accounts/CT return, as well as the VAT/PAYE tidy up.

Like you suggest, if you will be going through a formal MVL (rather than a strike off), do expect another invoice of give or take the amount you quote from the liquidator.