How we prepare a fee proposal
Our fees reflect the services required, the condition and volume of your records, the complexity of the work and any relevant deadlines. Contact us with a short outline of your requirements so we can discuss the appropriate service and charging approach.
You may need an individual assignment, regular accountancy support or specialist assistance. We agree the scope and fees before the engagement begins.
What affects the fee?
- The accounts, tax returns, bookkeeping, payroll or reporting services required.
- The number of businesses, properties, employees and transactions involved.
- How current and complete the underlying records are.
- Any reconciliation, correction or catch-up work needed.
- The reporting frequency and level of review or advice required.
- Specialist matters, outstanding correspondence and time-sensitive work.
What the engagement will cover
Our engagement documentation sets out the services included, the responsibilities of both parties, the records required, the approvals needed and the agreed fees. Software costs, filing responsibilities and additional work are addressed where relevant to the proposal.
If the work required changes, we discuss the effect on scope and fees before undertaking additional services.
Information for an initial discussion
Tell us your business type or sources of income, the periods involved, the software you use and the services you require. Please mention any approaching deadlines or outstanding HMRC correspondence.
For your security, keep identity documents, tax references, bank details and detailed financial records out of the general enquiry form. We will agree an appropriate way to share any records needed.
Frequently asked questions
Can bookkeeping and annual accounts be considered together?
Yes. We can discuss a coordinated service covering regular records and year-end work. The proposal will identify the services included and any separate responsibilities.
Can you review records that are behind?
We can review the periods, records and deadlines involved and assess the preparation work required before agreeing an engagement.
Do I need to change accounting software?
We review the systems already in use before recommending a change. Any software requirements or separate costs are discussed as part of the proposal.