Many accountants now offer what appear to be fixed monthly accountancy fees – and some are outwardly much cheaper than others. When comparing prices it's important to know exactly what each price covers. Beware of the headline prices and the hidden additional fees – you may not receive the services you expect.
One way to avoid hidden costs is to choose an accountant who offers a truly inclusive service for their fixed fees and ask them to set out in writing what their fee includes. If you are not sure that everything is included, the questions below may help you make sure you get no nasty surprises.
Better still why not contact Orange Genie Accountancy? We offer a comprehensive fixed fee package that covers all you will need to run a successful business leaving your with peace of mind that all your accounting and reporting responsibilities are taken care of, including your self-assessment. Find out which package suites you best here.
Apparently lower-cost services can soon become expensive if there are exit charges in the small print. When engaging your accountant make sure you understand any “tie in periods” or minimum fee requirements
Consider the following when reviewing fees:-
Do limited company formation costs cover registering for various taxes e.g. VAT registration and the opening of a PAYE scheme
Is there an additional fee for using the accounting software?
Is your tax return included?
Are there additional fees for non-contracting income to be included on the tax return?
Is there an annual filing fee?
Are charges made for rent or mortgage references?
Are you charged for meetings?
Is all telephone and email advice included in the fee?
Is there a closure fee?
Think about making the move to contracting? Why not speak to one of our friendly new business team on: 01296 468 185 or email accountancy@orangegenie.com
Why Orange Genie Accountancy?
Orange Genie Accountancy offers fixed fee accountancy packages to contractors and freelancers. Each client has unlimited access to their own dedicated approachable and friendly accountant. All Orange Genie Accountancy accountants are specialists in the contracting market, so they can give you bespoke, high quality advice.
We will always keep you informed about anything that could affect you and your company. Our relationships with our clients are extremely important to us so we'll be in touch often, whether it be face to face, over the telephone or email.
Our packages start at £75 + VAT a month for an online service. Our most popular package is £120 + VAT a month which provides you with your very own dedicated accountant as well as:
Unlimited accountancy support
Face to face meetings so we can get to know you and understand your contracting goals
Proactive contact
Director and employee payroll
Annual Return
Self-Assessment Return
A fully compliant service so you are safe in the knowledge that you are meeting your legal obligations
And much more, including access to wealth management advice, IR35 reviews and pensions planning.
If you would like to appoint Orange Genie Accountancy as your accountants please either fill out our enquiry form or give one of our friendly expert accountants a call on 01296 468 185 or email accountancy@orangegenie.com.