Record keeping

Our fees are relatively low compared to other Chartered Accountants. To enable us to maintain these low rates, it is important that the financial records you provide are well maintained, and that the information provided to is accurate, and delivered on a timely basis. If your records are in poor order, we are likely to look for additional fees to complete the necessary work to get your books up-to-date.

Tax planning

Sometimes the work we do can flow into complex tax planning matters. This can take up more time than we allow for in our fee schedules. If we are at risk of spending significant extra time on tax planning, then we will make you aware of this at the earliest opportunity, and ideally at our initial meeting. We are likely to look for extra fees based on the tax planning work needed.

Other work

Occasionally we are approached to do work outside normal fixed fee schedule items. For this type of work we can provide a fixed fee where possible. If this is not an option, then we may be able to offer an hourly rate.

Incomplete work

We may be approached to take on work at a fixed fee, where work is started but not completed due to changes in the client's circumstances. If this happens, then we may look to invoice part of the agreed fixed fee. This would be based upon the level of completion of the work.

Invoicing and payment terms

If we are preparing year-end accounts or quarterly VAT returns, then we normally issue an invoice at the point where we provide your draft numbers. We then go through a review process and identify any potential issues. This is followed by obtaining approval that the numbers are ready to be submitted. At this stage, we prepare all numbers to be submitted, and we look for payment prior to actual submission.  The final submission can normally place on the same, or following, day. After which we provide confirmation that submissions have been accepted.