Fees

How much do we charge?

Introduction

When someone is introduced to us for the first time “how much do you charge?” is normally one of the first questions we are asked.

There are many ways to provide an accountancy service. When pricing your requirements we will make various recommendations concerning how the service is made up and how it is best delivered. This may include changing or improving your financial systems.

We are happy to produce a proposal for you without obligation provided you are happy to give us your feedback. This means letting us know if we have misunderstood your requirements or sending us a copy of the successful proposal. This helps us with our market research. We do not pretend to be the cheapest but believe our prices to be competitive for the service we provide.

• Our aim is for you to enjoy using us as your accountants. We want you to feel that what you pay us is an investment.

A. Fees Section

Basis of Charging Fees

We feel it is extremely important that clients have a clear understanding of the level of fees we will invoice them for work undertaken. We set out below the different ways fees can be invoiced by our firm.

1. Fixed Fee or Fee Range
   We appreciate the importance for new or existing clients of knowing the level of fees we will charge them on an annual basis.

   It is our usual practice to agree fixed fees for work completed wherever possible.

   Where the scope and time commitment can be reasonably estimated it will be possible to agree annually a fixed fee notwithstanding any unusual circumstances. This is particularly appropriate for compliance work such as audit, payroll or tax returns.

   It is important that our clients provide us on a timely basis the information we need in order to provide this service.

2. By Time
   Fees are calculated by reference to the seniority of the personnel involved and the complexity of the service required.

   If clients require, when working on an hourly rate basis, we will still provide an estimate of the likely time together with details of our current hourly rates.

3. Contingency Based Fees
   There may be some situations such as the sale of a business or the raising of finance where we might undertake work on a result or contingency basis.

   In these situations the precise arrangement will be agreed in advance with our client and includes a contingency and fixed element of our fees.

   Fees quoted will in all cases be net of VAT and disbursements.

4. Expenses and Disbursements
   We will normally recharge the following expenses as and when incurred.
   • Statutory disbursement (e.g. change of name, filing fees etc)
     
   • Counsel and other expert fees as required
     
   • Couriers and messengers
     
   • Exceptional travel and accommodation

5. Timing and Payment of Fees
   Depending on the nature of the assignment clients will be billed on a monthly, quarterly or yearly basis. Our fees are payable within 30 days of delivery of an invoice.