Fees

How Much

One question we’re commonly asked is “how much is that going to cost?”

For an individual tax return, this is a bit easier to answer. However, for businesses, while we’re happy to provide an estimate based on information you provide, it’s almost impossible to have one set fee for all, as everyone’s business is different.

Some clients provide us with a set of pristine accounts that we barely need to touch. Others walk in with the infamous ‘shoebox’ and want us to do the lot. Some clients employ bookkeepers, others prefer to do it themselves. Some use accounting software, others list payments on scraps of paper.  All these variables impact on the time it takes us to complete the work required, and ultimately impact on the fee charged.

Fee Options

We provide 2 options in regard to fees.

1. We can charge based on a reasonable hourly rate. We are happy to bill by the hour, but the problem is when something takes longer than expected, it invariably ends up with one unhappy party.
2. Our preference is to charge you a fixed monthly fee based on agreed deliverables from both parties and only when these deliverables change is the fee likely to change. Most people prefer this option. You know exactly what your fee will be for the year and means you’ll get no nasty surprises with big fees you had not expected.

Monthly Payments

Our simple no nonsense approach to business includes simple fee pricing. As a client, you need to know what our services will cost you before you agree to hire us. If you choose a fixed monthly fee then we will not charge you any more than that monthly fee unless you require additional work or help not covered in the Terms of Engagement with you.

Whatever option you choose, our fees are payable monthly by direct debit or charged monthly to your credit card. This puts less of a strain on your cash than us issuing you with an invoice for a lump sum at the end of the quarter or year.

Your monthly fee is arrived at by dividing your estimated annual fee by 12 then spreading that amount over the 12 months to help with your cashflow and budgeting.  In general, your monthly fee will cover everything including support and advice etc.

Fee Schedule

We have a tiered fee structure offering different levels of service, so you only pay for what you need. You pay a straightforward fixed monthly fee for a comprehensive accounting – tax- consulting service designed specifically for your business. There are no hidden charges and no nasty surprises at the end of the month or year.

(The above fees apply to all new businesses and subject to change on 14 days notice where required)

Special Promotion

For businesses that already have an accountant we will cut your fees in half and charge you no more than 50% of what you have been paying (applies to businesses with a turnover over $500,000 pa) . We will not increase your fees after that (except for the situation below) unless the work you require from us changes.

Future Fee increase

In every case we set the monthly fee with you at the start and then stay with it unless it has to be mutually amended for some reason. Fees may increase slightly each year to cover general cost increases within the economy but in general, we try to keep our fees affordable for you.