Hi Folks
My wife is a Sole Trader (going through tough times at the moment). She is covering all her bills but not making any wages for herself. It has been like this on and off now for 12 months. Basically she's working for no wages at the moment.
I perform her bookeeping duties for her (Cash Book, Cheque Journal, Purchases Invoice Book, Vat & Prsi etc...)
At the end of the year her accountant performs the end of year books. Not sure how much work is involved in this.
I am currently looking at all her bills to see if we can reduce them. She is currently paying her accountant 1,200 euro per year. Turnover on her business is about 95,000 euro per year (used to be alot higher).
Just wondering, does 1,200 sound excessive from other's experience?
Meeting with her accountant in a couple of month's and i might ask him about a reduction, or else might look at other accoutants prices? Just wasn't sure if what she's paying now is too high or is fairly standard.
My wife is a Sole Trader (going through tough times at the moment). She is covering all her bills but not making any wages for herself. It has been like this on and off now for 12 months. Basically she's working for no wages at the moment.
I perform her bookeeping duties for her (Cash Book, Cheque Journal, Purchases Invoice Book, Vat & Prsi etc...)
At the end of the year her accountant performs the end of year books. Not sure how much work is involved in this.
I am currently looking at all her bills to see if we can reduce them. She is currently paying her accountant 1,200 euro per year. Turnover on her business is about 95,000 euro per year (used to be alot higher).
Just wondering, does 1,200 sound excessive from other's experience?
Meeting with her accountant in a couple of month's and i might ask him about a reduction, or else might look at other accoutants prices? Just wasn't sure if what she's paying now is too high or is fairly standard.