If you keep it as simple as you have outlined you should pay no more than a couple of hundred plus VAT, I have a Ltd Co in that space, similar transactions and pay that, I keep everything in order, nice and tidy, it limits time input on the part of your Accountant but I do not use him for anything else so no queries etc, see how you get on but open to p.m. me if you want to and I'll pass on his details, I actually never met him he was referred by another Accountant, excellent guy to work with.
You can of course do this yourself as well, does not need to be an Accountant.
As I indicated I paid a couple of hundred plus VAT, he is in Dublin.
If you keep it as simple as you have outlined you should pay no more than a couple of hundred plus VAT, I have a Ltd Co in that space, similar transactions and pay that, I keep everything in order, nice and tidy, it limits time input on the part of your Accountant but I do not use him for anything else so no queries etc, see how you get on but open to p.m. me if you want to and I'll pass on his details, I actually never met him he was referred by another Accountant, excellent guy to work with.
You can of course do this yourself as well, does not need to be an Accountant.
Of course he verified my i.d. but yes I never met him in person, I was introduced to him by referral from another Accountant.
No Corporation tax was payable in year one, I do my personal taxes myself, he completed a simple set of accounts for me with the abridged set sent to me and since forwarded by me to the CRO, he was terrific.
That Ltd Company is a small affair just like the O.P's, it is not worth my while paying any more than a nominal amount annually, I could do the accounts myself but that would take time better spent on other pursuits, it took a number of weeks to get done but I ain't paying top money and could be patient.
I've had bigger Accountancy bills in the good times with another company I was a Director of and I negotiate very hard, I have never been satisfied paying that bill each year. I admit to not seeing the value in accountants bills running to €1000's for a basic set of accounts to be prepared when at that point I also used a paid book-keeper that ran off everything required up to trial balance. This referral was made by the previous Accountant I used when I said I could not afford their charges for this still new baby company.
Simple message - small limited company directors who have a vanilla requirement need to have a vanilla solution, a hard neck, negotiate hard and shop around.
Hi,
I'm looking for an estimate of typical accountant fees for a small Ltd company that will only have less than two dozen transactions per year. No employees planned for first year. Any ideas of a ballpark figure?