the accountants took nearly a fifth of that - robbers !
lets face it, there are more than a few chancers in the accountancy profession charging huge fees for not that much work.
pay coconuts and contribute to the accountants new mercedes / villa in the sun / investment portfolio
some accountants who seem to charge more when their client is "in the money".
Is that a surprise? The basic laws of supply and demand would show how in all business sectors, trades and professions, emergency service costs more - not least because of extra staff overtime etc. Look at Woodies DIY with their high prices and long opening hours for a good exampleWhat we have noticed in the past is that at it gets closer to the deadline, fees can certainly go up.
....show me an accountant who would work for no charge.
Fyi, newly-qualified accountants are not allowed practice until they have accumulated a number of years of post-qualification experience.A newly qualified accountant , hungry + setting up in practice, should still be able to do the job
My point still stands regardless of you definition of what is or is not an "emergency". If you want a product or service when demand exceeds supply, and/or urgently, be prepared to pay a higher price - regardless of the business sector.We are not talking about "emergency" services -the other poster wrote that he/she "noticed in the past is that at it gets closer to the deadline, fees can certainly go up."
To answer your second point, no I do not work for free, but I do not charge 700 an hour either, or quarter that even.
An yes, FYI,
"A newly qualified accountant , hungry + setting up in practice, should still be able to do the job " Filling in a vat return is not rocket science, especially with only the 4 customers per vat period the other poster was talking about.
So accountants can charge more in Sept or October than in May or June, because of revenue tax deadlines ? And its ok for an accountant to charge 700 euro per hour in fees ?My point still stands regardless of you definition of what is or is not an "emergency". If you want a product or service when demand exceeds supply, and/or urgently, be prepared to pay a higher price - regardless of the business sector.
This is as meaningless as saying. "Go to Joe Bloggs Motors. He only charged me €2,000 for a car."
So accountants can charge more in Sept or October than in May or June, because of revenue tax deadlines ? And its ok for an accountant to charge 700 euro per hour in fees ?
What has Joe Bloggs Motors got to do with it ? At least he would not do a few hours work repairing someones car and then charge 20,000 euro, would he ? Do not confuse the rotten apples in the car industry barrell with those in the accountancy barrell.
Rabbit, where did you get it into your head that accountants charge 700 euro per hour? The actual rate for a qualified, experienced practice accountant at partner level is in my experience between a quarter and a fifth of that - in fact not much more on an hourly basis than a senior mechanic would charge for repairing a car or a tradesman would charge for a callout.And its ok for an accountant to charge 700 euro per hour in fees ?
what exactly did they do for €350???
I did the bookkeeping and my vat returns
they aduited my books and filed my 06 tax return and prelim tax for 07
1) As you appear to be a sole trader, they did not AUDIT your returns as auditing is not applicable to sole traders.
2) That was an excellent price for any sole trader returns, however as you said in your OP that this was a "startup price" I assume you have an estimate of the likely 2007 fees.
That was an excellent price for any sole trader returns, however as you said in your OP that this was a "startup price" I assume you have an estimate of the likely 2007 fees.
Quite right, the accountant will more than likely hike up the fees every year by a large percentage. They do not like giving estimates in advance but do ask for one - otherwise you will probably not get it. You could get a bill for 4000 euro , plus vat - it has happened. I know of other sole trader businesses who have had unexpected fee increases of hundreds of percent. And if you come in to any money - expect the fees to really jump then.
1) We DO NOT charge extra just because its the busy time. The client's agreed fee is just that, whether the work is done in January or October.
earlier " ubiquitous" wrote "If you want a product or service when demand exceeds supply, and/or urgently, be prepared to pay a higher price - regardless of the business sector." Obviously this reinforces the importance of shopping around / getting quotations etc when it comes to accountants.
earlier " ubiquitous" wrote "If you want a product or service when demand exceeds supply, and/or urgently, be prepared to pay a higher price - regardless of the business sector." Obviously this reinforces the importance of shopping around / getting quotations etc when it comes to accountants.
We are not talking about Xmas morning accountants. God know what they would charge to work then !This applies to ALL services, not just accountants. If you want a plumber on a christmas morning to fix a burst pipe then I hardly imagine you'd expect to pay flat rates,
Exactly. Most business people I know have ended up being billed / just paying an ever increasing amount each year.Indeed it does. When you think about it, it also reinforces the difficulty of properly "shopping around / getting quotations etc"
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