R
I am not an expert on accountancy nor do I claim to be, even though I have seen enough accountancy invoices to support a village in Africa ! What I do know , from chatting to friends, family and business contacts here and in Britain is how accountancy fees - comparing like with like - seem to be so much less in Britain. It is not surprising some members of the accountancy trade here pop up to argue their case, just as dentists here sometimes pop up to defend their charges, barristers defend their charges, even the shops selling UK magazines defend their prices.To be honest, I don't think you know a whole lot about accountancy firms in "mainland" UK (and indeed ROI)
"It is not surprising some members of the accountancy trade here pop up to argue their case,....."
Hardly surprising - the alternative is to observe ranters bang on unchecked!
mf
What I do know , from chatting to friends, family and business contacts here and in Britain is how accountancy fees - comparing like with like - seem to be so much less in Britain.
You still haven't provided any concrete example, or indeed an explanation for your implicit claim that accountancy fees in GB are higher than in NI.
Isn't that what LOS is all about ?
In my experience (outside London) the UK is considerable cheaper than Ireland. That doesn’t mean that accountants in Britain are cheaper because Irish accountants are ripping people off or engaging in some from of cartel (which would be near impossible for such an open sector), the UK is just a lower cost economy.
My comments are about costs in the UK in general. I cannot comment one way or the other on accountancy fees.But that doesn't seem to be evidenced in any comparison of fees NI v ROI. And although many NI firms can expertly prepare ROI returns and some explicitly market themselves on a cross-border basis (including the firm I named above), there is no significant traffic of clients going north for accountancy or tax services, unlike for groceries, electrical goods, building materials etc.
My comments are about costs in the UK in general. I cannot comment one way or the other on accountancy fees.
But it simply is not credible that accountancy fees in NI are higher than in GB.
I phoned 4 different accountancy practices , just as an experiment, in N. Ireland , at random, since lunchtime. I enquired about them doing the books of a business from Republic of Ireland. Three said they would not be experienced to take on work from another jurisdiction / were not familiar with tax regime / deadlines etc south of the borderetc etc. The fourth said they would consider it and come back to be. This is hardly surprising.
here are a number of firms in NI who handle ROI cases.
As someone involved in the accountancy business ubiquitous, you should simply acknowledge that accountancy fees, like dental fees, cars, etc are more expensive in "rip off Ireland" ( in general ) than in the UK ( in general ). You would have more credibility, than simply digging a bigger hole for yourself and trying to drag N. Ireland in to the debate.
As another poster correctly wrote
"In my experience (outside London) the UK is considerable cheaper than Ireland. That doesn’t mean that accountants in Britain are cheaper because Irish accountants are ripping people off or engaging in some from of cartel (which would be near impossible for such an open sector), the UK is just a lower cost economy."
My comments are about costs in the UK in general. I cannot comment one way or the other on accountancy fees.
Different tax system so different costs.If you call NI or GB accountants to quote for Irish accounts, then surely they too will charge Irish prices? (rubbing their hands in glee)
A better experiment might be to get them to quote for NI or GB accounts.
My point exactly. It shows how ubiquitous's attempt to go off on a tangent and start discussing N. I. fees is just a foolish attempt to derail the debate from discussing why accountants charge considerably more in Rep. of Ireland ( in general ) than in UK ( in general ).If you call NI or GB accountants to quote for Irish accounts, then surely they too will charge Irish prices? (rubbing their hands in glee)
A better experiment might be to get them to quote for NI or GB accounts.
Different tax system so different costs.
So this is why accountants fees are sometimes double in "rip off Ireland" ?
I suppose dentists and other professions use this argument too, and it explains for some of the discrepancy ( just as higher vat rate / distribution costs etc would account for some of the higher cost of some imported goods here ). As the owner of a UK firm who distributes goods in both UK and Ireland said to me recently, when we were discussing accountancy fees, the problem is that the increased accountancy fees businesses are charged in Ireland is just another increased overhead which adds to the cost of goods here ( and / or lack of profitability for the business concerned ).
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