We have a company which is not trading at the moment but need the yearly accounts done + submission to CRO. We are changing accountants because the other one was not performing.
We met with a new accountant yesterday and told him about the small turnover and just needing accounts done once a year. I can do up spreadsheets with the very few transactions that we have and email them to him. I told him that there are a couple of updates to be done on the CRO side ie change of directors addresses and shareholding which was not done by our previous accountant - don't ask why. I also told him that I could do the VAT - hardly any. Just asked him could we use his office for our registered address.
I asked him for a fee on this and he quoted about E1100-E1200. Now I have to ring him today to clarify is this just for the first year due to taking over the accounts and getting to grips with it or can I expect this fee for doing the accounts every year. I thought the fee was a bit excessive myself but I have no idea what the going rate is for accountants. Also can someone explain about this audit exemption and would it reduce the fees.
Thanks for any help.
We met with a new accountant yesterday and told him about the small turnover and just needing accounts done once a year. I can do up spreadsheets with the very few transactions that we have and email them to him. I told him that there are a couple of updates to be done on the CRO side ie change of directors addresses and shareholding which was not done by our previous accountant - don't ask why. I also told him that I could do the VAT - hardly any. Just asked him could we use his office for our registered address.
I asked him for a fee on this and he quoted about E1100-E1200. Now I have to ring him today to clarify is this just for the first year due to taking over the accounts and getting to grips with it or can I expect this fee for doing the accounts every year. I thought the fee was a bit excessive myself but I have no idea what the going rate is for accountants. Also can someone explain about this audit exemption and would it reduce the fees.
Thanks for any help.