Annual Accounts and Compliance

LIMITED COMPANY STATUTORY ANNUAL ACCOUNTS & CORPORATION TAX RETURN

Company turnover ranges	Fee (including VAT) Indicative Prices
£0k to £10,000	£150
£10,000 to £20,000	£180
£20,000 to £30,000	£210
£30,000 to £40,000	£240
£40,000 to £55,000	£270
£55,000 to £70,000	£300
£70,000 to £100,000	£330
£100,000 to £130,000	£360
£130,000 to £160,000	£390
£160,000 to £200,000	£420
£200,000 to £250,000	£450
£250,000 to £300,000	£480
£300,000 to £400,000	£510
£400,000 to £500,000	£530

This includes all preparing and filing the Company accounts with Companies House and the Corporation Tax return with HMRC. We will also look at options to improve tax efficiency. The turnover is the net number in the accounts so does not include VAT.  This does not include confirmation statement, this is a very straightforward process so we encourage clients to do their own but we can complete this for £25 plus VAT plus the filing fee.

Occasionally a company may have a period over 1 year. Since HMRC only accept corporation tax returns for up to 12 months a second CT600 is required and we charge an additional £25 plus VAT for this additional work.

Individual Self Assessment Tax Return fees

Type	Fee rate
Self assessment tax return	£89

For a basic tax return with PAYE income, dividend income, interest income or pensions. Separate additional fees are charged if business accounts are required or property rental income calculations.

Sole Trader/Partnership accounts

(Self-Assessment)

Turnover	Fee rate
£0k to £10,000	£25
£10,000 to £20,000	£50
£20,000 to £30,000	£75
£30,000 to £40,000	£100
£40,000 to £55,000	£125
£55,000 to £70,000	£150
£70,000 to £100,000	£175
£100,000 to £130,000	£200
£130,000 to £160,000	£225
£160,000 to £200,000	£250

If you have a Sole Trader or a Partnership business you will need to prepare accounts in order to complete the self assessment tax return.  Our fee schedule reflect the additional work involved as a buisness grows.

For example the total fees for a person with a small business with turnover between £30k and £40k would be the £200 + VAT accounts fee along with the £179 + VAT self assessment return fee.  So a total of £379 + VAT for all year end filings.

Partnerships

Type	Fee rate
Partnership return	£75

For a partnership there is an additional tax return to prepare along with the individual partners tax returns. We charge a £150 fee a partnership returns along with the business accounting fee and the cost of individual self assessment returns as shown above.

This is in addition to the self-assessment tax return fees for the individual partners. HMRC requires that a separate partnership return is completed along with the self assessment tax return for each partner.

VAT Returns

Annual turnover	Fee rate per return
£0 to 100,000	£60
£100,000 to 200,000	£90
£200,000 to 400,000	£120

Fees for preparing and submitting VAT returns are charged per return.  Therefore if a business has annual turnover of £92,000 and doing quarterly returns it would be charged £120 per quarter or £480 per year for VAT work.

Rental Property Income

(Self-Assessment)

Description	Fee rate per return
Annual charge per property	£15

Fees for rental properties are charged annually per property included on the tax return. These fees are in addition to the standard £179 for a self assessment tax return.

If you share the ownership of a property you will only be charged once. Eg, husband and wife own 2 properties and both require self assessment tax returns. Fees are 2 x £30 plus 2 x £179 = £418 plus VAT total fees.

PAYE

Description	Fee rate per return
Annual charge per employee	£50

Company directors often pay a monthly salary to make use of personal tax allowances. If a director wishes to pay over the lower earnings limit (£6396 for 2024-25) then PAYE registration and monthly submissions are needed. You may wish to do your own PAYE submissions or we can help.

We can also offer payroll for regular employees. Fees are based on a charge per year per employee. Because there is so much work involved in adding or removing employees the cost is the same if an employee is included for 1 month or 12 months. We find this system is simple to understand and administer.

PAYE reporting is time sensitive, it is easy to get penalties if reporting is not completed on time. Many businesses do not need to register for PAYE so reporting may not be required.

Our PAYE service is available if you are using us for year end accounting or VAT work.

If we are doing the payroll work we can also offer reporting for auto enrolment pensions (using NEST) at a cost of £30 per employee per year.

There may be additional costs if you need help with PAYE or NEST registration and set up.