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Current Fees

At ABMS we have a philosophy to be as transparent with you in all matters relating to your business and our relationship with you, and we recognise that a key factor in your choice of professional advisors will be the fee you pay for services received.  

All businesses are different and the level of work, number of transactions and examination of records involved can vary significantly, and the only accurate measure of fees is on a ‘time spent‘ basis after the work has been completed, which is not really useful to you as you need an idea of your fees before making a decision.

The responsibility is on us to provide you with a cost effective and, above all, transparent fee structure in order that you can make your own judgement.

To assist you in this we operate a fixed fee schedule for Traditional Accounting services based upon the simplest of factors, namely turnover and business type, which reflects our assessment of the level of work involved and what you should expect to pay for accounts preparation, tax returns and filing with HMRC and Companies House.

Similarly, although Commercial Accounting fees are calculated upon the specific needs of your business, we aim to provide similar transparency in the basis of how these ‘time spent’ fees are calculated and enabling you to assess how much your unique monthly, quarterly or ad-hoc commercial accounting requirements may cost.

Our Monthly Service Plans are calculated using our current fees schedules as the basis of costing your unique business requirements.

You will only be charged for the services you need.

Fixed Fee Schedule for Traditional Accounting Services – 2019

Business Accounts Preparation Fees

Note:
The standard fees are for the preparation of year-end business accounts only and do not include any additional services, unless stated otherwise.
  1. Excludes Individual Tax Returns for Sole Traders, Partners or Company Directors (additional fees charged see Tax Return Fees)
  2. Limited Company Accounts include Companies House Filing and 1 x CT600 Corporation Tax Return
  3. On occasion a Limited Company may have an accounting period over 1 year. HMRC only accept tax returns for periods up to 12-months. If a second CT600 is required we will charge an additional £75 pus VAT.
  4. All fees are subject to VAT at the standard rate.
Annual Accounts Preparation by Turnover & Business Type

Tax Return Fees

Note:
The following fees are in addition to Business Accounts Preparation Fees and are for a Basic Tax Return per individual.
  1. A Basic Tax Return includes a return for 1 x Employment, 1 x Self Employment, UK Dividend Income, UK Interest Income and UK Pension Income
  2. Additional fees are charged for non-Basic inclusions in the Tax Return and are subject to an assessment of your requirements and will be agreed with you in advance.
  3. All fees are subject to VAT at the standard rate.
Individual & Partnership Tax Returns
Fees Schedule for Commercial Accounting Services – 2019

VAT Return Fees

Note:
  1. Fees for preparing and submitting VAT Returns are charged per Return for the standard UK VAT100 form
  2. Unless otherwise notified VAT Returns are usually prepared on a Quarterly basis resulting in four VAT returns annually
  3. Additional fees may be charged for more complex VAT work
  4. All fees are subject to VAT at the standard rate
VAT Return preparation & submission services

General Commercial Accounting & Bookkeeping Fees

Note:
The following services are provided on a 'time spent' basis and will vary in accordance with specific needs and the level and complexity of any work undertaken.
  1. Expenses incurred on your behalf will be notified and agreed in advance wherever possible.
  2. All fees are subject to VAT at the standard rate
Current fees for commercial accounting, bookkeeping and ad-hoc services

Longer Term Part-time and Interim Financial Manager Services

Note:
We provide off or on-site Senior Financial Manager and Controller services on a regular basis to suit your business.
  1. All fees for this service will be assessed on your specific requirements and agreed beforehand.
  2. All fees are based upon the basic hourly rate of a Principal Consultant/Financial Manager
  3. Half day rates are for a 4 hour block of time and apply after 3 hours
  4. Full day rates are for a 7 hour block of time and apply after 6 hours
  5. Expenses incurred on your behalf will be notified and agreed in advance wherever possible.
  6. All fees are subject to VAT at the standard rate
Current fees for providing on or off site Senior Financial Manager Services
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