Each one of our clients is unique; they all have different needs, different ambitions and different ways of working. That’s why we don’t offer rigid monthly packages and expect businesses to settle for one that almost fits the bill. Instead, we devise a completely bespoke package that meets each client’s needs exactly.
For individuals looking for help with their personal UK or US tax affairs we would give you a fixed fee quote based on your unique circumstances.
We’ve put together some example packages to show what we can
do for you.
Sole Trade & Partnership
We understand that a limited company isn't the right business set up for everyone.
Perhaps you're running your company part time or you operate a lifestyle business that fits in around other commitments. Alternatively, working in partnership with a trusted colleague or friend can be a great way achieve business success.
But even if you've made the decision not to become a limited company you still need to meet your financial and legal obligations to stay compliant.
Sole trader packages from£30 per monthServices may include: End of year company accounts Personal tax return Xero, Receipt Bank or 1Tap software Ad-hoc advice and support |
Partnership packages from£70 per monthServices may include: End of year company accounts Partnership tax return Personal tax return for two partners Xero and Receipt Bank software Ah-hoc advice and support |
Contractors
We understand that being a contractor is a very specific way of working. We’ve tailored our fees for contractors with this in mind, to meet the needs of professionals who operate under their own limited company, selling their services to other organisations.
We’ve given examples below but of course we will create a bespoke package to suit your needs.
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You’re a professional with one main client and a turnover of £50k. You issue one invoice a month and make a low number of purchases. All you need is to stay compliant, in the most tax efficient way, and have someone to call on for advice whenever you need. ... Annual Limited company accounts Corporation tax return Monthly PAYE for one Personal tax return for one director Xero & Receipt Bank subscription Annual confirmation statement (inc filing fee) Ad hoc advice & support £98+VAT per month |
Your business is not quite as straightforward; multiple clients and suppliers and a turnover of £95k. You just want to take a photo of your receipts and the rest of your bookkeeping, plus VAT returns, will all be done for you.
As per the previous package, plus:
...
Quarterly bookkeeping Quarterly bank reconciliations Quarterly VAT returns £152+VAT per month |
Limited Businesses
Of course there certain obligations that every limited company has, but there is a whole lot more we can do for you.
We’ve prepared some examples of what your monthly Farnell Clarke package could look like. Rather like a set menu in your favourite restaurant, you can add extra items, swap things that you’re not so keen on or ask us to create something especially for you.
Keeping you CompliantYou actually don’t mind a bit of bookkeeping, especially when it means you get to play with the latest accounting technology! Your business is now turning over £75k, with a small team, but you have a firm handle on things so are looking to us to get the boring stuff done to keep your business compliant. Oh, and be at the end of the phone for your questions throughout the month. ... Annual limited company accounts Corporation tax return Two director tax returns Monthly PAYE for two Annual Confirmation Statement (inc fee) £147+VAT per month |
The BookkeeperYou’ve grown – awesome! With a £325k turnover though, and with a staff of five, you are in need of someone to take some of the workload away. You’re a busy business owner, and need some reassurance that things are going to plan. So, let’s give you some support – all the services in our compliance package, plus: ... Monthly PAYE for five Weekly bookkeeping Weekly bank reconciliations Quarterly VAT returns Quarterly management accounts A meeting with us twice a year to review your figures £376+VAT per month |
The Management AccountantWant to keep track of how your business is performing? We expect you do as your turnover approaches £1m! You need to be looking at the figures every month, and we will meet with you on a quarterly basis to help you identify opportunities, establish robust processes and ensure your business is well placed to develop and grow. All services in the compliance package, plus: ... Monthly PAYE for 10 Weekly bookkeeping and bank reconciliations Quarterly VAT returns Monthly management accounts A meeting every quarter to discuss your business £656+VAT per month |
The Financial DirectorAt £4m turnover you know you need a full on accounts department. But that means more staff right? Well not necessarily - this is the kind of package that will work for you. As well as the day to day, we will meet with you on a monthly basis to review our management reports and forecasts to enable real-time financial planning. All services in the compliance package, plus: ... Monthly PAYE for 20, plus five P11d’s Weekly bookkeeping and bank reconciliations Supplier and staff payments made for you Three director’s personal tax returns Monthly management reporting FUTRLI forecasting reporting A meeting every month to discuss results and plan ahead £1,327+VAT per month |