Does my accountant charge me too much?
I run a small business in Ireland - last year's income was €29,000 (this year's €25,000). There are no employees or VAT and I prepare all the income and expenditure details - just hand him the file for the tax returns. Last year's accounts fee was €900 and that was after objecting to €1000. He's a nice enough guy but I wonder if I should change accountants. Would another be prepared to give me an estimate
Other - Business & Finance - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You need another Accountant to find out whether he is charging you too much..lol
Answer 2 :
Aint they all the same. They do a job you and we need but they can charge pretty much what they want. But shop around, ask friends etc there will be a cheaper 1 out there.
Answer 3 :
Yeah, just ring round a few and ask for estimates. Then you will know if that is normal or not.
Answer 4 :
Ask around. Most accountants will giove you a cost. When I was contracting I found an accounting company that charged me monthly, in fact they were so good I handed the whole paperwork side of the business over and they had me as a paye employee cause it was so much less bother..... People are hungry for good business and yours sounds easily managed
Answer 5 :
I have just about the same level of business, I do the accounts just as you do and my account does the business tax and my wife's and I personal tax and he charges me £250. If that is any help
Answer 6 :
He probably is but I suppose it depends on what exactly he's doing and the average price in your area. I suggest you contact a few others in your area and ask them to give you a quote. If you get one recommended, even better.
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