Online Accounting
Most of us have heard of online banking, in fact the majority of us access banking online every day to check our balances and make safe secure transactions. Online Accounting enables you to look after your business records and make transactions online with software that is accessed on the internet. This software is in ‘the cloud’ and can be accessed securely wherever you have internet access, and on any equipment – be it a PC, a laptop, a tablet or even a smartphone.

Top 5 reasons to go online

  1. Access – enter transactions, review reports, send invoices etc… all can be done anytime and anywhere, even if you’re in the car waiting on school run or lying in bed!
  2. Backup – there is no need to backup data; as it’s hosted in the cloud, the provider has this information stored safe and secure
  3. Support – 24/7 email and phone support with CloudAccounts123 recommended Sage One
  4. Software – always kept up to date and no more upgrades, and always HMRC compliant – keep the tax man happy!
  5. Share – Easy to share software and data, so your accountant, bookkeeper and staff can all have access if required

Fees
Fees are fixed for 12 months and are reviewed annually, and are payable by Direct Debit.

Sole Trader – Small Statement

Yearly Service Work from £15.00 +VAT p.c.m.
Using information supplied from software – I recommend Sage One Cashbook – a business Income and Expenditure Statement is prepared and agreed, information is collected for Tax Return, and the Tax Return is completed and filed with HMRC.

Quarterly Service Work from £22.00 +VAT p.c.m.
As yearly work above, but with the addition of a quarterly check on business progress and advice as necessary.

Monthly Service Work from £35.00 +VAT p.c.m.
As yearly work above, but includes monthly bookkeeping of up to 50 transactions and VAT completion if necessary. Additional transaction batches can be added.

Sole Trader – Full Accounts

Yearly Service Work from £25.00 +VAT p.c.m.
Using information supplied from software – I recommend Sage One Accounts – a set of accounts is prepared and agreed, information is collected for Tax Return, and the Tax Return is completed and filed with HMRC.

Quarterly Service Work from £32.00 +VAT p.c.m.
As yearly work above, but with the addition of a quarterly check on business progress and advice as necessary.

Monthly Service Work from £45.00 +VAT p.c.m.
As yearly work above, but includes monthly bookkeeping up to 50 transactions and VAT completion if necessary. Additional transaction batches can be added.

Partnership

Yearly Service Work from £45.00 +VAT p.c.m.
Using information supplied from software – I recommend Sage One Accounts – a set of accounts is prepared and agreed, information is collected for Partnership Tax Return, Individual Tax Returns (2 partners) and the Tax Returns are completed and filed with HMRC. Additional partners can be added.

Quarterly Service Work from £52.00 +VAT p.c.m.
As yearly work above, but with the addition of a quarterly check on business progress and advice as necessary.

Monthly Service Work from £65.00 +VAT p.c.m.
As yearly work above, but includes monthly bookkeeping of up to 50 transactions and VAT completion if necessary. Additional transaction batches can be added.

Limited Company

Yearly Service work from £62.00 +VAT p.c.m.
Using information supplied from software – I recommend Sage One Accounts Extra – a set of accounts is prepared, agreed and filed with Companies House, the company Tax Return is prepared and filed with HMRC, as are dividend vouchers, director payroll for director and directors own Tax Return. Further Payroll and Tax Returns can be added.

Quarterly Service Work from £75.00 +VAT p.c.m.
As yearly work above, but with the addition of a quarterly check on business progress and advice as necessary.

Monthly Service Work from £87.00pcm +VAT p.c.m.
As yearly work above, but includes monthly bookkeeping of up to 50 transactions and VAT completion if necessary. Additional transaction batches can be added.

Add-on Services

  • Payroll Services for up to 15 employees from only £12.00 +VAT per process
  • Tax Return from only £70.00 +VAT
  • Bookkeeping (batches of 50 transactions) from only £20.00 +VAT
  • Companies House Annual Return only £18.00 +VAT