How much are you paying your accountant ? - GoFuckYourself.com

halfpint · 01-15-2013, 01:52 PM

I mainly work offline now but I am still self employed and this year my accountant fees just went up by £30 pounds. Was paying £320 pounds per year now its gone up to £350 pounds per year. How much are you paying for your accountant or has the fees gone up as well ?

Also how many of you keep all your incomings and outgoings on computer ? or do u just use the old fashion way of paper like I do.
I only use the computer for submitting daily reports of my earnings to the company I work for which I do keep and also recieve on paper at the end of the month, my earnings from them. I also keep a record on paper of everything I have earned for each day which my accountant uses along with all the receipts ect

scottybuzz · 01-15-2013, 01:55 PM

fuck i paid £900 this year. looks like i need to find someone new.

halfpint · 01-15-2013, 01:59 PM

Quote:

Originally Posted by scottybuzz

fuck i paid £900 this year. looks like i need to find someone new.

wow are u serious that guy is ripping you off

Sly · 01-15-2013, 02:00 PM

Quote:

Originally Posted by halfpint

wow are u serious that guy is ripping you off

It's impossible to make that judgment without knowing more about his financial set up.

Dirty F · 01-15-2013, 02:01 PM

Huh? I pay 100 euros per hour.

BlackCrayon · 01-15-2013, 02:02 PM

for a one man setup, i don't see why you don't just do it yourself.

Relentless · 01-15-2013, 02:03 PM

You are much better off paying a good accountant a fair wage for his work than paying the government for the faulty work you got done 'cheaply' by a bad accountant... Accountants are like coders, "cheap" is not what you really want even if it is what you think you want. I love when idiots like H&R Block advertise they will get you the 'maximum tax refund' - I wonder where they are when you get audited and it turns out you owe penalties and fines for shortcuts they took to make you feel like they saved you money. It's your liability, not theirs, so a bad accountant is gambling with you bankrolling them... not the other way around.

halfpint · 01-15-2013, 02:12 PM

Quote:

Originally Posted by Relentless

You are much better off paying a good accountant a fair wage for his work than paying the government for the faulty work you got done 'cheaply' by a bad accountant... Accountants are like coders, "cheap" is not what you really want even if it is what you think you want. I love when idiots like H&R Block advertise they will get you the 'maximum tax refund' - I wonder where they are when you get audited and it turns out you owe penalties and fines for shortcuts they took to make you feel like they saved you money. It's your liability, not theirs, so a bad accountant is gambling with you bankrolling them... not the other way around.

you may be right this is the second year I have used him and he is a guy on his own but i end up only paying around 18% tax instead of 25% which to me is pretty good I only found him through a friend who also uses him

halfpint · 01-15-2013, 02:13 PM

Quote:

Originally Posted by BlackCrayon

for a one man setup, i don't see why you don't just do it yourself.

haha tried that online with self assement I gave up after an hour or so

Struggle4Bucks · 01-15-2013, 02:14 PM

Quote:

Originally Posted by halfpint

I mainly work offline now but I am still self employed and this year my accountant fees just went up by £30 pounds. Was paying £320 pounds per year now its gone up to £350 pounds per year. How much are you paying for your accountant or has the fees gone up as well ?

Also how many of you keep all your incomings and outgoings on computer ? or do u just use the old fashion way of paper like I do.
I only use the computer for submitting daily reports of my earnings to the company I work for which I do keep and also recieve on paper at the end of the month, my earnings from them. I also keep a record on paper of everything I have earned for each day which my accountant uses along with all the receipts ect

I pay around 350 euros every 3 months...

pornguy · 01-15-2013, 02:15 PM

Quote:

Originally Posted by Relentless

You are much better off paying a good accountant a fair wage for his work than paying the government for the faulty work you got done 'cheaply' by a bad accountant... Accountants are like coders, "cheap" is not what you really want even if it is what you think you want. I love when idiots like H&R Block advertise they will get you the 'maximum tax refund' - I wonder where they are when you get audited and it turns out you owe penalties and fines for shortcuts they took to make you feel like they saved you money. It's your liability, not theirs, so a bad accountant is gambling with you bankrolling them... not the other way around.

If they sign the prepared by, then they legally have to have a rep available in case of audit.

v4 media · 01-15-2013, 03:10 PM

I file my own returns, but I did work at an accountants for 5 years, so know what I'm doing.
Self employed, not a company so nothing complicated.

Relentless · 01-16-2013, 12:21 PM

Quote:

Originally Posted by pornguy

If they sign the prepared by, then they legally have to have a rep available in case of audit.

And YOU have to pay for any mistakes they made or chances they took that come out during the audit. You are the house... he is only the dealer. When he loses, it comes out of your bank, not his - so he can take chances and look like a genius for years until you get audited and owe for anything he did along the way while he has virtually zero liability unless he did something egregiously illegal.

Klen · 01-16-2013, 12:23 PM

0$,i do it by myself

Emil · 01-16-2013, 12:27 PM

$1500 USD... Too lazy to find a cheaper one...

Minte · 01-16-2013, 12:28 PM

The outside firm that does our compilations,yearend,proforma's...I have put someones kids through Harvard. Our internal accountants. Not as much.

Lykos · 01-16-2013, 12:36 PM

Fuck that's cheap, i pay 500 eur a month for all

mineistaken · 01-16-2013, 04:43 PM

Quote:

Originally Posted by Lykos

Fuck that's cheap, i pay 500 eur a month for all

I am pretty sure this thread is confusing because some (and OP) are talking about accountants to do their personal taxes (you know those that we - you and me do by ourselves) and you are speaking about accountant for your business.

2 different things mixed up in this thread

Webmaster Advertising · 01-16-2013, 05:00 PM

We pay our guy around $1000 a year depending on ow many of our companies he prepares the accounts for, that being said, we also use him for random financial business stuff throughout the year so he cuts us a break on his fees for tax purposes.

SilentKnight · 01-16-2013, 05:28 PM

Our accountant charges clients $800 to do their corporate year-end.

But since it's my father-in-law...he insists we pay him with a chinese food buffet meal.

Equitable trade.

RazorSharpe · 01-16-2013, 05:31 PM

Quote:

Originally Posted by pornguy

If they sign the prepared by, then they legally have to have a rep available in case of audit.

Not so in the UK. If YOU sign off on their end accounts YOU are liable for ANY penalties.

vdbucks · 01-16-2013, 05:51 PM

We use turbotax and file ourselves... Not that hard if you keep your books in order...

L-Pink · 01-16-2013, 05:55 PM

I pay $175.00 an hour. Usually 3-4 hours per quarter. Extra three to compile and file at end of year.

01-15-2013, 01:52 PM	#1
halfpint GFY's Halfpint Industry Role: Join Date: Jun 2007 Location: UK Posts: 15,223	How much are you paying your accountant ? I mainly work offline now but I am still self employed and this year my accountant fees just went up by £30 pounds. Was paying £320 pounds per year now its gone up to £350 pounds per year. How much are you paying for your accountant or has the fees gone up as well ? Also how many of you keep all your incomings and outgoings on computer ? or do u just use the old fashion way of paper like I do. I only use the computer for submitting daily reports of my earnings to the company I work for which I do keep and also recieve on paper at the end of the month, my earnings from them. I also keep a record on paper of everything I have earned for each day which my accountant uses along with all the receipts ect __________________ Get FREE website listings on Cryptocoinshops.net

01-15-2013, 01:55 PM	#2
scottybuzz Too lazy to set a custom title Industry Role: Join Date: May 2006 Location: NY Posts: 14,800	fuck i paid £900 this year. looks like i need to find someone new. __________________ $$$$$ MAKE HUGE MONEY IN CAMS - CLICK HERE $$$$$

01-15-2013, 02:02 PM	#6
BlackCrayon Too lazy to set a custom title Join Date: Jun 2003 Location: Ottawa Posts: 19,631	for a one man setup, i don't see why you don't just do it yourself. __________________ you don't know you're wearing a leash if you sit by the peg all day..

01-15-2013, 02:03 PM	#7
Relentless www.EngineFood.com Industry Role: Join Date: Aug 2006 Posts: 5,698	You are much better off paying a good accountant a fair wage for his work than paying the government for the faulty work you got done 'cheaply' by a bad accountant... Accountants are like coders, "cheap" is not what you really want even if it is what you think you want. I love when idiots like H&R Block advertise they will get you the 'maximum tax refund' - I wonder where they are when you get audited and it turns out you owe penalties and fines for shortcuts they took to make you feel like they saved you money. It's your liability, not theirs, so a bad accountant is gambling with you bankrolling them... not the other way around. __________________ Website Secure \| Engine Food ICQ# 266-942-896 Last edited by Relentless; 01-15-2013 at 02:06 PM..

01-16-2013, 12:27 PM	#15
Emil Confirmed User Join Date: Feb 2007 Location: Sweden Posts: 5,623	$1500 USD... Too lazy to find a cheaper one... __________________ Free 🅑🅘🅣🅒🅞🅘🅝🅢 Every Hour (Yes, really. Free ₿itCoins.) (Signup with ONLY your Email and Password. You can also refer people and get even more.)

01-15-2013, 02:01 PM	#5
Dirty F Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Posts: 59,204	Huh? I pay 100 euros per hour.

01-15-2013, 03:10 PM	#12
v4 media Confirmed User Industry Role: Join Date: Feb 2005 Location: Spain Posts: 2,934	I file my own returns, but I did work at an accountants for 5 years, so know what I'm doing. Self employed, not a company so nothing complicated.

01-16-2013, 12:23 PM	#14
Klen Industry Role: Join Date: Aug 2006 Location: Little Vienna Posts: 32,235	0$,i do it by myself

01-16-2013, 12:28 PM	#16
Minte Babemeister Industry Role: Join Date: Jun 2001 Location: Madison Posts: 7,081	The outside firm that does our compilations,yearend,proforma's...I have put someones kids through Harvard. Our internal accountants. Not as much.

01-16-2013, 12:36 PM	#17
Lykos Too lazy to set a custom title Industry Role: Join Date: Apr 2003 Location: World Posts: 31,017	Fuck that's cheap, i pay 500 eur a month for all __________________

01-16-2013, 05:00 PM	#19
Webmaster Advertising So Fucking Banned Join Date: Sep 2003 Posts: 1,360	We pay our guy around $1000 a year depending on ow many of our companies he prepares the accounts for, that being said, we also use him for random financial business stuff throughout the year so he cuts us a break on his fees for tax purposes.

01-16-2013, 05:28 PM	#20
SilentKnight Megan Fox's fluffer Industry Role: Join Date: Oct 2005 Location: shooting pool in Elysium Posts: 24,818	Our accountant charges clients $800 to do their corporate year-end. But since it's my father-in-law...he insists we pay him with a chinese food buffet meal. Equitable trade.

01-16-2013, 05:51 PM	#22
vdbucks Monger Cash Industry Role: Join Date: Jul 2010 Posts: 2,773	We use turbotax and file ourselves... Not that hard if you keep your books in order...

01-16-2013, 05:55 PM	#23
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,152	I pay $175.00 an hour. Usually 3-4 hours per quarter. Extra three to compile and file at end of year.