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Closing a Limited Company
Hi
I've been operating as a limited company for 20 months now. I've just been lucky enough to be offered a full time position after not having any freelance work since the beginning of December.
But to my shock I have just been quoted £375 +VAT to close the company and £350 +VAT to do final end of year accounts.
This seem a awful lot and was a bit of a shock. Can anyone tell me if this seems too much.
Any advice would be welcome.
Many thanks
I've been operating as a limited company for 20 months now. I've just been lucky enough to be offered a full time position after not having any freelance work since the beginning of December.
But to my shock I have just been quoted £375 +VAT to close the company and £350 +VAT to do final end of year accounts.
This seem a awful lot and was a bit of a shock. Can anyone tell me if this seems too much.
Any advice would be welcome.
Many thanks
- Contact in PM
johnthecoach
Messages count : 14Likes count : 0Registration : 3 March 2009Hi Dusk,
I'm not an accountant, but that does seem a bit much. Definately worth shopping around. Why not call, say three local accountants to get a quote. At least you'll know if it's in the right ballpark.
All the best in your new position!
John
Freelance Coach - Contact in PM
Secure Data Destruction
Messages count : 1Likes count : 0Registration : 7 May 2009Accounts Quote Reasonable.
Hi Dusk
From experience, I think that £375 is quite reasonable. Most accountants I know won't even lift a finger for less than £1,000k. The other factor to think about is that the amount of work the accountant has to do is directly related to how tidy the books currently are.
