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Closing a Limited Company

Discussion in 'General Forum' started by Dusk, Apr 8, 2009.

  1. Dusk

    Dusk New Member


    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
  2. johnthecoach

    johnthecoach New Member

    Hi 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!
    Freelance Coach
  3. Accounts 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.

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