The first consultation is free of charge.
Every client’s needs are different and our service is individually tailored for each client, therefore the fees for the first 6 months are calculated on a time basis of £27.50 per hour. Upon request, after 6 months we can review your account and provide you with a fixed monthly fee. Your account will then be reviewed every 6 months and the monthly fee adjusted according to the amount of work we are processing. You can either return to the time based billing of £27.50 per hour or accept the new fixed fee (your account will be reconciled and any amounts owed to/by us will be included on your invoice).
Occasionally you may require bookkeeping carried out at your office, please contact us to enquire if we have availability. The rate for on-site work will attract an increased rate of £38.50/hour + travel costs.
VAT and CIS Returns
Submission of VAT returns and CIS returns to HMRC will not incur additional fees if we are engaged to handle your bookkeeping.
To register for VAT with HMRC will cost £350. (Submission of VAT returns is included within the bookkeeping fee above).
|No Employees||Weekly Payroll||Fortnightly Payroll||Monthly Payroll||Set up Fee||Year End & Issue P60’s|
|1 to 5||£16.50||£22||£27.50||From £55||£55|
|6 to 10||+ £5.25 per person||+ £5.25 per person||+ £5.25 per person||+ £2.75 per person||+ 85p per person|
|11 to 50||+ £4.55 per person||+ £4.55 per person||+ £4.55 per person||+ £1.65 per person||+ 60p per person|
|50 plus||+ £1.10 per person||+ £1.10 per person||+ £1.10 per person||+ £0.55 per person||+ 40p per person|
These rates are for emailed payslips, for printed payslips add 35p per payslip + P&P.
- New employees added to payroll, including Auto Enrolment compliance, £11 per person.
- To work out their final salary, including calculating holiday in lieu, make an employee a leaver and issue a P45, £11 per person.
Amendments to Payroll
- Amendments to payrolls, including adding new staff after a payroll has been run, will attract the fees stated above. For example, if you take on a new employee in May and do not send us their starter forms before the pay run we will be unable to include them on the payroll. If you subsequently send the forms in June we can add them to the payroll and run their pay for the May period, the cost for this will be £38.50 (£11 to add him to the payroll + £27.50 to run the payroll, provide the payslip, inform you of the tax liability and submit the FPS to HMRC).
- The preliminary work necessary to ensure you are compliant: including assessing the workforce to determine the workers status, generating statutory letters and setting up your payroll to communicate with your Pension Provider. A one off setup fee of £500 for Employers with up to 10 employees, for extra employees add £5 per person.
- Calculating contribution and sending data to Pensions Provider £1.50 per person, per run (only applicable to opted-in workers).
- Ongoing monitoring for up to 50 employees £250 per year (add £1 per person for 51+ employees).
- Completing TPR Declaration of Compliance £100.00.
Consultancy & Support
- All advice and support relating to bookkeeping or payroll that you prepare yourselves will be billed at the rate of £60.50 per hour. Minimum fee of 15 minutes per enquiry and then billed in 15 minute increments.
- Up to 2 people – £60.50 per hour
- Up to 3 people – £71.50 per hour
- Up to 4 people – £82.50 per hour
- Refreshers (after training) – £71.50 per hour
Minimum charge of 2 hours per session, tuition is billed per hour thereafter.
The training fees include travel to your office if you are based within 20 minutes of Barnes, if you are outside this travel is charged at 75p per mile from Barnes plus parking.
All fees are subject to VAT at the standard rate.