How much should contractors pay in Accountancy Fees?
That depends on what services they require from an Accountant. Some contractors want to do all their own book keeping to cut their costs.
Others want to concentrate on contracting and are happy for the Accounting firm to pick up all the book keeping work.
Vat Returns and Contractors
It’s the same with VAT.
Some contractors want to do their own VAT returns while others are happy to leave it to their Accountant.
Accountants’ Fees vary according to the service required and it also depends on indivdual accountants.
Contractors should, therefore, shop around to get the best prices and service. Here are some advice articles.