How much is it going to cost?

Answer

We are fully transparent on pricing and you can see exactly what you would pay for services on the Instant Quote page. There are five compliance points/services you may need for running a UK business: Accounting, VAT, Bookkeeping, Payroll, Self Assessment.

Not all of these will be relevant for all business which is why you can select any or all of these services.

  1. Accounting | required by all business; based on your revenue
  2. Bookkeeping | required by all business; based on number orders and active marketplaces and bank accounts to reconcile
  3. VAT | required by all VAT registered business; based on your VATable revenue (exclude out of scope sales); this fee covers the additional work required to handle bookkeeping which when VAT registered has to be broken down further to account for VAT
  4. Payroll | required if you pay an individual a salary; auto-enrolment falls under this category; based on number of employees
  5. Self Assessment | if you have do submit a personal tax return

The Bookkeeping and VAT fees you will see in the calculator are charged in arrears (good for your cash flow) once the activity in the VAT/bookkeeping period is known. Accounting is charged monthly based on your estimated revenue and an adjustment is applied at year-end once your actual revenue is known to align your overall fee with 12 x the correct monthly fee.

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