Agent fees, terms & conditions

BKC (accountants) is not registered for VAT at the present time.
Periodically, our fee’s are subject to review.
FEES

From 01/12/2013

 

 

Clients are charged for actual time spent on their records and not by a percentage of turnover.

Fees are charged at 5 minute intervals unless otherwise stated.

The amount charged will depend on the type of work done and the completeness and accuracy of the books and records provided by the client.

BOOK-KEEPING CHARGE-OUT RATE

 

TECHNICIAN CHARGE-OUT RATE

 

ACCOUNTANCY CHARGE-OUT RATE

£4.50 per 15 min
18.00 per hour

 

£2.50 per 5 min
30.00 per hour

 

£4.83 per 5 min
58.00 per hour

 

What is this?

 

 

ANNUAL RETURNS

(fixed fee)

Sole Traders / individuals - £84.00 per SA100 (including SA101 / SA103)

Partnerships - £108.00 per SA800 (including SA100 / SA104 per partner)

+£24.00 charged per partner for 3 or more partners

 

 

 

 

ALL PHONE CALLS & INITIAL 'NO OBLIGATION' CONSULTATION

 

£ F.O.C.

 

DEPOSITS

 

BILLING

 
DISCOUNTS

It is the practice of this company to request a deposit prior to commencing with any work.

The deposit required is currently £150.00 unless otherwise stated.

Exemptions are as follows:

  • Completion of Annual Returns only
  • Work estimated to be billed less than £300
  • Monthly/quarterly VAT returns
  • Regular book-keeping services only
  • Clients paying monthly, by standing order

Clients are billed upon completion of;

  • Annual company accounts
  • VAT return
  • Tax return
    Business plan/cash
  • flow/start up etc.

The bill has to be paid in full before any further work will be done. Clients who require regular book-keeping services only are billed as follows;

  • Weekly
  • Monthly

depending upon the amount of work involved.

 

 

 

Any bill, with the exception of regular book-keeping services only, may enjoy a discount of 10%(including deposit) for full payment of an invoice within 7 days.

In other words for every £100 billed, £10.00 is deducted, or for every £500 billed £50.00 is deducted.

Any client paying monthly by standing order are also entitled to the discount, provided that at least 80% of the bill has been paid at the invoice date, or within 7 days after that date.

APPOINTMENTS
PAYMENT METHODS

 

LATE PAYMENT CHARGES AND INTEREST

Unfortunately this office is not open at weekends. However, for your convenience, evening meetings can be arranged during the week as well as day time appointments.

 

We currently accept the following;

  • Cash
  • Cheque
  • Standing Order
  • Direct Banking
  • PayPal (Email address required)

TERMS ARE STRICTLY 30 DAYS NET FROM DATE OF INVOICE

 

Invoices which remain outstanding for more than 60 days after the payment due date may incurr interest and charges, unless a payment method has been agreed and strictly adhered to.

Interest is variable and will be charged monthly. Click here for current interest charges.

All administration and legal costs incurred will be charged to the client for recovery of any bad debt.

TERMINOLOGY

BOOK-KEEPING - General day-to-day book-keeping on a regular basis (IE weekly/monthly), usually at Clients premises.

TECHNICIAN - Writing up incomplete records not supplied by the client i.e.bank accounts and cash accounts, VAT returns, Custom & Excise queries and investigations, PAYE, Bank/cash reconciliation, Sales/purchase controls, General work up to Trial Balance

ACCOUNTANT - Draft & Final accounts, Tax liability, Inland Revenue queries and investigations, Cash flow forecasts, Business plans/company start-ups, Management accounts, General work in connection with Accountancy