Third Option

A payment scheme for clients who do not wish to be charged on the traditional ‘time cost’ basis

Under the Third Option we give a firm commitment on the level of our fees before the preparation of your annual accounts. To enable us to quote the fixed fee we would need to review your books of account prior to quoting. The quoted fee can include all our services, including the preparation of your business accounts, preparation of tax computations for businesses, partners and directors and completion of tax returns for partners and directors, providing copies of accounts and computations and submitting them to the Inspector of Taxes. We will supply you with a letter quoting the fee and setting out very clearly what is included. We are able to offer a fixed fee package tailor-made to your specific needs.

In exchange our firm will require:

  • One third deposit before start of work
  • One third on completion of the accounts at the same time the fee note is rendered
  • The final third within thirty days of the fee note date

Provided these fees are paid in full prior to receipt of the fee account there will be a 5% discount given on the quoted fee.

All fees are subject to VAT at the rate applicable when rendering the account. Dishonoured cheques due to non -payment of accounts will be charged to the client at a rate of £25.00 + VAT. As is our normal policy, interest will be charged on any amounts not paid within thirty days currently at 1.00% for the first month and at 1.00% (cumulative) each month thereafter. Our rate of interest may be increased dependent on the bank base rate. We also charge for dishonoured cheques, as noted in our general services and fees booklets.


Flex Fees

Services not rendered under a fixed fee scheme

Unless stated otherwise, our fees are based on a time cost basis and take account of the degree of responsibility and skill involved and the time necessarily occupied on work carried out ie. you are charged at a rate applicable to the member of staff carrying out the services on your behalf.

We are always glad to give you our estimate of what we consider will be the eventual cost. However, it must be remembered that many contributing factors are outside of our control. We therefore cannot be tied down to the estimate as you are being charged on a time cost basis.

VAT will be added to all costs.


Dental Associates

Square Deal fixed fee offer for clients with a trading income as a Dental Associate with limited investment income

Basic | £555 plus VAT

This basic charge includes:

  • The preparation of the following from income schedules and expense vouchers:
    • Income and Expenditure account
    • Schedule D computations
    • Capital Allowance computation
    • Personal Tax computations showing tax payable/refundable for the tax years applicable to the accounts
  • Supplying you with a copy of the above for your retention
  • Completing current year Tax Return and submitting same to Inspector of Taxes with a covering letter

The fixed fee of £555 (plus VAT) payable in two stages, £200 before commencement of work and the balance on receipt of accounts.

Additional Charges

Bank reference, mortgage and other references

£35 (cost/letter)

Sundry necessary telephone calls

£15 (cost/call)

Back Duty (investigations)

By agreement

All quoted fees are subject to VAT at the rate applicable when rendering the account (currently 20%). Dishonored cheques (bounced) due to non payment of accounts will be charged to the client at a rate of £25.00 + VAT. As is our normal policy, interest will be charged on any amounts not paid within thirty days currently at 1% for the first month and at 1% (cumulative) each month thereafter. Our rate of interest may be increased dependent on the bank base rate.


Veterinary Surgeons

Square Deal fixed fee offer for veterinary surgeons

Basic | £555 plus VAT

This basic charge includes:

  • The preparation of the following per practitioner:
    • Income and Expenditure account
    • Schedule D computations
    • Capital Allowance computation
    • Personal Tax computations showing tax payable/refundable for the tax years applicable to the accounts
  • Supplying you with a bound copy of the above for your retention and submitting an unbound copy to the Inspector of Taxes with a covering letter.
  • Completing current year Tax Return and submitting same to Inspector of Taxes with a covering letter

The fixed fee of £555 (plus VAT) payable in two stages, £300 before commencement of work and the balance on receipt of accounts.

Additional Charges

Bank reference, mortgage and other references

£35 (cost/letter)

Sundry necessary telephone calls

£15 (cost/call)

Back Duty (investigations)

By agreement

All quoted fees are subject to VAT at the rate applicable when rendering the account (currently 20%). Dishonored cheques (bounced) due to non payment of accounts will be charged to the client at a rate of £25.00 + VAT. As is our normal policy, interest will be charged on any amounts not paid within thirty days currently at 1% for the first month and at 1% (cumulative) each month thereafter. Our rate of interest may be increased dependent on the bank base rate.


Subcontractors

Square Deal fixed fee offer for subcontractors

Standard | £255 plus VAT

This basic charge includes:

Preparation of the following from CIS Certificates, income and expense summaries (the summary must be prepared by you):

  • One meeting of a maximum of thirty minutes
  • Supplying you with personal tax computations showing tax payable or refundable for the tax years applicable to your accounts
  • Completing your personal tax return and submission to the Inspector of Taxes (no copies supplied)

The fixed fee is payable in two stages, 50% before commencement of work and 50% on receipt of the accounts and tax computations. Deposits for 2nd and subsequent years will be deducted from tax repayments as and when received.


Gold | £325 plus VAT

This gold charge includes:

  • Preparation of the following from CIS Certificates, income and expense vouchers:
    • Meeting to hand over documents
    • Income and expenditure accounts
    • Schedule D computation
    • Personal tax computations showing tax payable or refundable for the tax years applicable to your accounts
  • Completing current year Tax Return and submitting same to Inspector of Taxes with a covering letter. (Provided only, limited unearned income or capital gains.)
  • The fixed fee is payable in two stages, 50% before commencement of work and 50% on receipt of the accounts and tax computations. Deposits for 2nd and subsequent years will be deducted from tax repayments as and when received.


Information for Subcontractors - Square Deal

Additional Charges

Completing CIS Application ready for presentation to the Inspector of Taxes

£65 (cost/letter)

Bank reference, mortgage and other references

£48 (cost/letter)

Sundry necessary telephone calls

£15 (cost/call)

Back Duty (investigations)

By agreement

All quoted fees are subject to VAT at the rate applicable when rendering the account (currently 20%). Dishonored cheques (bounced) due to non payment of accounts will be charged to the client at a rate of £25.00 + VAT. As is our normal policy, interest will be charged on any amounts not paid within thirty days currently at 1% for the first month and at 1% (cumulative) each month thereafter. Our rate of interest may be increased dependent on the bank base rate.


Taxi & Hire Firms

Square Deal fixed fee offer for Black Cab, Mini Cab Drivers, Courier & Despatch Riders and Taxi & Private Hire Firms

Standard | £255 plus VAT

This basic charge includes:

Preparation of the following from CIS Certificates, income and expense summaries (the summary must be prepared by you):

  • One meeting of a maximum of thirty minutes
  • Supplying you with personal tax computations showing tax payable or refundable for the tax years applicable to your accounts
  • Completing your personal tax return and submission to the Inspector of Taxes (no copies supplied)

The fixed fee is payable in two stages, 50% before commencement of work and 50% on receipt of the accounts and tax computations. Deposits for 2nd and subsequent years will be deducted from tax repayments as and when received.


Gold | £325 plus VAT

This gold charge includes:

  • Preparation of the following from CIS Certificates, income and expense vouchers:
    • Meeting to hand over documents
    • Income and expenditure accounts
    • Schedule D computation
    • Personal tax computations showing tax payable or refundable for the tax years applicable to your accounts
  • Completing current year Tax Return and submitting same to Inspector of Taxes with a covering letter. (Provided only, limited unearned income or capital gains.)
  • The fixed fee is payable in two stages, 50% before commencement of work and 50% on receipt of the accounts and tax computations. Deposits for 2nd and subsequent years will be deducted from tax repayments as and when received.


Information for Taxi & Hire Firms - Square Deal

Additional Charges

Bank, mortgage and other references to file

£48 (cost/letter)

Sundry necessary telephone calls

£15 (cost/call)

Back Duty (investigations)

By agreement

All quoted fees are subject to VAT at the rate applicable when rendering the account (currently 20%). Dishonored cheques (bounced) due to non payment of accounts will be charged to the client at a rate of £25.00 + VAT. As is our normal policy, interest will be charged on any amounts not paid within thirty days currently at 1% for the first month and at 1% (cumulative) each month thereafter. Our rate of interest may be increased dependent on the bank base rate.