Balsworth & Co.

Pricing

One monthly fee, the same all year

Plans start with the essentials for your type of business. Add bookkeeping, payroll, VAT or Making Tax Digital and the fee goes up by a published amount, never by the hour.

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Three starting points

Partnerships start at £89 a month; use the calculator below.

Sole trader

Tradespeople, freelancers and consultants filing a self-assessment return.

from £49 a month

Most sole traders pay £69 to £129 a month.

  • Year-end accounts for your business
  • Self-assessment tax return, filed by us
  • Tax bill estimate by 31 October
  • Unlimited phone and email questions
  • A named accountant who knows your file
Book a free call

Questions about this plan

Can I keep doing my own books?

Yes. Choose “you” for bookkeeping and we check your records once a quarter and fix anything before year end.

Does it cover Making Tax Digital?

Add quarterly updates for £15 a month and we submit each one for you from your records.

When will I know my tax bill?

By 31 October each year, three months before it is due.

Landlord

Individuals letting one to ten properties, including furnished holiday lets.

from £39 a month

Most landlords pay £39 to £79 a month.

  • Property income and costs account
  • Self-assessment tax return, filed by us
  • Allowable costs review every year
  • Unlimited phone and email questions
  • A named accountant who knows your file
Book a free call

Questions about this plan

Do you need my letting-agent statements?

Yes, or your bank statements if you manage the property yourself. We turn them into a property account.

What about mortgage interest?

We claim the 20% tax credit on finance costs and show you how it affects your bill.

Fee calculator

Build your own package

Change any answer and the monthly fee updates. Book a call with the quote and we will confirm it.

What kind of business?
Annual turnover, or rent received
Who does the bookkeeping?

Count directors paid a salary. £15 plus £5 a person.

Is a fixed fee cheaper than paying by the hour?

For most small businesses, yes, because the questions you would not ring about at £95 an hour are the ones that save tax.

Question Balsworth fixed fee Typical hourly accountant
How you are billed Fixed fee: The same amount every month Hourly: Time sheets, invoiced after the work
Phone and email questions Fixed fee: Included, as many as you need Hourly: Charged in 6-minute units
Knowing the cost in advance Fixed fee: Yes, agreed in writing Hourly: An estimate at best
Deadline reminders Fixed fee: Sent for every filing Hourly: Usually up to you
Tidying messy records Fixed fee: Included with bookkeeping Hourly: Extra hours at year end
Example year, limited company Fixed fee: £2,868 (£239 a month) Hourly: £3,400 to £4,200 at £95 an hour

Hourly figures are an example based on 36 to 44 hours of work a year for a small company. Your own quote will vary.

One-off work, priced up front

Anything outside your monthly fee is quoted before we start and never added to your invoice without your agreement.

  • Setting up a limited companyIncorporation, share structure, registers and bank letter £180
  • Moving from sole trader to limited companyTransfer of the trade, cessation return and first-year plan £450
  • Income and accounts letter for a mortgageUsually within five working days £95
  • Catching up more than three months of booksFixed price agreed before we start Quoted
  • Replying to an HMRC compliance checkOr covered by fee protection if you add it Quoted
  • Fee protection insuranceCovers our fees if HMRC opens an enquiry £8 a month

Get your fee confirmed on a free call

Twenty minutes, no obligation. If we are not the right fit, we will say so and suggest who might be.

Or ring 01632 960 471, Monday to Friday 8:30 to 17:30.

The meeting room at the practice, with a table, two chairs and a flip chart