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How much should I expect to pay for accounting?

  • 23-02-2022 12:07am
    #1
    Philipmcnill
    Registered Users Posts: 24 ✭


    Hi, I started my first business. Could anyone advise how much I can expect to pay for accounting services? Is it better to use an accounting agency or a private accountant?

    This is a small business sole trader. I just don't want to be overcharged.



Comments

  • #2
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,488 Mod ✭✭✭✭Jim2007


    It will depend very much on what you want them to do....

    • Some people rock up at the end of the year with a shoebox full of documents and expect the accountant to produce everything up to and including final accounts and tax submissions. In such a case someone has to sit down and go through it, querying the client as they go along.
    • Some will come with the basic bookkeeping done and the accountant extracts the final accounts and does the tax submission
    • A few come with even the final accounts done and just want a review

    Where are you?



  • #3
    Philipmcnill
    Registered Users Posts: 24 ✭Philipmcnill


    Thanks for your answer. Im in Dublin



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