FEES & PACKAGES

Fees & Package Options

Click the below services for our fees and inclusions. Quoted fees are the total annual charge, we don’t add VAT.  Also we grow our business through referrals and like to reward our clients for these referrals.  For every client you refer successfully we will reduce your following year accounting fees by £50!

Compliance Services

Book Keeping

Our Book Keeping service is priced based on the expected number of transactions for the year. A transaction is counted as a Customer Invoice, Supplier Invoice, Cash Transaction or Bank Transaction. If we are to run your Book Keeping systems we do it in the most efficient way for us to extract data and perform further analysis – therefore if you subscribe to our Book Keeping service there are discounts available for some other services.

Basic Book Keeping

  • Maintenance of the Purchase Ledger (supplier invoices & payments)
  • Reconciliation to Supplier Statements
  • Weekly Payment Summaries for Suppliers
  • Maintenance of the Sales Ledger (customer invoices & payments)
  • Customer invoices created and sent out
  • Recording all Bank Transactions (eg Direct Debits, Standing Orders etc)
  • Recording all Cash Transactions
  • Reconciliation of Bank Account
  • Monthly reporting – Aged Debtors and Aged Creditors.
  • You are responsible for delivering paperwork to TW Accounting on a regular basis

    Up to 500 transactions:  £350

    Up to 750 transactions:  £510

    Up to 1500 transactions:  £1000

    Up to 3000 transactions:  £1975

    Up to 5000 transactions:  £3250

    Up to 10000 trasactions:  £6500

    Over 10000 transactions:  Call for a Quote

Enhanced Book Keeping

  • Includes the full Basic Book Keeping service plus
  • Customer Statements created and sent out
  • We will chase outstanding Customer debt
  • We will collect your paper records from you

    Up to 500 transactions:  £450

    Up to 750 transactions:  £660

    Up to 1500 transactions:  £1300

    Up to 3000 transactions:  £2575

    Up to 5000 transactions:  £4250

    Up to 10000 transactions:  £8400

    Over 10000 transactions:  Call for a Quote

VAT Compliance

  • Unlimited VAT advice
  • VAT calculated on a Quarterly Basis
  • VAT return prepared and submitted to HMRC
  • Price assumes Book Keeping is kept up to date (if not book keeping rates also apply)
  • 10% discount available if our Book Keeping service also taken

£150

 

Payroll Compliance

  • Staff Payslips
  • Starter / Leaver Forms
  • RTI Submissions
  • End of Year Reports (both staff and HMRC)
  • Advice on Salary/Dividend split for Directors
  • Unlimited Payroll Advice
Monthly Paid

Up to 3 Employees: £60 per employee

Up to 6 Employees: £52 per employee

Up to 10 Employees: £46 per employee

Up to 25 Employees:  £42 per employee

Up to 50 Employees:  £41 per employee

Over 50 Employees:  £40 per employee

Four Weekly Paid

Up to 3 Employees: £63 per employee

Up to 6 Employees: £55 per employee

Up to 10 Employees: £49 per employee

Up to 25 Employees:  £45 per employee

Up to 50 Employees:  £44 per employee

Over 50 Employees:  £43 per employee

Fortnightly Paid

Up to 3 Employees: £120 per employee

Up to 6 Employees: £100 per employee

Up to 10 Employees: £90 per employee

Up to 25 Employees:  £82 per employee

Up to 50 Employees:  £81 per employee

Over 50 Employees:  £80 per employee

Weekly Paid

Up to 3 Employees: £225 per employee

Up to 6 Employees: £195 per employee

Up to 10 Employees: £175 per employee

Up to 25 Employees:  £162 per employee

Up to 50 Employees:  £158 per employee

Over 50 Employees:  £155 per employee

 

Limited Company Self Assessment (Incl Companies House Submissions)

  • Dedicated Accountant – Unlimited help & advice
  • Full Set of Accounts (Balance Sheet and Profit & Loss)
  • Completion and Submission of Corporation Tax Return
  • Completion and Submission of up to 2 Individual Directors Self Assessment Return (£100 per additional Director above this level)
  • Completion and Submission of Abbreviated Accounts to Companies House
  • Completion and Submission of Companies House annual return
  • Recommendations & updates based on your business circumstances
  • Free guides for your business circumstances
  • Deadlines reminder service
  • 10% discount available if Book Keeping service also taken

Up to £50k sales:  £500

Up to £100k sales:  £550

Up to £200k sales:  £650

Up to £300k sales:  £750

Up to £400k sales:  £850

Up to £500k sales:  £950

Over £500k sales:  £1050

 

Sole Trader Self Assessment

  • Dedicated Accountant – Unlimited help & advice
  • Profit & Loss Account
  • Completion and Submission of HMRC Tax Return
  • Recommendations & updates based on your personal circumstances
  • Free Business guides for your personal circumstances
  • Deadlines reminder service
  • 10% discount available if Book Keeping service also taken

Up to £50k sales:  £200

Up to £100k sales:  £250

Up to £200k sales:  £350

Up to £300k sales:  £450

Up to £400k sales:  £550

Up to £500k sales:  £650

Over £500k sales:  £750

 

Partnership Self Assessment

  • Dedicated Accountant – Unlimited help & advice
  • Profit & Loss Account
  • Completion and Submission of Partnership Tax Return
  • Completion and Submission of 2 Individual Partners Self Assessment Return (£100 per Additional Partner)
  • Recommendations & updates based on your personal circumstances
  • Free Business guides for your personal circumstances
  • Deadlines reminder service
  • 10% discount available if Book Keeping service also taken

    Up to £50k sales: £350

    Up to £100k sales:  £400

    Up to £200k sales:  £500

    Up to £300k sales:  £600

    Up to £400k sales:  £700

    Up to £500k sales:  £800

    Over £500k sales:  £900

 

Value Added Services

Product/Service Pricing

  • Base cost of your products/services is calculated
  • Overheads are charged out to products so total cost can be ascertained
  • Look to market and competitors to determine acceptable selling price

    Per Product/Service:  £100

 

Product/Service Profitability Review

  • Reviews the past for the benefit of the future
  • Base cost is calculated for each product group
  • Overheads are charged out to products so total cost can be ascertained
  • Total costs are compared to income for product groups
  • Can be offered as a one-time service but regular reviews recommended
  • 10% discount available if Book Keeping service also taken

    Per Product/Service:  £150

 

Business Area Profitability Review

  • Reviews the past for the benefit of the future
  • Base cost is calculated for each business area
  • Overheads are charged out to business areas so total cost can be ascertained
  • Total costs are compared to business area income
  • Can be offered as a one-time service but regular reviews recommended
  • 10% discount available if Book Keeping service also taken

    Per Business Area:  £250

 

 

Budget & Profit Forecast Preparation

  • Plans for future profitability
  • Prior year’s activity analysed to determine pattern
  • Discussion of future plans to be incorporated
  • Budgets/forecasts (plans) prepared for separate business areas
  • Can be offered as one-time service but recommend annual reviews as part of Management Accounting service
  • 10% discount available if Book Keeping service also taken
  • 10% discount available for each additional Business area

    Each Budget Required:  £300

 

Management Accounts

  • Annual Budgets/Profit Forecasts prepared
  • Activity measured against these plans on a monthly or quarterly basis
  • Monthly/Quarterly report prepared on activity against plan
  • Monthly/Quarterly meeting to discuss activity against plan
  • Annual Product/Service Profitability review, report and meeting to discuss
  • 10% discount available if Book Keeping service also taken
    Quarterly Service

    Up to £100k sales – £480

    Up to £200k sales – £560

    Up to £300k sales – £640

    Up to £400k sales – £720

    Up to £500k sales – £800

    Over £500k sales – £1000

    Monthly Service

    Up to £100k sales – £800

    Up to £200k sales – £1040

    Up to £300k sales – £1280

    Up to £400k sales – £1520

    Up to £500k sales – £1760

    Over £500k sales – £2000

 

Cash Flow Forecasts

  • Predicts future Cash Flows
  • Calculation of Customer & Supplier payment times
  • Calculation of Stock holding times
  • Cash Flow forecast prepared for required period
  • Report on Cash Flow, highlighting any issues
  • Can be offered as one-time service but regular updates recommended

    One-off Cash Flow Forecast:  £200

    Quarterly Updates:  £150

    Monthly Updates:  £125

 

Business Planning & Advice

We offer free Business Advice to all of our clients. For Business Planning assistance please call and we can discuss your requirements and then offer you a quote.

 

Additional Services

Advice on Starting a New Business

If you’re thinking of starting a new business give us a call to discuss your plans.  We can advise you on the best legal structure and your registration requirements.  We can also provide you with numerous helpful fact sheets to help you on your journey.

We do not charge for this service – we hope you are happy with our help and look to us in the future when you are running your business for our wide range of Accounting and Book Keeping services.

Good luck in your new venture!

 

Limited Company Formation Service

  • Memorandum of Association
  • Articles of Association
  • Certificate of Incorporation
  • Share Certificates
  • Assistance with HMRC tax registrations
  • Assistance with setting up a Business Bank Account
  • Digital documents to you in 3 Hours

£35 or Free

 

Financial Systems/Processes Set-up and Training

We can set-up your Manual or Computerised Book Keeping and Accounting systems for you.  If required we will then train your staff on the use of these systems.

Advice on this matter is FREE so please call and we can discuss your requirements – once we know what you need, we can provide you with a quote.

 

Business Advice

We offer free Business Advice to all of our clients that take any of our packages on offer. For Business Planning assistance please call and we can discuss your requirements and then offer you a quote.

 

Packaged Options

Limited Company Packages

Bronze Package

  • Limited Company Self Assessment (Includes up to 2 Directors – Additional charged at £100 each)
  • VAT Compliance
  • Monthly Directors Payroll (Includes up to 2 Directors – Additional charged at £60 each)

Up to £100k sales – £780

Up to £200k sales – £870

Up to £300k sales – £970

Up to £400k sales – £1060

Up to £500k sales – £1160

Over £500k sales – £1250

Silver Package

  • Limited Company Self Assessment (Includes up to 2 Directors – Additional charged at £100 each)
  • VAT Compliance
  • Monthly Directors Payroll (Includes up to 2 Directors – Additional charged at £60 each)
  • Quarterly Management Accounts
  • Quarterly Cash Flow Forecasts

Up to £100k sales – £1760

Up to £200k sales – £1920

Up to £300k sales – £2090

Up to £400k sales – £2260

Up to £500k sales – £2420

Over £500k sales – £2700

Gold Package

  • Limited Company Self Assessment (Includes up to 2 Directors – Additional charged at £100 each)
  • VAT Compliance
  • Monthly Directors Payroll (Includes up to 2 Directors – Additional charged at £60 each)
  • Monthly Management Accounts
  • Monthly Cash Flow Forecasts

Up to £100k sales – £2890

Up to £200k sales – £3200

Up to £300k sales – £3520

Up to £400k sales – £3830

Up to £500k sales – £4140

Over £500k sales – £4460

 

Sole Trader Packages

Bronze Package

  • Sole Trader Self Assessment
  • VAT Compliance

Up to £100k sales – £380

Up to £200k sales – £480

Up to £300k sales – £570

Up to £400k sales – £670

Up to £500k sales – £760

Over £500k sales – £860

Silver Package

  • Sole Trader Self Assessment
  • VAT Compliance
  • Quarterly Management Accounts
  • Quarterly Cash Flow Forecasts

Up to £100k sales – £1370

Up to £200k sales – £1540

Up to £300k sales – £1700

Up to £400k sales – £1870

Up to £500k sales – £2040

Over £500k sales – £2310

Gold Package

  • Sole Trader Self Assessment
  • VAT Compliance
  • Monthly Management Accounts
  • Monthly Cash Flow Forecasts

Up to £100k sales – £2500

Up to £200k sales – £2810

Up to £300k sales – £3130

Up to £400k sales – £3440

Up to £500k sales – £3760

Over £500k sales – £4070

 

Partnership Packages

Bronze Package

  • Partnership Self Assessment (Includes 2 Partners – Additional charged at £100 each)
  • VAT Compliance

Up to £100k sales – £520

Up to £200k sales – £620

Up to £300k sales – £710

Up to £400k sales – £810

Up to £500k sales – £900

Over £500k sales – £1000

Silver Package

  • Partnership Self Assessment (Includes 2 Partners – Additional charged at £100 each)
  • VAT Compliance
  • Quarterly Management Accounts
  • Quarterly Cash Flow Forecasts

Up to £100k sales – £1510

Up to £200k sales – £1670

Up to £300k sales – £1840

Up to £400k sales – £2010

Up to £500k sales – £2170

Over £500k sales – £2450

Gold Package

  • Partnership Self Assessment (Includes 2 Partners – Additional charged at £100 each)
  • VAT Compliance
  • Monthly Management Accounts
  • Monthly Cash Flow Forecasts

Up to £100k sales – £2640

Up to £200k sales – £2950

Up to £300k sales – £3270

Up to £400k sales – £3580

Up to £500k sales – £3890

Over £500k sales – £4210