Accountants Leicester
Avonmead is an established Chartered Certified Accountancy Practice which supports clients across England and Wales with a range of accounting services from bookkeeping, tax returns, VAT returns, to back-office outsourcing. As an award-winning firm of chartered accountants, we pride ourselves on offering support services to help improve your business cash flow, as well to meet all of your financial business needs.
Founded by Birmingham born Robert Simpson in 2017, Avonmead has its offices in the heart of the Midlands. Offering an effective high value solution to your accountancy needs, we deliver timely individual advice as well innovative and accessible web based accounting which extends our services to anyone looking for chartered accountants in Leicester city centre.
How much do accountants cost in the UK?
The cost of an accountant for small business can vary, for example tax accountants handling year-end accounts and company tax returns might charge around £500 per annum for a very basic service up to several thousands of pounds depending on the specific requirements. However, it important to note, you should look to find an accountant who will provide fixed fee quotes and not just reliant on hourly rates, as costs can easily build up without you knowing and can lead to difficulties in budgeting. For example, here at Avonmead we offer a fixed monthly fee to help ensure our clients know in advance any costings, which can then be included within their monthly forecasts.
How much does it cost an accountant to do taxes?
Costs can vary for Small-Medium Enterprise (SME) accounting as it depends on some or all of the following factors;
- Whether cloud accounting software is being used. It is much more efficient if an accountant is able to access live data, as this saves time and can reduce costs.
- Your business bookkeeping processes and how complete, accurate, and up-to-date your bookkeeping records are.
- The complexities or additional requirements in certain industries – e.g. Construction Industry Scheme returns require additional submissions to HMRC and can therefore increase the cost.
Overall, it is important to assess the value which your accountant offers. For example; if you are paying an accountant to handle all compliance requirements such as accounts and tax, it may be worth considering whether you receive any advice relevant to your business to help you increase profits, reduce costs or save tax.
Should I hire an accountant for my small business?
Sole traders and small businesses are often discouraged from seeking professional advice from chartered accountants’ due to the associated costs, but a good accountant will often save you more in tax than what you will pay for their services!
Here at Avonmead though many of our clients often rely on us as their sole business advisors and chartered accountants, we are accountants in Leicester offering a wide range of affordable and fixed price services as small business accountants for Leicester.
Property Accountants Leicester
Owning a rental property(s) can be a smart investment. However, there are a lot of things to consider in terms of the tax payable on rental income. Tax on rental income can often be complicated, and so we would always recommend seeking advice from accountancy practices who offer specialised services as accountants for buy to let landlords. For example, the services we offer at Avonmead guarantees landlords the best up-to-date advice on all their tax needs.
Contact us
Speak to a qualified accountant
We understand every client's circumstances and business advisory requirements are different and welcome the opportunity to arrange a call with you or a Zoom meeting to discuss your business requirements and how we can support you to grow your business.
We will provide you with a fixed fee quotation and you will be supported by our fantastic team of UK accountants.
Our Standards
As chartered accountants, we are regulated by the ACCA (the Association of Chartered Certified Accountants), and this together with our outstanding reviews from our clients is a key measure of our high services and standards.