Pricing for landlord accounts
Fireraiser
Registered Posts: 91 Regular contributor ⭐
I've always priced landlord accounts at about half the price I charge sole traders and thrown in a self-assessment (that's all they're actually interested in). To be honest I've had far fewer landlord clients than I expected, but reducing the fees would make it not worth bothering with. I'm only making about £20 more than a bog-standard employment, pension and saving SA.
My last one approached me at the end of December, so as it was so close to 31/01 deadline I charged him at my sole trader rate, albeit with the SA thrown in. He bit my hand off. I wonder if I've been underselling myself?
How do your rates for small landlords, with just 1 or 2 properties, compare to your sole trader rates?
Thanks,
Fred
My last one approached me at the end of December, so as it was so close to 31/01 deadline I charged him at my sole trader rate, albeit with the SA thrown in. He bit my hand off. I wonder if I've been underselling myself?
How do your rates for small landlords, with just 1 or 2 properties, compare to your sole trader rates?
Thanks,
Fred
0
Comments
-
I used to do the same as you. Now I quote them just as I would any other sole-trader. If they want to go somewhere cheaper so be it. Rental accounts don't get me jumping out of bed and raring to go to work!0
-
deanshepherd wrote: »I used to do the same as you. Now I quote them just as I would any other sole-trader. If they want to go somewhere cheaper so be it. Rental accounts don't get me jumping out of bed and raring to go to work!
I rent a few out, its usually very simple calculations, not many entries for each house.
You should charge them the same though, rental incomes are still very high, I'll never understand why people are happy to rent, if they could get money together for a deposit..0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 325 NEW! Qualifications 2022
- 160 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 95 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 275 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 202 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 583 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership