Advice Please

System
System Posts: 100,537 🤖 Admin 🤖
edited June 9 in AAT member discussion
Hi
Could anyone give their advice on how much i should charge, i currently work fulltime for a company doing there accounts,and have been asked by another local firm if i would do there accounts for a couple of hours on a saturday, i dont mind this but i dont want to undersell myself,and as yet i am not quite sure if it will be on the books or if i have to invoice them,there is a chance they will be expanding so i was thinking of charging by the hour in case one week has more work than another. I am a fully qualified accounting technician.

Any advice on how much an hour or any other info that would benefit me would be greatful :D

Thanks in advance

Comments

  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:Advice Please

    I charge £20/hr for bookkeeping, VAT & payroll and £30/hr for accounts and tax returns. The market rate is often dependent on the area where you are.
  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:Advice Please

    Don't forget to register with HMRC as s/employed (or will you be an employee?).

    If s/e then you will also need PI cover as well; and you will need to complete a tax return :lol:

    Claudia
  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:Advice Please

    I think I have been grossly undercharging :(

    My fees are £15 per hour, however the majority of my clients require sage book keeping (usually on their premises) and the VAT is charged in with the hourly rate.

    Do you think I should start charging separately for VAT?
    Siany
  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:Advice Please

    That's only £12.76 per hour ex VAT - put your rates up :lol:

    Claudia

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