Donate SIGN UP

cost of an accountant

Avatar Image
mandimoo | 22:10 Fri 06th Feb 2009 | Business & Finance
6 Answers
how much would it cost me to get an accountant to do my tax return? i am taxed PAYE for my job, i earn an income from renting a property and have savings in an isa, also some not in an isa and hardly any in my current account. ive looked at the tax return and its hurt my head just skimming over it!
Gravatar

Answers

1 to 6 of 6rss feed

Best Answer

No best answer has yet been selected by mandimoo. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
dont know havent had a bill yet!
I know when I was self employed, for my very first tax return I made an appointment at my local tax office
Free help although they will not fill out your form for you they will tell you what goes where and you can pencil it all in on the form
I know when I looked at the form it looked like I could never fill it out, but I didn't have to fill out every page, only what was relevant to me. It may be that you only have to fill in a couple of the pages relating to your other income
Maybe give them a call? Can't hurt can it?
Good luck
There's no answer to that. Or at least there's several hundred answers to it.

Depends where in the country you live and what level of qualification the "accountant" you go to has.

What you describe is an extremely basic tax return and, based in South Scotland we'd charge you about �100 for it probably (though I'm not in the tax department so not certain). I expect a Chartered Accountant in London would want a lot more to do it though.

pink kittens advice is sound though. The tax office will help you with advice on how to complete it and the detail you appear to need is very easy. isa interest is exempt from tax incidentally. It doesn't go on your tax return at all.
if your PAYE you're already being taxed. ISAs etc would have been purchased on net income.

Why do you think you need to pay more tax?
Income from renting a property.
Read the question.
Ring HM Revenue & Customs self assessment helpline on 0845 9000 444 or look at the this http://www.hmrc.gov.uk/sa/index.htm , or here http://www.hmrc.gov.uk/bst/ there is a ton of FREE information and help out there. Remember if you rent property you may be regarded as self employed too! Which means you could be legally liable to pay Class 2 National Insurance in addition to the National Insurance you pay as an employee.
Another good site below....
http://www.businesslink.gov.uk/bdotg/action/ho me?furlname=mkt1_home&furlparam=mkt1_home&ref= http%3A//www.hmrc.gov.uk/bst/&domain=www.busin esslink.gov.uk

1 to 6 of 6rss feed

Do you know the answer?

cost of an accountant

Answer Question >>