We do not time charge for specific work.
Financial Statements
As stated, we provide clients with a fixed fee quote range for the preparation of financial statements. The quote will vary depending on transaction volume, complexity and risk.
Tax Returns
We prepare both personal and business tax returns, our fees are again on a fixed fee basis. For personal returns, the charge is broken down into sections in accordance with the tax return and we charge a specific fixed fee dependant on what sections need to be completed.
Consultancy
We have two options for the consultancy work we perform:
Value:
We offer the ability for clients the option to pay a percentage of increased shareholder wealth upon completion of the project. The percentage is dependant on risk, complexity and the increase anticipated,
which typically various between 10 and 30 percent. Therefore if we do not improve your business, you do not pay.
Daily:
Our daily rate is based on the level of skill and responsibility involved in performing the work which will be clearly outlined in the scope of the contract.
Outsourced work delivered by our Resourcing Division is charged either at an agreed hourly rate or for specific projects we can agree a fixed fee for completion.
Clients using our Virtual Finance Director service usually pay either a fixed annual fee or an hourly rate. In certain cases we are able to work on a profit share arrangement, whereby our fee is directly linked to the increase in a client’s profitability.
General
We will inform clients up-front with a capped estimate of what costs they are likely to incur for all other work. What we do not want is for clients to receive fee notes and feel aggrieved that they were not made aware of the position before any work was started.
All disbursements incurred whilst performing work on behalf of clients is chargeable and payable in accordance with our terms as stated above.
