What we will your help cost me?
Cost will of course be a major factor for you. Our fee structure has no hidden extras, no catches and we don't try and sell you services you don't need . We give you one, low cost, fixed fee for your required service and that's the fee you pay.
We're able to provide a low cost service because we don't operate in the same way as traditional High Street accountants or ginormous firms occupying huge office blocks..
By streamlining our communication and work-flow procedures and utilising up–to-date computer software , we've developed a highly efficient system that enables us to offer our services without the need for swanky offices or constant meetings, making it easy for you to work with us and keeping our costs down.
We specialise in providing services for property owners (landlords), self-employed people and self-assessment taxpayers. And as a result, we have systems specifically tailored to such people.
If to assist with your tax issues we can't help you within our set fee structures, we'll tell you.
There is no obligation for you to sign a contract with us. We offer a yearly service. If at any time you are unhappy with our service, you are in no way obligated to us. You can just walk away. However very few of our clients have ever walked away – lots of them have used TAXMATES for many years!
But please be aware that to keep fee levels low we rely on your co-operation to supply information when we ask for it. We cannot provide an efficient and cheap service if we have to constantly badger you for information. Our service relies on good faith from both parties.
Working out your expected fee
You can work out your fee (or at least arrive at an estimation of it) from the scale below. But to obtain confirmation you may wish to provide (by email or by telephoning) more information about your financial circumstances. We will then let you have a written confirmation of the fee before we do any work for you.
Fixed Fee Tax Services Scale
All tax service packages are on a fixed fee basis, so you will always know in advance how much the service to you will cost. The fee covers all letters, phone calls, tax advice and work for each tax year and the same will apply for subsequent years (subject of course to any general fee increase in subsequent years because of new extra work or inflation).
Our basic fee scale is as follows:
Retired or Semi-Retired People. Basic fee £50.
This covers the tax return including two sources of pension income.
If you also have earnings from self-employment or employment ask us for a quote please.
If you have additional sources of income which are not self-employment or employment income add £5 per source to the basic £50.
Standard Property Rental Tax Return Service: £85 (after tax relief)
This applies to people who have one employment and who are receiving rental income from a single property. You pay us £106 and get tax relief of £21 so your net cost is £85
If you rent out more than one property add £15 per additional property.
If you have sources of income other than your main source and rental income add £5 per each source.
Self-employed Person Tax Return service £99 (after tax relief)
This is for self-employed people with one source of earnings who are able to do their own book-keeping using the simple standard format we will supply. You pay us £124 and get tax relief of £25 so your net cost is £99.
If you rent out property add £15 per property.
If you have sources of income other than your main source add £5 per source.
Self-employed Person Tax Return Service £125 (after tax relief)
This is for self-employed people with one source of earnings who do not use our standard book-keeping format. You pay us £156 and get tax relief of £31 so your net cost is £125.
If you rent out property add £15 per property.
If you have sources of income other than your main source add £5 per source.
Anyone outside the above categories. Basic fee £60
This covers the tax return and tax return entries relating to one source of employment income.
Add £5 for each source of income additional to your main employment income.
Tax Refund Service (no win, no fee basis)
If we do not succeed in getting a refund we do not charge a fee. If however a refund does result from our work we charge 30p for every £1 of the refund.
People leaving and returning to the UK. Fee £75
For advising and obtaining clearance from the UK tax authorities we charge £75.
If completion of a tax return is needed as part of this process please see our tariff above which will be added.
People with a temporary tax problem £50 to £100
You will need to give us some details and ask us to quote.