Want to know how much does a contractor accountant cost in the UK? How accountants calculate and set their fees, or how much contractors should pay for contractor accountancy services? We'll explain everything in detail on this page.
Contractor accountants typically offer two types of fee models: fixed-fee accountancy services and variable fee structures. Most accountants provide their services through pre-designed packages tailored to contractors' needs. Depending on your specific requirements, you can choose a package that suits your business. Some accountants also offer customisable options, allowing contractors to select individual services. However, opting for services à la carte often results in higher costs compared to bundled packages.
Contractor accountancy fees in the UK can start from as low as £40 per month, and can go up to £250 per month and even more, depending on the services included and the accountant's experience.
Accountants who charge less are not necessarily cheap quality accountants, and similarly, accountants who charge as high as £250, are not necessarily top quality accountants. Always look for trusted and verified contractor accountants.
Always look for accountants who have experience in providing accountancy services to contractors. Fixed fee accountants are usually the best. From our experience, any fee in the range of £100 - £150 per month is reasonable.
| Accountant | Monthly Fee | Dedicated Accountant | Online Portal | Annual Accounts | VAT Returns | Personal Tax Returns | Phone/Email Support |
|---|---|---|---|---|---|---|---|
| Carter Collins & Myer | £75 | Yes | Yes | Yes | Yes | Yes | Yes |
| DASA Accountancy | £50 | Yes | Yes | Yes | Yes | Yes | Yes |
| RM Accountancy | £75 | Yes | Yes | Yes | Yes | Yes | Yes |
| Bluebird Accountancy | £75 | Yes | Yes | Yes | Yes | Yes | Yes |
| Dolan Accountancy | £105 | Yes | Yes | Yes | Yes | Yes | Yes |
| Aardvark Accounting | £76 | Yes | Yes | Yes | Yes | Yes | Yes |
| Intouch Accounting | £126 | Yes | Yes | Yes | Yes | Yes | Yes |
| SG Accounting | £109 | Yes | Yes | Yes | Yes | Yes | Yes |
| Integro Accounting | £126 | Yes | Yes | Yes | Yes | Yes | Yes |
| PaperRocket Accounting | £95 | Yes | Yes | Yes | Yes | Yes | Yes |
Typically, contractor accountants offer the following services:
| Service | Cost Per Month (Excl. VAT) |
|---|---|
| Limited Company Formation | £0-£150 |
| Registered Office Address | £10-£25 |
| Bookkeeping | £25-£400+ |
| Annual Accounts & Corporation Tax Return (CT return) | £200-£1000+ |
| Quarterly VAT Returns | £20-£250+ |
| Self-Assessment Tax Return | £75-£300+ |
| Payroll (Per Employee basis) | £10-£50+ |