Carpenter (sole trader)

This client keeps a basic cashbook, records of sales invoices and files of paid purchase invoices. His turnover is approximately £70,000 per annum, and he does not reconcile his cashbook to the bank statements.

Our charges for a typical year would be: 

Preparation of his business accounts £525
Preparation of his self-assessment income tax return £175

All these figures are exclusive of VAT at the standard rate of 17.5%.