I am sure this has been discussed before, but I would like some input on rates for accounting services. I feel like I just keep on getting bills for accounting...
I run a very small design firm (operating as a cc), consulting mostly at an hourly rate. I have to date provided my accountant with a complete Quickbooks file. From this financial year I have moved all accounting online to Xero.com, but essentially I am still providing all the data entry, my last set of costs have been as follows:
Financial Statements: R4750.00 (ex vat)
ITR12 submission, incl. IT34 assessment: R1050.00 (ex vat) (this was for a sole prop)
IT14 incl checking of assessment: R1250.00 (ex. vat)
Tax Query: R475.00 (ex vat) - They asked for supporting docs which I had already emailed to the accountant in a bundle, so i assume this charge is foe a rather expensive email.
I have also been quoted R670.00 (incl,. vat) to submit the Cipro return.
Do these rates sound reasonable?
Thanks in advance