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Hi All,

I have been quoted £77+VAT a month for a property accountant for the accounting of my SPV, which will hold 1 buy-to-let property (for two years). My first question, is this a good rate?

My second question is, is this value for money as I will only have one property? Or would I be best served paying a property accountant once at the end of the financial year to complete the relevant company tax documents?

Thanks in advance,

Joe

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I don’t see any value in monthly fees for a single property business unless you’re getting ongoing services such as bookkeeping or cloud accounting software. You should easily get these services for less than £1k per annum depending on the amount of advice and support you need. 

Jerome

Jerome@TaxAntics.co.uk

www.TaxAntics.co.uk
 

 

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