I pay an accountant €2500+ P/A. What should he do for me for that?
I have a medium sized business. The only service that i am recieving is simple VAT calculations every 4 months based on company earnings Vs Expenses. I could do this myself. Surely he should be saving me money somehow?
Other - Taxes - 1 Answers
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Answer 1 :
If you have to ask here 'what can I expect' you are plainly paying him for nothing .. Let me explain = an 'accountant' is a SUPPLIER (of accountancy services) .. you will find there are many competing suppliers, and you will ONLY get what you NEGOTIATE for .. I suggest you look for another supplier (and next time negotiate better - for example, write a CONTRACT which describes what services you will receive, when and for how much...) You could start by asking your current supplier what they are offering for the money you pay .. you can then ask other suppliers for more services or a lower price. Plainly (as with all suppliers) if you do part of the work yourself (such as calculating VAT on a monthly basis) you will get a cheaper price
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