Is £600 too much to pay accountant(also family) for tax assessment?
Resume IA
Le père de l'auteur a payé 600£ à son oncle, un comptable, pour faire sa déclaration de taxes, mais il semble que le travail ait été bâclé et que le prix soit trop élevé.
Conseil cle
Vérifier les compétences et les tarifs des comptables avant de leur confier un travail
My dad is a Private Decorator and a subcontractor and I’ve recently been trying to get his self assessment sorted. My uncle (his brother in law) is an accountant and offered to do my dad’s STA. Last year, my dad’s workplace had not handed him the right information and so his STA wasn’t completed and he was fined £1600. His employer took responsibility for their part in this and paid the fine for my dad last month. After paying the fine, they gave and printed my dad’s monthly pay, and tax details so he could do the STA correctly this year. So now my dad had his correct information for last year and this year. However, my dad only got what seems like tax back for this year. It also doesn’t seem to factor in the cost for tools and supplies he’s bought himself and it seems like my uncle has rushed the job. If you failed to complete your STA last year, and do it this year, are you ineligible for tax back, and would this describe the low amount? And is £600 too much to pay? My dad said he paid someone before my uncle £300 for it and I would like if this sub could help me understand the pricing
“Pricing really depends on location, complexity and skill of the individual completing the return. Some tax advisors charge £1,000 an hour so at £600 you’d be getting a bargain. Others who are self employed or run smaller practices can charge less than £250. There’s no one size fits all but you should be able to find someone competent who could complete a simple tax return for less than £350. Edit: just realised the £600 was to a family member who did it incorrectly… yes that’s too much. I would do my family members for free”