How much should an accountant cost?

[Katymac]

For a ltd company

1. to set up a a ltd company
2. to do the first years account (with an anticipated turnover of about £250K...eventually)

Thanks

KMc

I imagine it depends on the size of the business.

A friend of Dh has just started something small and he is paying £80 a month

Thanks - I was hoping that someone might know

The quote I have had is a little high in that case

Our accountant has different charges depending on what level we get our accounts to. The most expensive option is the shoebox option where you just save all your receipts etc in a shoebox. We do the next level up which is a speadsheet showing incomings and outgoings, all split into the various categories requested by the IR, if you can produce your own balence sheet it is less etc etc.