WHAT'S THE DAMAGE?

WHAT'S THE DAMAGE?

 

It is unwise to pay too much, but it’s worse to pay too little.

When you pay too much, you lose a little money – that’s all. But when you pay too little, you lose everything, because the thing you bought was incapable of doing the thing it was bought to do.

The common law of business balance prevents paying a little and getting a lot – it can’t be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.

John Ruskin          

HOW MUCH DOES "PENGUIN" COST?

Let’s not be coy about it – this the is most popular page on our site, and we’re happy about that. Investing in the right accountant is crucial, and John Ruskin’s advice from 150 years ago still holds true today.

Blue Penguin costs more than your current accountant. 

But if you’re happy with them…what are you doing here? 🤷‍♂️

We’re realists: If you’re happy with the service you’re already getting, then you’re here because you want the same service for less money. Deep down, you know that’s not possible in the long run. Corners will be cut and you’ll be disappointed. And we don’t ‘do’ disappointment.

But if you’re here because your current accountant isn’t providing the service you expect, then we can help. Can you afford yet another year of not giving your business – and your livelihood – the support it deserves?

Once we’ve got a deep understanding of your business – and your personal goals – we’ll explain the services you need – and the ones you don’t. Our proposal software will produce a quote for you, broken down service-by-service, and based on the size and complexity of your operation.

None of this “tell us what you’re currently paying so we can fudge our quote” malarkey. We’re open about what great accountancy costs – see below an example of the costs of getting our team of professionals on board with you.

 

Accountancy can be dull – we know that. So we’ve created a service that’s a bit less stodgy and a bit more relaxed to deal with. So you get the support of a Chartered Accountant, without the pinstripes.

Our typical client will be turning over between £85K and £2M. They will be selling their expertise as a professional themselves, often in finance, healthcare or professional services.

We tend not to get involved with manufacturing, retail, hospitality or agricultural businesses. It’s not that we don’t love what they do…it’s just not our thing. 

I like a close relationship with my clients; if you’re looking for the annual ‘letter in the post with your accounts for signing’ type service, you’re probably in the wrong place.

Our costs are tailored to each business, but below are some pricing examples just to make sure we’re on the same page. When you’re ready to see if we’re your kind of people, book a Test Drive using the button below.

 

Turning over £1M+? we’ll handle the annual accounts, the monthly payroll, the directors’ personal taxes, plus the annual tax planning meeting

£380-510pm +vat

For a company turning over <£250K, we’ll prepare the annual accounts and corporation tax returns, and deal with your personal tax affairs too

£180-£260pm +vat

If you’re just getting started and on a tight budget, for the smallest companies we’ll tick the boxes and make sure HMRC and Companies House leave you in peace

from £90pm +vat

Self employed? If you’re turning over £90K or less and need an accountant who’s been in your shoes, you’re in the right place

£65-90pm +VAT

Partnerships are becoming more common. We’ll prepare the accounts, profit shares, and look after the partners’ tax returns too

£150-200pm +vat

Accidental Landlord? Or got a side-hustle turning over less than £30K? 

Relax…we’ve got you covered

from £37pm +VAT

Work With Blue Penguin

We don’t take ourselves too seriously (you’ve probably got that message). But we do take your finances and business success very seriously. 

So much so that, if we don’t think we’re going to be a good fit for your business, we’ll be honest – unlike many, we don’t just take on clients because they have a chequebook and a pulse…

If you like the sound of us, the next step on your journey is to book a Test Drive in my diary using the Contact widget at the bottom right of your screen. See you there! ↘️

What We Do (Like You Didn’t Already Know)

Time for the usual list of things that accountants do. You probably already know what these are. Yawn.

But if we don’t write down all our services, Google’s robots might not understand that we’re Chartered Accountants based in Taunton, Somerset. And then you might not find Blue Penguin. Which would be a shame for us both.

It’s hard to turn our ethos of taking time to understand what drives you (more free time? Ferrari on the drive? Retire early?) and building a life long relationship around that, in to a few keywords for the nice people algorithms at Google.

So stop reading this blurb, and give us a call to see why people love working with Penguin.

Management Accounts

Monthly, quarterly or half-yearly accounts highlight how your business is performing.

Keep it simple, or drill right down to the detail – it’s up to you.

Year-end accounts

A great opportunity to take stock and plan, even if you’re a sole trader and don’t legally have to.

This is the core service we provide to most clients.

Bookkeeping & VAT

No thanks. It’s really not our bag. BUT we have close relationships with local firms who offer 100% bookkeeping and are sh*t hot at it. We can deal directly with them when it comes to your year-end accounts, too.

Tax advisory and Compliance

We’ll sort out your regular personal or company tax returns. You should also think about periodic tax planning for the whole family – we can help with this.

Tax Planning and Strategy

You can do a lot more about tax savings if you have more notice. We like to meet with clients about 2-3 months before each year-end to see what we can save you.

Payroll and Pensions

Calculation of payroll, submissions to HMRC and pension providers are part of the monthly reporting cycle. Let us take care of it all. From £25pm.