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?
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.
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 we know will benefit your business. Our proposal software will produce a quote for you, broken down service-by-service so you can make sure you get everything you need from us – and nothing you don’t.
None of this “let’s see what you’re currently paying” or “we’ll send you a quote in the post next week” malarkey.
We’re open about what great accountancy costs – see below an example of the costs of getting the 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
£170-£250pm +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 £85pm +vat
Self employed? If you’re going it alone, turning over £85K or less and need an accountant who’s been in your shoes, you’re in the right place
£60-90pm +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
£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 a lot of accountancy firms, we don’t just take on clients because they have a chequebook and a pulse…
If you like the sound of us from our website, the next step on your journey is to book a Test Drive in my diary using the Contact widget at the bottom 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.