One of the most common questions people ask is, “How much do accountants charge for tax returns and self-assessment?” The answer can vary depending on your situation.
Some people only need help with one source of income, while others may have self-employed work, rental properties, or investments. Each case is different, and that’s why accountant fees can change from person to person.
If your financial affairs are simple, the cost for a self-assessment tax return may start from £150. But if you have capital gains, multiple income sources, or run a limited company, you may pay up to £300 or more.
A good accountant will give you clear pricing and explain what you’re getting. Many offer a fixed monthly fee, while others charge a one-off fee during tax season.
Understanding the value of expert help
Filing a self-assessment tax return might seem simple, but small mistakes can lead to HMRC penalties. A qualified accountant can help avoid those problems and ensure everything is done right.
Many people also find unexpected tax savings when they hire a professional, sometimes even more than the actual fee they pay.
Why Accountants Charge for Tax Returns
Accountants charge for tax returns because they provide expert knowledge, accuracy, and compliance with current tax laws, ensuring your returns are filed correctly and efficiently. Whether you’re self-employed, a landlord, or managing multiple income sources, their services help minimise tax liability, identify allowable expenses, and avoid costly mistakes or penalties. The fee reflects not just the time and effort involved but also the long-term financial benefits of proper tax planning and peace of mind during tax season.
What affects the cost?
There are a few things that influence how much you pay for self-assessment. If you’re employed but also self-employed, the return becomes more complicated, raising the cost.
Owning rental properties or earning from shares and funds also means more work and more detail for your accountant to handle.
Having pensions or income from abroad will also increase the time and cost involved in preparing your return.
The importance of business structure
Whether you’re a sole trader, part of a partnership, or own a limited company, your structure affects your accountant’s workload and how accountants charge for tax returns, as complexity often influences pricing.
For example, submitting annual accounts for a company with a turnover of £100,000 will require more time than filing a simple sole trader return.
Because of this, fees are always tailored to the level of service needed.
Individual services or full packages?
Some clients want full packages that include:
- Bookkeeping
- VAT returns
- Payroll services
- Director’s tax return
- Help with IR35
Others prefer to only pay for the services they need. This flexibility helps clients control their costs based on what’s most important to them.
Typical fees and what’s included
Depending on your needs, you might pay:
- £150 to £300 for a self-assessment tax return
- £35 to £60 per hour for general accounting services
- £100 to £300 per hour for expert tax planning
- £1,000 to £5,000 monthly for part-time CFO services
Additional support, like record keeping, business consultancy services, and financial planning, is also available if needed.
Location matters
Your location can influence the price. People in cities like London, Manchester, or Birmingham may face higher fees due to demand and operating costs.
But with remote services now widely available, you don’t have to limit yourself to local options. Many firms provide affordable options no matter where you live, and it’s helpful to compare how accountants charge for tax returns to find the best value for your needs.
Why hiring a professional matters
A professional accountant does more than just file your return. They help you understand your full financial picture and show you legal ways to reduce your tax bill.
Some people even discover they’ve overpaid in the past and can claim refunds, just by hiring someone who understands the rules.
Support during HMRC enquiries
If HMRC contacts you about your return, a good accountant will manage the situation for you. They’ll handle communication, paperwork, and any questions from the tax office. It’s also worth understanding how accountants charge for tax returns, as this support is often included in their service fees.
This kind of support can be a huge relief, especially if you’re unsure how to respond yourself.
Ongoing services throughout the year
In addition to returns, many clients ask for help with:
- Year-round bookkeeping
- Quarterly VAT returns
- Monthly payroll services
These can all be bundled together or paid for separately, depending on your preferences.
Paying Your Way: Understanding What Accountants Charge for Tax Returns
You can choose how to pay for your services:
- A fixed amount every month
- By the hour
- As a one-off fee
Each payment method suits different needs. Strategies for small Business owners often prefer fixed fees, while individuals might go for a one-time payment.
Qualifications and experience
Not all accountants are the same. A Chartered accountant may charge more than a Certified accountant, but they often bring deeper knowledge and experience. It’s essential to understand how accountants charge for tax returns, as the pricing often reflects their qualifications, expertise, and the quality of service they provide.
It’s important to find someone with the right background for your specific situation.
Planning can save you money
Proper tax planning before the end of the tax year can make a big difference. We help clients take advantage of:
- Pension contributions
- Charitable donations
- Smart timing of income or expenses
All of these can legally reduce your taxable income.
Helping your business grow
Beyond tax filing, some people look for help with business planning advice, future goals, and financial forecasting.
These services are available to anyone who wants to make better business decisions.
Cost breakdown examples
Here are some sample fees for common services:
- Annual accounts submission:
- £200 – £350 for businesses with £20,000 to £30,000 in turnover
- £450 for those with £100,000 to £130,000
- £600 for larger firms with £250,000 to £300,000 in turnover
- Partnership tax return:
- From £200 – £650, depending on complexity
- Payroll services:
- Up to 25 employees: £150/month
- Up to 50: £250/month
- Up to 100: £500/month
- Self-assessment tax returns: £150 – £300
Choosing the right support
It’s not always about finding the cheapest service. It’s about finding the right support that will guide you through the process and protect your financial interests, especially when considering how accountants charge for tax returns and the value they bring to ensuring accuracy and compliance.
A low fee might save money up front, but could lead to bigger problems later if the work is not done properly.
Real support, real results
Many people come to us after trying to handle taxes themselves or hiring someone unqualified. We help them correct past mistakes and put them on the right track moving forward.
Sometimes that means helping them recover lost refunds or correcting an old capital gains error.
Why do we stand out
Our firm, Accounting and Tax Associates Ltd, is known for honest pricing and personalised advice. We don’t believe in hidden charges or complicated terms.
Clients get upfront quotes and know exactly what they’re paying for before any work begins.
We focus on people, not just paperwork, and that’s why our clients trust us year after year.
Whether you’re filing your first return or need full support for your business, Accounting and Tax Associates Ltd is ready to help.
