ubiquitous
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two similar businesses , one in the UK and one in Ireland, both with similar turnovers and working in the same types of business
Look at two similar businesses , one in the UK and one in Ireland, both with similar tiurnovers and working in the same types of business, and you will find the Irish business having to pay much more money just to get his books done by the accountant, just to keep the revenue happy etc. An example of 4500 euro versus £ 2000 stg ( about € 2500 ) springs to mind. Nearly double.
Someone posted a query on AAM a few months ago where they imported a wedding dress from NY, and got caught for the VAT and duty in Ireland. They said that once they paid he VAT & duty, there was little or no saving.
So it's the government ripping us off instead of the wedding dress shop. This makes it more of a rip off because you can't shop around.Someone posted a query on AAM a few months ago where they imported a wedding dress from NY, and got caught for the VAT and duty in Ireland. They said that once they paid he VAT & duty, there was little or no saving.
I don't think VAT & Duty would come to €1,000. Alot of brides on www.weddingsonline.ie state that they buy their dresses from the USA.
Do they follow the exact same book keeping format?
Do they have the exact same number of staff?
Do they both make the exact same number of calls to their accountant during the year
The Irish business owner did indeed endevour / shop around to get the cheapest accountancy fees. However, he is not willing ( yet ! ) to get his books done abroad, as he feels foreign firms may not be accessable / be knowledgeable about the Irish tax system etc. The Irish business owner knows from chatting to others with similar businesses in Ireland that that is what accountants charge in Ireland. Over the years , at trade shows and various other meetings, he has met a number of people with similar size shops in the UK, all of whom pay nearly half for their accountancy services. The UK people cannot get their heads around how expensive outgoings like accountants are in Ireland. Shure who can blame them. Rip off Republic, just like dentists fees, car prices etc.
on average , Yes.
This thread?maybe she was exaggerating. The AAM search facility might uncover the thread for you, if you're interested.
This thread?
This thread?
Nobody - except you - mentioned any N.I. firms. The UK firms mentioned were from "the mainland". It is there that the examples of accountancy fees being quite a bit cheaper than in Ireland, were found. Shure why would they not be, when accountants there do not have to pay a fortune on cars, on dentists etc. Maybe half the accountants there also do not have section 23 investments, holiday homes etc dotted all around the place.lolI have never heard until today that accountancy fees charged by NI firms are half of what are charged by ROI firms.
Nobody - except you - mentioned any N.I. firms. The UK firms mentioned were from "the mainland". It is there that the examples of accountancy fees being quite a bit cheaper than in Ireland, were found. Shure why would they not be, when accountants there do not have to pay a fortune on cars, on dentists etc.
What about the other half that don't (including poor little meMaybe half the accountants there also do not have section 23 investments, holiday homes etc dotted all around the place.lol
Your first mention of "the mainland" was in your last post. Onve again we are supposed to be psychic. You seem to be saying now that firms in NI charge double of what firms in GB charge.
I do not know much about accountancy firms in N. Ireland or what they charge.
Bottom line in the accountancy game is if u want to use the big 4 you’ll pay accordingly, use smaller firms and the fee will (generally) be smaller!
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