the small print
The following is the full details from our engagement letter regarding our fees
10.1 Our fees are normally computed on the basis of the
time spent on your affairs by our partners and staff and on the levels of skill or responsibility
involved You have opted however for a monthly fee retainer to
cover your fees. Our service is a monthly
accountancy service and does not relate to particular year end accounts or tax return
preparation. Fees are charged per month and will continue to do
so until you no longer require the service.
10.2 If one tax return and/or accounts have been produced we make
the condition that you then stay with our service for a further 12 months, or payment is made for those 12
10.3 Fees paid (or due) by standing order are non refundable in any
10.4 As we have agreed fixed fees in advance, we have the
right to charge you the time on our costing records should we feel necessary. This will be discussed in full and
the reasons why and agreed with you prior to the invoice being raised.
10.5 A 10% charge will
be invoked if any invoices (if issued) that are not paid within 3 days of the invoice presentation and a
further 1% of invoice total per month (or part) thereafter. We reserve the right to collect any legal or
other debt collection fees that might occur together with statutory interest. We also reserve the right to terminate our engagement and cease acting if
the account is unduly delayed in payment. However, it is not our
intention to use these rights in a way that is unfair or unreasonable.
10.6 Should you require
further credit terms, then this can be arranged, in advance of the work or service being presented to
10.7 A surcharge of £20
will be added if full books and records are not provided to us within 7 months of your financial year end and
this will increase to £40 after 9 months.
10.8 As a driving instructor we collect our fees by
standing order. It is up to the client to cancel
standing orders if they no longer require our services. R Stride & Co can not do this as it is a standing order not a direct
standing orders that are not paid to our bank account will invoke a £5 charge where
cancellation of the service has not been advised and clause 10.6 has not been acted upon.
E.g. you still intend to be a client
10.11 Where a client ceases in self employment (and wishes us to
prepare accounts and the next tax
return) between 6th April and 30th September our monthly fees will
continue until the September payment of that year. Where the
cessation date is between 1st October and the following 5th April (and wishes us to
prepare accounts and the next tax return) our monthly fees will continue until the March payment has been
10.12 A 10% refund of fees paid (in the last 12 months or the next 12
months **) will apply for
every client that is introduced to our firm.
Please ask for further details.