We service four main client sectors:
- Personal Service Companies (PSCs), Freelancers and Contractors, including IR35
- Small Businesses
- Private Clients (individuals)
- Yoga Teachers – through our daughter business YogaTax
We operate a number of Fixed Fee packages which will be of interest to many potential clients. However we are a full service accounting practice, and can provide bespoke quotations for assignments falling outside of these parameters.
Personal Service Companies
We have over 25 years experience via Whitefield and predecessor practices in the PSC sector, long before it became as prominent as it is, and before the complexities of IR35.
Our PSC service covers contractors, consultants and freelancers in a variety of disciplines – IT, engineering, design, social work, accounting, legal services, strategic planning, management consulting, to name but a few. There are no particular disciplines we can’t assist.
The service isn’t restricted to people who regard themselves as contractors / freelancers, its suitable for anyone with a company predominantly supplying their own skills and experience.
Our service has flourished by focusing on maximising clients available funds in a safe and sustainable manner. We work on a fixed fee, currently £1,000 pa + vat.
For more information about our PSC service, see our PSC resources page.
The service leader at Whitefield is Susan Albest (Associate)
|✉ Send message to Susan Albest||☎ 01983 619453|
Our small business client base covers a variety of sectors, including leisure, retail, construction and development.
We are happy working with Limited Companies, LLPs, Partnerships and Sole Traders, either local to us on the Isle of Wight or further afield. We are happy to work remotely using technology rather than in person contact, and have many successful client relationships on that basis.
Our services cover annual accounts, related tax advice and compliance, and general advice and support. When requested we can undertake consultancy engagements, eg business plans, restructuring, succession planning, cash flow forecasting, strategic planning, and also advise on Company Formations and Business Set Up.
Fees are tailored to client need, but for a typical small business would be in the range of £500 – £1,500 p.a. plus vat for recurring accounting and tax services dependant on complexity and service need; we prefer to work on a monthly standing order, and all our fees are based on fixed quotes to give certainty in your cost management. Special projects are priced based on value adjusted hourly rate, again on a fixed basis.
For many small companies our PSC package referred to above provides a good value bundle of services, even if their owners wouldn’t generally consider consider themselves contractors or freelancers.
The service leader at Whitefield is Jessica Garbett (Managing Director).
|✉ Send message to Jessica Garbett||☎ 01983 614108|
Our Private Client service provides tax and accounting services to individuals – typically people with a complexity in their tax affairs such as multiple income sources, small self employments, rental income, capital asset disposals, investment portfolios or similar. This could be as simple as one additional income stream from a rented property, through to complex personal financial portfolios.
Fees are tailored to need and complexity, and are fixed in advance.
The service leader at Whitefield is Julie Barrett (Tax Manager).
|✉ Send message to Julie Barrett||☎ 01983 619452|
We specialise in looking after Yoga Teachers, as well as Pilates Teachers, Massage Therapists, Aromatherapists, Bowen Therapists, Feldenkrais Practitioners, Reiki Practitioners and any one else working in body or movement therapy. We have a daughter business for this sector, YogaTax
Fees and approach to work
Most of our work is carried out on a fixed fee basis, with the fee agreed in advance. In most cases payment is via a monthly standing order.
Our basis of quotation sheet gives an idea as to what we normally include in a fee quotation but, of course, this is tailored to personal circumstances.
Occasionally additional services and one off assignments need to be priced on a hourly rate: this will vary according to the complexity of the work in hand, but would typically be £100 to £150 per hour, plus VAT.
Fixed fee packages
We operate a number of fixed fee schemes for clients. These allow us to provide a bundle of services with predictability of cost.
Personal Service Company Service – £1,000 pa
Small Company/LLP Service – £1,000 pa
Sole Trader Service – £500 pa (upgrade available for Partnerships)
Yoga Teachers Service – £200 pa for a sole trader yoga teacher, assuming straight forward and no complications, and a range of fixed prices for companies and studios
All figures are plus VAT, and subject to stated terms – we can arrange bespoke quotations where required.