Accountancy pricing guide 2026

Updated July 2026

Knowing what accountants actually charge makes it easier to budget — and to spot a quote that’s out of line. This guide sets out typical UK fees by service, the pricing models firms use, and what pushes the cost up or down.

Typical spend

£75 – £500 per month

Sole traders £50–£100 · small limited companies £100–£250 · VAT-registered businesses £150–£400+. A one-off self assessment return is usually £150–£400.

Accountancy services & rates

Cost depends mostly on which services you need. This table covers what UK firms typically charge for each.

ServiceWhat it coversTypical cost
BookkeepingRecording day-to-day financial data — invoicing, bank reconciliation, expenses.£25 – £50 / hr
Payroll processingRunning payroll, calculating wages, filing RTI and handling deductions.£5 – £15 / employee / mo
Self assessmentPreparing and filing a personal tax return with HMRC.£150 – £400 / return
Annual accounts & corporation taxStatutory accounts plus the CT600 return for a limited company.£600 – £1,800 / yr
VAT returnsQuarterly VAT preparation and Making Tax Digital filing.£50 – £150 / quarter
Management accountsMonthly or quarterly internal reporting used to run the business.£150 – £500 / mo
AuditIndependent statutory examination of a company’s financial statements.£4,000 – £15,000+ / yr
Tax consultingAdvice on tax planning, structuring and reliefs beyond compliance work.£100 – £250 / hr
Forensic accountingInvestigating financial records as evidence — fraud, disputes, valuations.£150 – £350 / hr
InsolvencyAdvising and administering companies in financial difficulty.£200 – £400 / hr
Trusts & estatesAccounting and tax for trusts, estates and probate.£150 – £300 / hr
Charity & non-profitCharity SORP accounts, independent examination and reporting.£800 – £3,000 / yr
R&D tax creditsPreparing and submitting research and development tax relief claims.15 – 25% of claim
CIS returnsConstruction Industry Scheme returns and subcontractor verification.£25 – £75 / mo
Company formationIncorporating a limited company and registering with HMRC.£50 – £200 one-off
Fractional finance directorPart-time senior finance leadership, typically a day or two a month.£400 – £900 / day

How much should it cost to hire an accountant?

For ongoing work, most UK small businesses land between £75 and £500 a month. For hourly work, expect £25–£50 for bookkeeping and £100–£250 for qualified tax and advisory time. A good firm gives you a fixed quote once it knows your turnover, records and deadlines — if a quote is open-ended, ask for a cap.

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Accountancy pricing models

Hourly billing

You pay for time spent. Fine for ad-hoc jobs, but the final bill is unpredictable.

Fixed fee

The most common UK model — an agreed monthly or annual price for a defined scope.

Value-based

Priced on the value delivered rather than hours, typically for advisory and tax planning.

What impacts the cost

Expertise
A chartered firm (ICAEW/ACCA) charges more than an unqualified bookkeeper — and is regulated.
Type of support
Ongoing monthly support costs more overall than a one-off return, but less per hour.
Accounting software
Firms often bundle a Xero or QuickBooks licence into the fee, or discount if you have one.
Services
Each bolt-on — payroll, VAT, management accounts — adds to the monthly figure.
Business size
More transactions, more employees and higher turnover all push the fee up.
Location
Central London practices typically charge 20–30% more than the rest of the UK.

Accounting software costs

Most firms work in cloud software, and the licence is either bundled into your fee or billed separately.

SoftwareNotesCost
XeroThe most widely supported cloud package among UK accountants.£15 – £59 / mo
QuickBooksPopular with sole traders and small limited companies.£10 – £47 / mo
Sage Business CloudLong-established, common in larger SMEs.£15 – £59 / mo
FreeAgentFree with a NatWest, RBS or Mettle business account.£0 – £33 / mo
FreshBooksInvoicing-led, suits freelancers and contractors.£12 – £30 / mo
WaveFree core accounting; you pay only for payments and payroll.Free – £16 / mo

2026 accountancy pricing by location

Typical monthly fees for a small limited company, by city.

CityTypical monthly feeCompare firms
London£150 – £400+Accountants in London
Manchester£100 – £250Accountants in Manchester
Birmingham£95 – £240Accountants in Birmingham
Leeds£90 – £230Accountants in Leeds
Bristol£100 – £250Accountants in Bristol
Glasgow£85 – £220Accountants in Glasgow
Edinburgh£95 – £240Accountants in Edinburgh
Liverpool£85 – £215Accountants in Liverpool
Cardiff£85 – £220Accountants in Cardiff
Belfast£80 – £210Accountants in Belfast

Frequently asked questions

How much does an accountant cost per month in the UK?

Most small businesses pay between £75 and £500 a month in 2026. Sole traders typically pay £50–£100, small limited companies £100–£250, and VAT-registered businesses £150–£400 or more.

How much does an accountant charge for a self assessment tax return?

Typically £150 to £400 plus VAT. A straightforward employed return sits at the lower end; self-employment, rental income, dividends or foreign earnings push it higher.

Is it cheaper to use an online accountant?

Usually — online accountants tend to charge 20–40% less than traditional high-street firms because more of the process is automated. You give up some face-to-face contact.

Do accountants charge hourly or a fixed fee?

Most UK accountants now quote a fixed monthly or annual fee. Hourly billing is mainly used for ad-hoc work, bookkeeping and advisory.

Are accountancy fees tax deductible?

Fees for business accounts, bookkeeping, payroll and VAT are normally an allowable business expense. Preparing a personal self assessment return generally is not.

Figures are typical UK market ranges for 2026, compiled from published firm fee schedules and industry guides. They are a guide only — every firm prices differently. We refine these ranges as fee data from listed firms comes in.

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