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Financial Services
Price List (updated 9th February 2012)
We have a two-tier pricing structure for all VANL’s financial services as detailed below:
Payroll Service:
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Member Group |
Non-Member Group |
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Initial set- up charges |
£10 per group |
£20 per group |
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Processing charges |
£4.75 per employee per payroll run |
£7.50 per employee per payroll run |
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Submission of year-end returns to HMRC and P60s to employees |
£4.75 per employee |
£7.50 per employee |
So for a member group with three employees who are paid monthly the annual cost would be:
Initial set-up £10.00
12 payroll runs 3 x 4.75x12 £171.00
Year-end processing 3x4.75 £14.25
Total cost in year of set up £195.25
Total cost in subsequent years £185.25
Community Accountancy:
For Community Accountancy work the same chargeout rate (see below) is applied to :
- Bookkeeping services
- Year end accounts preparation
- Independent examination of accounts
- Bespoke financial training
- Internal audits for parish councils
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Chargeout rates |
Member Group |
Member Group With income below £10k per annum |
Non-Member Group |
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Time spent |
£27.50 per hour |
Discounted to £25 per hour |
£30 per hour |
A small group with income under £10,000 per year, with no restricted funds, and with accounts written up to the draft accounts stage usually only takes one or two hours to complete an Independent Examination.
Time spent (and therefore costs) increase when:
- There are a number of restricted funds/grants
- Income levels increase
- The bank is not reconciled
- The cashbook is not fully written up
- Records have been poorly maintained or are incomplete
- We need to prepare as well as check the annual accounts.
Bursary Scheme:
VANL does operate a modest bursary scheme for one-off instances where due to extreme hardship groups require an independent examination of their accounts but do not have the ability to pay. Applicants must be able to evidence such hardship. Further details are available on request.