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Fixed Fee Accounting

Fixed-Fee, Monthly Subscription

At The Peloton we operate a fixed-fee, monthly subscription which includes accounts & tax services to keep HMRC happy, and a lot more. We like to be upfront, and so when we say ‘Fixed Fee’ we mean it, and you won’t receive any nasty surprises along the way. Prices depend on factors such as size and complexity of business, turnover, number of employees and any other services you might require. For a bespoke quote please contact us. We also like to be really clear about what’s included in your monthly subscription:

SOLE TRADER

£ 40

FROM + VAT Per MonthContact Us

PARTNERSHIPS

£ 80

FROM + VAT per MonthContact Us

LIMITED CO.

£ 122

FROM + VAT per MonthContact Us

What’s included in the monthly fee?

The knowledge and experience of Chartered Accountants

We are a firm of Chartered Accountants, which means our senior accountants have completed a minimum of three years in-depth training, passed a series of rigorous examinations in financial management, auditing, business strategy and taxation, and are committed to continuing professional development to keep their skills up to date.

It also means that our firm is bound by the ICAEW Code of Ethics and subject to disciplinary procedures.

A dedicated Account Manager

At The Peloton you’ll have your own dedicated accountant who you’ll speak directly to. We hate having to repeat ourselves and we’re sure you do too. You can expect friendly and timely responses from any of our team.

We'll deal with HMRC so you don't have to

We are your HMRC representative which basically means you can sit back and not worry about having to speak to them. We do that for you.

Xero set up, training and support (where applicable)

As a ‘Gold Partner’ of Xero we have a wealth of knowledge about this accounting software. All of our accountants are Xero certified, which means they have undertaken their training to become Xero advisors. Xero efficiently and effectively manages invoices, bank reconciliation, bookkeeping, and ultimately automates the accounting process. It’s at the core of our business and we highly recommend it’s at the centre of yours too.

As part of our fixed monthly fee our team will set you up, show you the ropes and be there for you should you have any technical questions. We also hold regular free Xero training events which are open to clients and non-clients.

Subscription and training for Receipt Bank

Receipt bank is an app that pulls information from receipts and invoices quickly, accurately, and efficiently. It also talks directly to Xero. We include it as standard because, quite frankly, no-one should be without it.

A 'tech' review of your business

When you join us we’ll take a look at which Xero apps could most benefit your business and give you some recommendations. We have our favourites which we use ourselves, but we also have a wealth of recommendations from our clients across a wide range of industries.

We pay your Companies House filing fees

It costs money to file accounts with the government and some accountants will charge this as an ‘extra’. At The Peloton this is covered as part of your monthly fee.

No extra charges for giving us a call or popping in

At The Peloton we mean fixed fee when we say it. So if you have a query relating to an accounting service that we carry out for you then you don’t need to worry about receiving an unexpected bill. Please note this is subject to a generous fair use policy and should you be close to exceeding this we will give you plenty of warning.

Efficiency and security

We are a virtually paperless office at The Peloton and where there’s a more efficient way to do something, we’re all over it. So with us you can expect e-signing, automatic SMS and email reminders and access to an online digital vault to securely store all documents. We also send all of our paperwork via a secure online portal.

Automatic reminders

We will send you automatic reminders via SMS and email of things you need to do, meaning you’ll have plenty of time to do them and won’t receive any nasty HMRC fines.