FAQs
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At Bernard we’ve always believed that you must have the right people in our team to service our clients. The only way to ensure this is to find the best people and either employ them or partner with them.
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We know that one of the key challenges for businesses is cash flow management. One of the ways we can help our clients is to bill by the month instead of an annual bill.
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We want to make fees as affordable as possible which is why our main fee structure is a monthly subscription. To explain how this works let me take you through our 3 types of work and how we structure your fees.
Work that is done for you each month such as monthly reporting, BAS and bookkeeping. For this your fees are monthly.
Work that is done for you annually such as individual, sole trader, company and trust tax returns. For this your fees are also monthly. However, because this work is done annually and we work to an accounting calendar year which is 1st October to 30th September we need to account for the work from the moment you join us to the end of the accounting year and then beyond that point.
And, one off pieces of work such a company, trust and SMSF set ups. These pieces of work are billed as one off fees.
Here’s an example that makes it easy to see how our fee structure works. Let’s say you would like us to do your individual tax return $375 plus GST and set up a company structure $1,600 plus GST. And, you join us on the 15th July here is how this would look.
For your individual tax return you would pay $125 plus GST each month (July, August and September). Then once you reach October it would then be $31.25 each month.
To set up your company structure it would be $1,600 plus GST when you join us.