Thank you for showing interest in our Fees and Services.
This page covers services for the Yoga community and others in the movement, Mind, Body and Therapy world.
For other business sectors, including business and personal taxation, and services locally on the Isle of Wight, visit our parent Whitefield Tax and Whitefields Fees and Services section.
We offer a selection of help on a Karma Yoga basis to the Yoga Community and others in the movement, Mind, Body and Therapy world
If you need further help we would love to assist. Although we are based on the Isle of Wight, we have long experience of working by phone and Internet country wide, and the kettle will be on if you are down this way and give us a call first.
Our fees for Yoga clients are discounted to our normal fee structures; however as a firm we believe in the value of our work, much the same as you undoubtedly believe in the value of yours, and to that end believe it appropriate we charge a fair and reasonable fee for what we do. We will consider cases of genuine inability to pay on merit.
Typical Fees for Ongoing Services
- Solo Yoga Teacher (or similar) – from £250+ vat per year
- Limited Company Solo Yoga Teacher – from £475+ vat per year
- Yoga Studio – from £500+vat per year
- Company Incorporation – from £194 including vat and Companies House Fees
- Bookkeeping and VAT – bespoke pricing
- Flexible Business Mentoring – bespoke pricing
If you don’t need ongoing services then:
- Our Ask an Accountant Service may be suitable – fixed price advice on an issue from £250+vat; or
- We can provide bespoke quotes for assignments falling outside of these parameters.
In 2026 the taxation environment changes significantly for Sole Traders with the introduction of Making Tax Digital (“MTD”). See below for how this might affect our services and pricing.
You can also read about:
- The Scope of our Services
- Other Services we can Provide – we are a Full Service Accounting Practice
- Our Basis of Quotation Guide – what is included and excluded from a Fixed Fee Quote
Solo Yoga Teacher (or similar) – from £250 + vat per year
Our fee varies according to the turnover of your business:
- Turnover up to £25,000 – £250 + vat per year
- Turnover up to £50,000 – £450 + vat a year
- Turnover up to £100,000 – £650+vat a year
- Turnover over £100,000 – by quotation
This is a typical year end service covering business accounts, Self Assessment return, HMRC administration and ad hoc advice:
- See Basis of Quotation Guide for full details
- Subject to Fair Use – see end of this document
- Does not include day to day bookkeeping / VAT returns, quarterly MTD submissions, accounting software or support with accounting software -we can provide these as a add on.
- Fee invoiced and payable on submission of Self Assessment. Monthly payment available. See Basis of Quotation Guide
- Within this fee we would normally be able to cover tax returns for other income streams such as employments and simple rental income
- More complex additional income streams, eg unrelated self employments, portfolios of rental properties, other complexities would attract an additional charge
- Pricing assumes basic day to day transaction records are kept by yourself via excel or a suitable accounting package
- Fee Indexation applies for the third year we have acted for you onwards.
Limited Company Solo Yoga Teacher – £475 + vat per year
Our fee varies according to the turnover of your business:
- Turnover up to £25,000 – £475 + vat per year
- Turnover up to £50,000 – £600 + vat a year
- Turnover up to £100,000 – £800 +vat a year
- Turnover over £100,000 – by quotation
This is a typical year end service covering business accounts, Self Assessment return, HMRC administration and ad hoc advice:
- See Basis of Quotation Guide for full details
- Subject to Fair Use – see end of this document
- Does not include day to day bookkeeping / VAT returns, accounting software or support with accounting software – we can provide these as a add on.
- Fee invoiced and payable on submission of Self Assessment. Monthly payment available. See Basis of Quotation Guide
- Within this fee we would normally be able to cover tax returns for other income streams such as employments and simple rental income.
- More complex additional income streams, eg unrelated self employments, portfolios of rental properties, other complexities would attract an additional charge.
- Pricing assumes basic day to day transaction records are kept by yourself via excel or a suitable accounting package
- Fee Indexation applies for the third year we have acted for you onwards
We can incorporate companies for you – typical cost £194 including vat and Companies House Fees – in doing so we are charging for the professional expertise and advice in getting your company set up and established correctly, and trouble free.
At this level quotes are bespoke to make sure our service is tailored to your needs, and the size and complexity of your business – the fee will depend on complexity and size of business, but typically would be start from:
- Sole trader from £500+vat – Accounts, Self Assessment, HMRC administration and ad hoc advice
- Partnership from £500+vat – Accounts, Partnership Self Assessment, HMRC administration and ad hoc advice
- Limited Company from £600+vat – Accounts, Corporation Tax Return CT600, directors only payroll and ad hoc advice
Quite often a two entity structure is appropriate, eg splitting training or retreats out to a separate business, and normally makes fees around 1.5 times the base to give you a good idea.
- See Basis of Quotation Guide for full details
- Subject to Fair Use – see end of this document
- Does not include day to day bookkeeping / VAT returns, quarterly MTD submissions, accounting software or support with accounting software -we can provide these as a add on.
- Fee invoiced and payable on submission of Self Assessment. Monthly payment available. See Basis of Quotation
- Fee Indexation applies for the third year we have acted for you onwards.
We can incorporate companies for you – typical cost is £194 comprising £120 professional fee, £24 vat and £50 Companies House fee. In doing so we are charging for the professional expertise and advice in getting your company set up and established correctly, and trouble free.
Day to day accounting, known, as bookkeeping, including quarterly vat returns and MTD Income Tax submissions has been the businesses responsibility, sometimes by engaging a bookkeeper, sometimes in house.
As the business taxation environment becomes more complex, particularity with Making Tax Digital some people prefer their accountant to handle day to day accounting.
We can assist offer:
- Training on using software (we recommend FreeAgent)
- A support service where you do the day to day transaction entry, and we check monthly or quarterly, and submit quarterly VAT or MTD returns.
- A full support service where you send us all your paperwork, on paper or electronically, along with giving us a bank feed, and we will do as much of your financial admin as possible.
Cost will depend on complexity and time, but as a guide:
- Quarterly check of FreeAgent and submit a VAT or MTD return – from £50 + vat / quarter
- Full support service, from £100 + vat / month upwards
- For these services all our quotes are bespoke and tailored to needs
- You need to budget for the cost of software on top of the above
Although we recommend FreeAgent we are “open platform” and will work with your choice of software and apps where possible.
We realise that some people need ad hoc advice from an accountant / tax professional without the commitment of a regular accounting service.
With this in mind we offer Ask An Accountant to provide a fixed fee service for work of this nature, with fees starting from £250+vat
Read more about Ask an Accountant
We offer Business Mentoring aimed at owners of small businesses, and those thinking of starting a small business.
This service is led by Jessica Garbett, our MD, who combines 38 years experience in accountancy with 30 years of running her own accounting practice, and more recently working as a Yoga Teacher and Yoga Therapist and running a Yoga studio – Jessica’s experience therefore makes her well placed to mentor Yoga and similar businesses.
Read more about Flexible Business Mentoring
For more detail on whats included in a fee quote see our Basis of Quotation guide.
You can also view our Terms of Business.
We are a full service firm of accountants, and can happily assist with a wide range of accounting, tax planning and business advisory issues, for businesses in all sectors and off all sizes. The Fees above are typical of straight forward cases, but we can provide bespoke pricing for other work.
Some of the things we can help with:
- Business structure
- Succession planning
- Business plans and cash flow forecasting
- Capital Taxes such as IHT and CGT
- Buying and selling businesses, mergers and other transactions
- Regular payroll, bookkeeping and vat accounting
We can provide fixed price quotes for this work.
Our hourly rates (all exclusive of vat) for non routine work are currently:
- £250 Principal/Director
- £125 Manager grade staff
- £50 Senior Technician grade staff
Generally all work is however quoted on a fixed price, and most of our clients simply pay one annual fee in line with the tariffs above.
We cover most accountancy and tax matters, however we generally do not accept engagements involving:
- Statutory audit under Companies or Charities legislation
- Accounting for groups of companies
- Tax advisory around trusts and complex estate planning
- Stamp Duty and related issues including ATED
- Share Incentive schemes and similar, eg EIS, SEIS, Employee Share Schemes
Our fixed fee packages are priced to cover the typical service level a client needs. In any given year some clients will need more support or service, others less, and our fees balance this.
However occasionally a clients service needs, or the complexity of their requirements, will go beyond that anticipated. Rather than have a long list of exceptions or small print, we operate on a fair use basis. Where services cannot be accommodated in the fixed fee:
- We will endeavour to let clients know at the start of the engagement, or if not as early as possible.
- We will avoid unreasonable suspension or withdraw of services at short notice
- We will avoid incurring any material additional charges for clients without authorisation
- We will work collaboratively with clients to resolve the issue
Under our Terms of Business, either party can cancel the contract between us with no notice.
Making Tax Digital for Income Tax
Making Tax Digital (“MTD”) already applies to VAT, and from 2026 will apply to Income Tax for Sole Traders and will require many small businesses to keep digital records and submit quarterly returns. Inevitably this will impact the services we provide our clients and their cost.
This is a major change to the accounting and taxation landscape, and details are still evolving.
Read more about Making Tax Digital for Income Tax
The staging is:
- From April 2026 sole traders and landlords with turnover or rents of £50,000 or more
- From April 2027 sole traders and landlords with turnover or rents of £30,000 or more
- From April 2028 sole traders and landlords with turnover or rents of £20,000 or more
In summary, impacted businesses will need to:
- Keep their records digitally.
- Submit quarterly updates to HMRC.
- Submit their End of Period Update (which is Self Assessment under another name) via MTD compliant software – paper and web based returns are not allowed.
As outlined above, we provide both Year End style accounting and tax services, along with upgrades for monthly or quarterly support.
If we are providing you with a Year End service, then you would need to deal with digital record keeping and quarterly submissions, and we will deal with the end of year including the End of Period Update (which mirrors the traditional Self Assessment for all practical purposes).
Many people will want more support than this, and we try and accommodate this on an individual basis with a service that matches your requirements. A suitable solution for many people will be:
- Use a cloud accounting system like FreeAgent.
- You are responsible for the day to day data entry and recording.
- We provide a periodic check and review and submission of your MTD return each quarter.
- As an add on this will, all other things being equal, be £50 + vat / quarter, so £200+vat on to annual fees.
- You need to budget for the cost of software on top of the above.
Although we recommend FreeAgent we are “open platform” and will work with your choice of software and apps where possible.
For a more comprehensive review of possible changes to Fees and Services read
Making Tax Digital for Income Tax – Position Statement on Prospective Fee and Service Changes