Income tax accountant fee query
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Hi guys, I just recieved my bill from the accountant company I have been using for the last few years being $891.25
This is for filing my income tax for the year.
They claim the total time spent was 9.5 hours which obviously works out at a great billable rate but I just have some questions as 10 hours seems insane for how much work I would personally estimate is needed.
I provided and filed all my GST returns myself.
I provided my accountant the spreadsheets used to file these, spanning across 3 bank accounts, every item was allocated to a spreadsheet named income, expenses etc and total for all of these items was only 500 rows.
My overall profit for the year was only 4k.
I had been winding down the business the last year and this was my final year operating, I barely did any business.
I also did de register for GST this year which they noted took 30 minutes on their end.
This was all done by a Junior.
Any accountants here have a time estimate this would roughly take, not once did I need to provide more information to assist in the process.
Thanks.