[foundation-board] Accountancy proposal

Mon Aug 15 15:56:38 UTC 2011

I do not have enough experience with auditing costs to know if that is
competitive or not. Anyone else?

If not then I would suggest getting a couple of other quotes to test the
market rate.

Regards
Paula

On 14 August 2011 23:30, Jason Kitcat <jason.kitcat at okfn.org> wrote:

> Dear board
>
> I have been in conversation with Will Taylor at Lucrafts - the accountant
> Paula Le Dieu recommended. Will has been very responsive and that bodes well
> in my view.
>
> Audit is quite costly compared to standard accountancy. As you may recall
> we need to audit our accounts annually to meet the requirements of Omidyar.
>
> Will has quoted £2.5 to £3k per annum for audit, accounts and tax filings.
> Payroll would be £35 per month for up to 30 staff.
>
> Will also has some thoughts on how we might avoid corporation tax issues
> either by having another conversation with HMRC or failing that structuring
> OKF differently.
>
> What are your thoughts? Should I see some competitive quotes from other
> firms, hold fire or proceed?
>
> Many thanks,
> Jason
>
> --
> Jason Kitcat
> Project Co-ordinator
> The Open Knowledge Foundation
>
> +44 (0) 7956 886 508
>
> http://www.okfn.org
> http://twitter.com/jasonkitcat
>
>
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