TYPICAL FEES FOR COMMON SERVICES
Price check your compliance services. Rate your fees.
With the market suggesting increased pressure on compliance services, it's imperative to price your common services right.
Our TYPICAL FEES FOR COMMON SERVICES REPORT highlights the average fees being charged for these services.
The Typical Fees for Common Services Report is key to confirming how your typical fees for compliance services compare to your peers and general market expectations. While you may not want to be the most expensive in town, it shouldn’t be the cheapest either.
It is amazing how often we review such data with practices only to find that they are missing the opportunity to recoup better fees from these essential services. In addition to having a positive influence on your bottom line, this data can impact upon your practice value and sale price.
This core tool is now central to many firms’ benchmarking activities.
The report reviews and illustrates:
- Minimum, average and maximum charges for:
Partnership, company, superannuation, trust and I returns, as well as superannuation set up fees and audits of both company and super funds.
- ASIC annual return fees, FBT returns as well as trust and company set-up fees.
- Data is based on location, partner number and practice gross fee size.
"Thank you for your Typical Fees Report, it was very interesting & useful."
*To be considered a participating firm data must be supplied.
A template will be e-mailed to you following your registration to outline the required data and assist with its provision.
**Reports can be purchased by firms not wishing to provide data.
Where firms elect not to return completed templates at all, a refund or transfer may be requested less a $55 handling fee. Alternately, the registration can be changed to a non-participating firm with payment of the additional sum.
Registrants acknowledge that the Typical Fees for Common Services Report is protected by copyright legislation for use solely within the office of the registered firm. Provision of this report in any form to external parties is in breach of this Act.