At Hometopia, we understand how frustrating it can be when an accountant sends you a bill containing unexpected fees.  Our fees are transparent, competitive and we aim to provide fixed fee quotes where possible to provide you certainty. 

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In determining fees, we will undertake the following steps:

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Step 1: Initial Assessment

Our first step is to understand your financial circumstances to identify the services you require. 

 

Step 2: Fee Quotes

We will endeavour to provide you with a fixed fee quote in writing for particular services where possible.  Where a fixed fee is quoted, the fee will apply for the financial year.  If during the financial year there is a change in circumstances (e.g. increase in scope and complexity), we will be required to re-negotiate our fixed fees.  If there are no changes in circumstances, the fixed fee quotes for services generally increase by 5% in the next financial year. 

 

More often than not, our fee structure is a combination of a fixed fee and hourly rate arrangement.  Our engagement letter will cover how we charge our fees (see Step 3). 

 

Step 3: Engagement Letter  

We will issue you with our engagement letter to review & sign.  An engagement letter is a formal document outlining the scope of work to be performed, our fees, our responsibilities, your responsibilities and our terms and conditions of business. 

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