With the seasonality of self-assessment billing hitting its peak, Accountancy Practices are being alerted to a fee payment option from Premium Credit, which allows their clients to pay Accountancy Fees more easily.

Fee Plan from Premium Credit is a simple way to make Accountancy firm cash flow more predictable. It’s a payment smoothing solution for their clients, which enables Professional Fees to be paid in full to Accountancy firms, whilst providing the ability for the client to spread the cost of those fees over monthly payments. They can choose to pay over 3, 4, 6, 8, 10 or 12 months.

Accountancy firms using the Fee Plan product also gain exclusive access to Premium Credit’s popular Tax Funding service, enabling the Practice to spread the cost of their own tax bills for a small fee.

Independent research from Premium Credit shows, that in response to growing financial pressure on businesses, Practices are increasingly allowing clients to spread the costs of their fees. The study found more than two out of three firms (68%), allow some clients to pay fees monthly or over an extended period of time.

Nigel Stewart, Sales Director, Professions, Premium Credit (Specialist Finance) said: “Substantial numbers of Accountancy firms are now offering or are considering offering payment plans. It makes sense as it ensures clients pay their invoices on time as well as spreading the cost for the client, improving cash flow for all parties. It’s a service that is free to Accountancy firms with the administrative burden handled by us.”

Paying monthly with Premium Credit is a simple, straightforward, cost-effective process supporting Accountancy firms and their clients in creating opportunities through convenient payments.

For more information visit: https://www.premiumcredit.com/products/accountancy-fees
Tel 01372 746 073; Email accountancy@pcl.co.uk