GBU Insights: Fee Increases from FY2014-25

GBU Insights: Fee Increases from FY2014-25

With the automation of compliance work a major concern for traditional accounting firms, it seems to have had little effect on this year’s GBU Insights data for charge out rates across the country.

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The average percentage increase on charge rates or client fees for FY2014-15 (from last year) was 4.5%.

Increasing charge rates or client fees every year is clearly the done thing, with 70.3% of firms increasing rates every year.

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According to the poll, the majority of firms will continue to increase fees by the same amount (4.7%) in 2016. This was confirmed with 29% of firms reviewing WIP but simply adding a percentage to last year’s fee.

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