Monthly payments are based on the annual fee (12 x monthly charge) which must be paid in full by the end of your financial year. If you are part way through your financial year, the annual fee is spread over the remaining months in your financial year. If your financial year has already finished we'll issue an invoice for the full annual fee which is payable in two equal installments, a 50% deposit and the balance in full once the accounts are provided to you for approval and before they are submitted to HMRC and Companies House.