Small Business Accountants · Central London
Small business accountants in Baker Street, Westminster
Small business accounting for established businesses in Baker Street, Westminster: the Core package at £65 a month covers accounts, tax and bookkeeping; Complete at £125 adds VAT and payroll for up to five staff; Premium at £185 adds quarterly management accounts. Fixed, published, the same in Baker Street as in every part of England.
from £65/mo · fixed, per month
Next deadlines
- VAT return and payment for the quarter that ended last month
- PAYE and National Insurance for last month paid to HMRC (electronic)
- VAT return and payment for the quarter that ended last month
- PAYE and National Insurance for last month paid to HMRC (electronic)
Who this is for
Small Business Accountants for Baker Street
Established owner-managed businesses in Baker Street, Westminster with turnover roughly between £50,000 and £1 million: shops and cafes, trades and building firms, agencies and consultancies, workshops and small manufacturers, professional practices, franchisees, and family companies with a handful of staff, trading as sole traders, partnerships or limited companies.
What is included
Everything inside the fixed fee
- Monthly bookkeeping with bank feeds and receipt capture, reconciled and summarised each month
- Annual accounts and Corporation Tax return, or sole trader accounts and Self Assessment, prepared and filed
- Quarterly VAT returns and payroll for up to five staff in the Complete package
- Quarterly management accounts with commentary in the Premium package
- A named contact who knows your business and answers questions without a clock running
- Switching health check: a one-off review of your current setup, refunded if you join
How it works
Small Business Accountants from Baker Street, Westminster, step by step
Tell us your situation
A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.
Fixed fee in writing
You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.
Send records, review the draft
Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.
We file, you get the receipts
Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.
Why IGI
Why Baker Street businesses file with IGI
One fixed fee for small business accountants in Baker Street, Westminster, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.
Nothing for Baker Street is left to the last week. Each deadline relevant to small business accountants is tracked from the day you join, with the next four shown on every page we send you.
We serve Baker Street, Westminster remotely by design: records by WhatsApp or email, drafts back for approval, filing electronic. The saving on premises is passed to you in the fee for small business accountants.
A named person handles your small business accountants from Baker Street and knows the file, so you are not re-explaining your business to a different helpdesk each time.
We explain small business accountants in the words Baker Street, Westminster business owners use, not in accountant's shorthand, and we show our working so you can check it.
Nothing is filed for Baker Street until you have reviewed and approved it. You see the draft, you ask questions, you sign off, then we submit and send you the receipt.
Local facts
About Baker Street, Westminster
Baker Street, Westminster is in Central London, within Westminster, in the NW1 postcode district, England. Income tax in England follows the UK rates: 20% basic to £50,270, 40% higher to £125,140 and 45% additional, with the personal allowance of £12,570 tapered away above £100,000. National Insurance, VAT and Corporation Tax are UK-wide, and Stamp Duty Land Tax applies to property purchases.
| Place | Distance | Direction |
|---|---|---|
| Bryanston and Dorset Square | 0.3 mi | SW |
| Marylebone, Westminster | 0.4 mi | SE |
| Marylebone High Street | 0.4 mi | SE |
| Lisson Grove | 0.4 mi | W |
| Regent's Park | 0.5 mi | N |
| Church Street, Westminster | 0.5 mi | W |
| West End of London | 0.6 mi | S |
| Marble Arch | 0.7 mi | S |
Worth knowing
Rules that come up in this work
Dormant companies
Dormancy is a status that is easy to lose. The strict rule is no accounting transactions other than share capital and Companies House fees, which means no bank account activity at all in practice. Fees should be paid personally by the director. A company that traded and has stopped becomes dormant only after its final trading accounts and tax return are filed and HMRC is told.
The trading and property allowances
Not every small income needs a tax return. The trading allowance exempts the first £1,000 of self-employment or casual income and the property allowance does the same for rental income, each measured on gross receipts. They cannot be combined with rent-a-room relief on the same income, and claiming the allowance means giving up the expense deduction for that source.
Employer National Insurance
Employers pay National Insurance at 15% on each employee's earnings above the £5,000 secondary threshold, following the April 2025 changes. The Employment Allowance offsets up to £10,500 of this for eligible employers, which for a small team often removes the liability entirely, but companies where the director is the only employee do not qualify.
Workplace pensions and auto-enrolment
Workplace pension compliance is part of payroll, not separate from it. Each pay period the payroll assesses who is eligible, calculates employer and employee contributions on qualifying earnings between the lower and upper thresholds, and sends the contribution file to the scheme. The minimum total is 8%, and many employers choose to contribute more as a recruitment advantage.
Record keeping
Record keeping is a legal obligation with a penalty of up to £3,000 for failure, but its real value is in making every other filing cheaper and more defensible. Keep invoices, receipts, bank statements, mileage logs and any HMRC correspondence, digitally if you like, for five years after the relevant filing deadline for individuals and six years for companies and VAT.
Allowable expenses
Expense claims are where a return is won or lost in an enquiry. The test is wholly and exclusively for the trade; where a cost is mixed, the business proportion can be claimed if it can be identified. Capital items such as equipment and vans are relieved through capital allowances rather than as expenses, except under the cash basis where they are simply deducted when paid.
Crypto records and reporting
Crypto tax splits into capital gains on disposals and income on rewards, with different rates and different reporting. The £3,000 annual exempt amount and the 18% and 24% rates apply to gains; staking, mining and airdrop income is taxed at marginal income tax rates. HMRC's nudge letters to holders have increased sharply, and a voluntary disclosure before one arrives is treated far more leniently.
Questions
Small Business Accountants questions from Baker Street
Do I pay extra at year end?
No. The annual accounts and tax return are included in the monthly fee. The only additional costs are Companies House fees passed on at cost, your software subscription billed directly to you, and any separate advisory product you choose to buy.
Can my staff's payroll be weekly?
Yes. The Complete package covers payroll for up to five employees at any frequency, weekly, fortnightly or monthly, with payslips, RTI submissions, pension contributions and the monthly payment note to HMRC. Starters, leavers and statutory payments are included.
How does switching from my current accountant work?
You authorise us, we write to your current accountant for professional clearance and your records, and they are obliged to hand over your own documents. Most do within two weeks. We pick up the bookkeeping where they left off and take over the next filing. There is no charge for the switch.
Do you charge for phone calls and questions?
No. The monthly fee covers questions during the year. We would rather you ask before making a decision than pay us to unpick it afterwards. Formal advisory work, such as a tax planning review or a cash-flow forecast, is a separate fixed-fee product and we tell you when something falls into that category.
Can you handle a partnership?
Yes. Partnerships need a partnership tax return showing the profit split and each partner's own Self Assessment. The Core package covers the partnership return and bookkeeping; each partner's personal return is added at the published £129. LLPs follow company-style accounts rules and we handle those too.
What if my transaction volume is higher than the package covers?
We check the volume from your bank statements before quoting and tell you the right band. If the business grows and the volume increases, we review quarterly and adjust from the next month with notice. There is no back-charging for a busy period.
Which deadlines matter most for small business accountants?
The next four dates that apply to small business accountants are shown at the top of this page, calculated from today. For Baker Street clients we diarise every one of them from the day you join and send reminders before each, so the work is done in good time rather than in the last week before a penalty.
How do I get started from Baker Street, Westminster?
Message us on WhatsApp or email with a sentence about your business and what you need. We reply in working hours with any questions and a fixed fee for small business accountants. Once you confirm, we tell you exactly which records to send and the work begins. Most Baker Street clients are set up within a day.
Let us take the deadlines off your plate in Baker Street
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.