Accounting

East Midlands · England

Accountants in Bank, The, Gedling

If you run a business or have a tax return to file in Bank, The, Gedling, this page lists what we do, what it costs and when it is due. The fees are fixed and identical to those for every other place in East Midlands. We serve Bank, The remotely, which means no travel, no appointments and no premises to pay for, and we track the HMRC and Companies House deadlines so that you do not have to.

Next deadlines

  • VAT return and payment for the quarter that ended last month
  • VAT return and payment for the quarter that ended last month
  • VAT return and payment for the quarter that ended last month
  • Confirmation statement due within 14 days of your review date, at least once every 12 months

Services

What we do for Bank, The and what it costs

The eight core services below each have a page for Bank, The, Gedling; specialist and advisory services are delivered nationally and are listed further down. Every fee is fixed and confirmed in writing before work starts.

Why IGI

Working with Bank, The businesses

An online firm suits Bank, The because the things that matter in accounting, accuracy, deadlines, clear explanations and a known price, do not depend on geography. What does depend on geography is overhead, and by not carrying it we charge Bank, The, Gedling clients the published fee and nothing more, with every submission approved by you before it goes.

You stay in control of self assessment tax returns: drafts go to Bank, The clients first, with the figures explained, and nothing leaves us until you say so.

Plain English, with the numbers. Every draft for Bank, The comes with a short explanation of what the figures mean and what, if anything, you should do about them.

You get one contact for self assessment tax returns, not a queue. Bank, The, Gedling clients message the same person throughout and get an answer in working hours, usually within a few hours.

Local facts

About Bank, The, Gedling

Bank, The, Gedling sits in East Midlands. For businesses in England the tax rules are those set by the UK Parliament: the 20/40/45% income tax bands, Class 4 National Insurance for the self-employed at 6% and 2%, Corporation Tax at 19% to 25%, and Stamp Duty Land Tax on property. Business rates are set locally by the council.

Nearby places we also serve
PlaceDistanceDirection
The Bank, Gedling0.0 miN
Shelt Hill1 miE
Gedling1 miW
Lambley, East Midlands1 miS
Mapperley Plains2 miSW
Dorket Head Farm2 miW
Wicketwood Hill2 miS
Killisick Road2 miSW

All places in East Midlands · East Midlands places beginning with B

Worth knowing

Rules that affect most businesses here

CIS deductions

The Construction Industry Scheme affects both sides of a construction payment. Contractors must verify subcontractors, deduct the right amount, issue statements and file monthly, with penalties from £100 for each late return. Subcontractors suffer deductions on turnover and recover the excess at the year end. Limited company subcontractors offset deductions against PAYE monthly instead.

Confirmation statements and identity verification

Every company must file a confirmation statement at least once a year, within fourteen days of its review date, with a £50 Companies House fee. Since November 2025 directors and people with significant control must also verify their identity with Companies House, and the confirmation statement is where existing officers confirm they have done so during the transition year.

Allowable expenses

The expenses sole traders most often miss are home working costs, claimed by actual proportion or HMRC's flat rate, the business share of phone and internet, mileage at 45p for the first 10,000 business miles, and training that maintains existing skills. The ones most often claimed wrongly are commuting, entertaining customers and clothes that could be worn outside work.

Record keeping

HMRC requires records of all income and expenses, bank statements, invoices and receipts to be kept for at least five years after the 31 January filing deadline of the tax year they relate to, and companies must keep records for six years from the end of the accounting period. Digital copies are acceptable. Under Making Tax Digital the records must be kept in compatible software.

The 60-day property CGT return

Since April 2020 a gain on UK residential property must be reported and the tax paid within 60 days of completion through HMRC's dedicated service, separately from the annual return. Non-residents must report all UK land disposals in the same window whether or not tax is due. Getting the computation right first time matters because the figure is then carried into the Self Assessment.

Questions

Questions from Bank, The

Do you work with businesses in East Midlands that are not in Bank, The itself?

Yes. Every place in East Midlands has its own page on this site and the same fees apply throughout. The nearest-places list on this page links to them. Wherever in England your business is based, the service is identical because none of it depends on where you are.

What if my Bank, The business is a partnership or an LLP?

Both are covered. Partnerships need a partnership return and a Self Assessment for each partner; LLPs file accounts with Companies House under company-style rules as well. We quote a fixed fee for the set based on the number of partners or members, and the process is the same as for any other client in Bank, The, Gedling: records in, draft out, approve, filed.

Are your fees inclusive of everything?

Our fee covers the work described for the package. Companies House fees, such as £100 to incorporate or £50 for a confirmation statement, are charged separately and passed on at cost. Software subscriptions are in your own name. There is nothing else: no hourly extras, no charge for questions, and no additional year-end invoice for Bank, The, Gedling clients on monthly packages.

How quickly do you respond?

In UK working hours, usually within a few hours and always the same working day. Each Bank, The client has a named contact who knows the file. Outside working hours, WhatsApp and email messages are picked up first thing the next morning. In January and at other peak times we tell you your turnaround when you book rather than leaving you guessing.

Is self assessment tax returns in Bank, The really the same price as elsewhere?

Yes. The fee published on this page is what a client in Bank, The, Gedling pays and what a client in any other part of England pays. It is confirmed in writing before work starts and the invoice matches the quote. Where a higher package applies because your situation is more complex, we say so at the quote stage, never afterwards.

Do you have an office in Bank, The?

No. IGI Accounting is an online-only firm. We serve Bank, The, Gedling and every other UK postcode remotely, with records sent by WhatsApp or email and everything filed electronically. The absence of local premises is why the fee for self assessment tax returns is the same in Bank, The as anywhere else in the country, and why there is nothing to visit and nothing to print.

Fixed fees, filed on time, for Bank, The

Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.

WhatsApp for a fixed quote