Accounting

South East · England

Accountants in Bassett Green

Businesses in Bassett Green use us for three reasons: the price is known in advance, the filing is done on time, and the numbers are explained in plain English. Every service listed below is available in Bassett Green at the published fee, which is the same across England. We are an online firm with UK-based staff, a named contact for each client and a rule that nothing is filed until you have approved it.

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 Bassett Green and what it costs

The eight core services below each have a page for Bassett Green; 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 Bassett Green businesses

An online firm suits Bassett Green 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 Bassett Green clients the published fee and nothing more, with every submission approved by you before it goes.

We explain self assessment tax returns in the words Bassett Green business owners use, not in accountant's shorthand, and we show our working so you can check it.

Nothing is filed for Bassett Green 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.

No hourly rate and no surprise invoice. Bassett Green clients know the fee for self assessment tax returns before they send a single document, and it stays fixed.

Local facts

About Bassett Green

Bassett Green sits in South East. 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.

Nearby places we also serve
PlaceDistanceDirection
Bassett0.2 miSE
Redhill, Southampton0.7 miSW
Hampton Park, Southampton1.0 miSE
Highfield, Southampton1.0 miS
Hut Hill1 miN
North Stoneham1 miNE
Stoneham, North1 miNE
Lordswood1 miW

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

Worth knowing

Rules that affect most businesses here

Salary versus dividends

Paying yourself from a company involves two routes with different tax treatment. Salary through payroll is a company expense and builds a National Insurance record; dividends come from post-tax profit at lower personal rates. Undocumented drawings that are neither become director's loans, with a 35.75% section 455 charge if not repaid within nine months of the year end.

Director's loan accounts

The most common tax problem in owner-managed companies is an overdrawn director's loan account: drawings taken during the year that were never declared as dividends or salary. The company faces a 35.75% charge on the balance outstanding nine months after the year end, and the director may have a benefit in kind. We review the account before every year end to clear it properly.

The VAT registration threshold

VAT registration is compulsory once taxable turnover in any rolling twelve-month period exceeds £90,000, or when you expect to exceed that in the next thirty days alone. The test is rolling, not by tax year, and includes zero-rated sales. Businesses regularly cross it without noticing, and late registration means accounting for VAT on sales where it was never charged to customers.

Corporation Tax rates and marginal relief

Companies pay Corporation Tax at 19% on profits up to £50,000 and 25% on profits over £250,000. Between those figures marginal relief applies, producing an effective rate that rises gradually and a marginal rate of 26.5% on each pound in the band. The thresholds are divided by the number of associated companies, so a director with two companies has thresholds of £25,000 and £125,000 for each.

Late filing penalties

Penalties are the clearest reason to work to deadlines. A Self Assessment return one day late costs £100 regardless of whether any tax is due; three months late adds £10 a day. Late company accounts start at £150 and reach £1,500, and double if the previous year was also late. None of this is negotiable afterwards except through a narrow reasonable-excuse appeal.

Questions

Questions from Bassett Green

What if my Bassett Green 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 Bassett Green: records in, draft out, approve, filed.

Do you work with businesses in South East that are not in Bassett Green itself?

Yes. Every place in South East 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.

How quickly do you respond?

In UK working hours, usually within a few hours and always the same working day. Each Bassett Green 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.

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 Bassett Green clients on monthly packages.

Do you have an office in Bassett Green?

No. IGI Accounting is an online-only firm. We serve Bassett Green 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 Bassett Green as anywhere else in the country, and why there is nothing to visit and nothing to print.

Is self assessment tax returns in Bassett Green really the same price as elsewhere?

Yes. The fee published on this page is what a client in Bassett Green 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.

One message from Bassett Green, one fixed price

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