Central London · England
Accountants in Bayswater
Businesses in Bayswater 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 Bayswater 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 Bayswater and what it costs
All 26 services below are available to Bayswater clients at the published fee. Every fee is fixed and confirmed in writing before work starts.
Why IGI
Working with Bayswater businesses
An online firm suits Bayswater 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 Bayswater clients the published fee and nothing more, with every submission approved by you before it goes.
You get one contact for self assessment tax returns, not a queue. Bayswater clients message the same person throughout and get an answer in working hours, usually within a few hours.
Plain English, with the numbers. Every draft for Bayswater comes with a short explanation of what the figures mean and what, if anything, you should do about them.
You stay in control of self assessment tax returns: drafts go to Bayswater clients first, with the figures explained, and nothing leaves us until you say so.
Local facts
About Bayswater
Bayswater sits in Central London, within Westminster (Lancaster Gate ward), postcode district W2. 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 |
|---|---|---|
| Lancaster Gate | 0.1 mi | NE |
| Notting Hill Gate | 0.4 mi | SW |
| Pembridge | 0.5 mi | W |
| Westbourne Green | 0.5 mi | N |
| Campden | 0.5 mi | SW |
| Paddington, Westminster | 0.7 mi | NE |
| Westbourne, Westminster | 0.7 mi | N |
| Little Venice | 0.7 mi | NE |
All places in Central London · Central London places beginning with B
Worth knowing
Rules that affect most businesses here
Switching accountants
You can switch accountant at any point in the year. The new firm requests clearance and your records from the old one, which cannot withhold your own documents though it may hold its own working papers until its fees are settled. Agent authorisations with HMRC and Companies House are transferred, and the next deadline is picked up without a gap.
Closing a company
Striking off a company is cheap but must be done in order: stop trading, file the final accounts and CT600, pay the tax, close VAT and PAYE, distribute the remaining assets, close the bank account, then apply. Anything left in the company at dissolution passes to the Crown. Distributions up to £25,000 are taxed as capital gains; above that a formal liquidation is usually needed to keep capital treatment.
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
Watching the rolling twelve-month turnover figure is one of the quiet jobs of monthly bookkeeping, because the £90,000 VAT threshold arrives silently. Crossing it brings quarterly returns, Making Tax Digital software and a decision about schemes. Crossing it late brings a bill for VAT you could not recover from customers and a penalty for failing to notify.
Questions
Questions from Bayswater
What if my Bayswater 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 Bayswater: records in, draft out, approve, filed.
Do you work with businesses in Central London that are not in Bayswater itself?
Yes. Every place in Central London 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 Bayswater 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 Bayswater clients on monthly packages.
Do you have an office in Bayswater?
No. IGI Accounting is an online-only firm. We serve Bayswater 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 Bayswater as anywhere else in the country, and why there is nothing to visit and nothing to print.
Is self assessment tax returns in Bayswater really the same price as elsewhere?
Yes. The fee published on this page is what a client in Bayswater 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.
Ready to fix your fee in Bayswater?
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.