Accounting

East of England · England

Accountants in Bungay

IGI Accounting serves businesses and individuals in Bungay entirely online, with every fee published and fixed before work starts. Whether you are a sole trader, a landlord, a limited company director or a contractor in Bungay, the service is the same as for clients anywhere in England: records by WhatsApp or email, drafts back for approval with the figures explained, and electronic filing with HMRC and Companies House once you have signed off.

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 Bungay and what it costs

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

Clients in Bungay are not a branch or a territory to us; they are files handled by the same team that serves the rest of the UK, at the same price. The fee you see is confirmed in writing before work starts. The dates you see are diarised and chased. And the person who prepares your first return is the person who prepares the next one.

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

Nothing is filed for Bungay 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.

Online only, UK based. There is no office in Bungay to pay for, which is why the fee is the same here as anywhere in England; the work is done by people in the UK who answer the same day.

Local facts

About Bungay

Bungay sits in East of England, postcode district NR35. 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
Ditchingham Dam0.2 miN
Staithe Road0.2 miSE
Temple Bar, South Norfolk0.6 miW
Wainford Cottages0.8 miE
Ditchingham0.8 miN
Earsham0.8 miW
Wainford0.9 miE
Hollow Hill1 miN

All places in East of England · East of England places beginning with B

Worth knowing

Rules that affect most businesses here

Crypto records and reporting

HMRC treats cryptoassets as property. Swapping one token for another, spending crypto or gifting it are all disposals for Capital Gains Tax, and staking and lending rewards are income. Gains are computed under pooling rules with same-day and 30-day matching. From 2026 HMRC receives data from exchanges worldwide under the Cryptoasset Reporting Framework, so unreported activity is increasingly visible.

The 60-day property CGT return

The 60-day Capital Gains Tax return on residential property is the deadline landlords most often miss, because it falls outside the Self Assessment cycle and runs from completion, not exchange. Private residence relief for periods you lived in the property, plus the final nine months, reduces the gain. Penalties for a late return mirror Self Assessment, starting at £100.

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.

Confirmation statements and identity verification

Companies House has tightened its requirements under the Economic Crime and Corporate Transparency Act: every company needs a registered email address and an appropriate registered office, every statement includes a lawful-purpose declaration, and every director and PSC must verify their identity. The confirmation statement, due annually with a £50 fee, is where most of this is confirmed.

Questions

Questions from Bungay

Can you deal with HMRC and Companies House for me?

Yes. Once you authorise us as your agent, HMRC and Companies House correspond with us about the filings we make for your Bungay business, and we can see your accounts and respond on your behalf. Authorisation is free and takes a few days to activate. Routine correspondence about work we have filed is handled at no extra charge.

I already have an accountant in Bungay. How hard is it to switch?

It takes about two weeks and costs nothing extra. You authorise us, we write to your current accountant for professional clearance and your records, and we transfer the agent authorisations. We pick up the next filing without a gap. You do not need to wait for a year end, and we tell you honestly if switching mid-job would be awkward.

Which services are available in Bungay?

Every service on this page is available to businesses and individuals in Bungay, at the fee shown. Core compliance work, accounts, tax returns, bookkeeping, VAT, payroll and company formation, is listed with its own local page. Specialist services such as R&D, crypto tax and HMRC enquiry support are national services delivered the same way from anywhere in the UK.

Why are the fees the same in Bungay as in London?

Because the cost of an accountant is mostly premises and that is a cost we do not have. The work is done online by UK-based staff, so a client in Bungay pays exactly the published fee, as does a client in central London or a Highland village. The fee is confirmed in writing before anything starts.

Which deadlines matter most for self assessment tax returns?

The next four dates that apply to self assessment tax returns are shown at the top of this page, calculated from today. For Bungay 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 Bungay?

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 self assessment tax returns. Once you confirm, we tell you exactly which records to send and the work begins. Most Bungay clients are set up within a day.

Let us take the deadlines off your plate in Bungay

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