West London · England
Accountants in Chelsea Embankment
IGI Accounting serves businesses and individuals in Chelsea Embankment 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 Chelsea Embankment, 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 Chelsea Embankment and what it costs
All 26 services below are available to Chelsea Embankment clients at the published fee. Every fee is fixed and confirmed in writing before work starts.
Why IGI
Working with Chelsea Embankment businesses
Clients in Chelsea Embankment 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.
Plain English, with the numbers. Every draft for Chelsea Embankment 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 Chelsea Embankment clients first, with the figures explained, and nothing leaves us until you say so.
No appointments, no travel across West London, no parking. Everything for self assessment tax returns in Chelsea Embankment happens online, with a real person on the other end during UK working hours.
Local facts
About Chelsea Embankment
Chelsea Embankment sits in West London, within Kensington and Chelsea (Royal Hospital ward), postcode district SW3. 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 |
|---|---|---|
| Royal Hospital | 0.2 mi | N |
| Chelsea | 0.4 mi | NW |
| Battersea Park | 0.4 mi | SE |
| St Luke's | 0.5 mi | NW |
| Hans Town | 0.6 mi | N |
| Cremorne | 0.7 mi | W |
| Battersea Power Station | 0.7 mi | E |
| Queenstown, Wandsworth | 0.7 mi | SE |
All places in West London · West London places beginning with C
Worth knowing
Rules that affect most businesses here
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
Since April 2023 there have been two Corporation Tax rates, 19% small profits and 25% main, with marginal relief smoothing the transition between £50,000 and £250,000 of profit. The band is where planning matters: each pound of profit in it is taxed at an effective 26.5%, so pension contributions and capital expenditure timed to keep profit below £50,000 are worth more than they look.
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
Money taken from a company has to be something: salary, dividend, expense reimbursement or loan. If it is a loan and remains outstanding nine months after the year end, the company pays tax at the dividend higher rate on it until it is repaid. Clearing the balance with a properly declared dividend before the deadline, where reserves allow, is routine year-end work.
The Self Assessment calendar
The tax year runs from 6 April to 5 April. Anyone new to Self Assessment must register by 5 October after the end of the tax year in which their untaxed income began. The online return and the balancing payment are due by 31 January, with a second payment on account on 31 July where they apply. Paper returns have an earlier deadline of 31 October and are rarely sensible.
Questions
Questions from Chelsea Embankment
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 Chelsea Embankment 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 Chelsea Embankment. 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 Chelsea Embankment?
Every service on this page is available to businesses and individuals in Chelsea Embankment, 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 Chelsea Embankment 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 Chelsea Embankment 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 Chelsea Embankment 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 Chelsea Embankment?
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 Chelsea Embankment clients are set up within a day.
One message from Chelsea Embankment, one fixed price
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.