Accounting

South West · England

Accountants in Claverton Down

Accountants for Claverton Down who work to the deadline rather than the appointment diary. We handle Self Assessment, company accounts, Corporation Tax, bookkeeping, VAT and payroll for Claverton Down clients at the fixed fees shown on this page, and the next dates that apply to your business are tracked from the day you join. There is no office in South West to visit, because none of the work needs one.

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 Claverton Down and what it costs

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

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

We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Claverton Down get reminders at 60, 30 and 7 days before each date that applies to self assessment tax returns.

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

Continuity matters in self assessment tax returns: the person who prepared last year's work for your Claverton Down business prepares this year's, and remembers what was agreed.

Local facts

About Claverton Down

Claverton Down sits in South West. 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
Brass Knocker0.8 miSE
Widcombe0.8 miW
Perrymead1.0 miW
Hatfield Buildings1 miW
Claverton1 miE
Monkton Combe1 miS
Bathwick1 miNW
Dolemeads1 miW

All places in South West · South West places beginning with C

Worth knowing

Rules that affect most businesses here

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.

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.

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.

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.

Payments on account

Payments on account catch out most people in their second year of self-employment. HMRC assumes next year's tax will match this year's and collects half in January and half in July, in advance, on top of the balancing payment. If profits are dropping you can apply to reduce them, but reducing them too far attracts interest. We calculate the right figure rather than guessing.

Questions

Questions from Claverton Down

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 Claverton Down 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.

Why are the fees the same in Claverton Down 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 Claverton Down 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 services are available in Claverton Down?

Every service on this page is available to businesses and individuals in Claverton Down, 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.

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 Claverton Down clients on monthly packages.

How do I get started from Claverton Down?

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 Claverton Down clients are set up within a day.

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 Claverton Down 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.

Start the conversation from Claverton Down

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