Freelancer Accountants · Central London
Freelancer accountants in Coleman Street
Freelancing from Coleman Street means irregular income, a January tax bill that depends on a year you have half forgotten, and expenses scattered across personal cards. We tidy it monthly, tell you what to set aside, and file the return. The £99 starter session gets new freelancers set up properly before the first invoice. Fixed fees, online.
from £45/mo · fixed, per month
Next deadlines
- Online Self Assessment filing deadline and balancing payment due
- Making Tax Digital for Income Tax: quarterly updates for sole traders and landlords over £50,000 (from April 2026) and over £30,000 (from April 2027)
- Second payment on account due
- Companies House accounts due 9 months after your year end (a 31 December year end files by 30 September)
Who this is for
Freelancer Accountants for Coleman Street
Freelancers and independent professionals in Coleman Street: designers, developers, writers and editors, marketers, photographers and videographers, consultants, translators, musicians and performers, tutors and coaches, whether trading as a sole trader, through a limited company, or still deciding, and whether full time or alongside employment.
What is included
Everything inside the fixed fee
- Monthly bookkeeping from your bank feed with invoices and expenses captured by phone
- Self Assessment with the self-employment pages for sole trader freelancers, or accounts, CT600 and payroll for company freelancers
- Expense review for the costs freelancers miss: home office, equipment, software, subscriptions, training, travel
- Payments on account and a monthly set-aside figure so the January bill is never a surprise
- Making Tax Digital readiness and quarterly updates when your income reaches the threshold
- A going-freelance starter session covering structure, registration, pricing for tax and what to keep
How it works
Freelancer Accountants from Coleman Street, step by step
Scope the job
We find out what you need filed, when it is due and what state the records are in, and tell you which fixed-fee package applies.
Agree the price
The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.
Hand over the records
Photographs, PDFs, software access or a spreadsheet, sent however suits you. We confirm what we have and what is missing within two working days.
Approve, then we submit
You review the draft with our explanation, sign off, and we file. Receipts, copies and the next deadlines come back to you immediately.
Why IGI
Why Coleman Street businesses file with IGI
The price for freelancer accountants is published on this page and is what a client in Coleman Street pays. We confirm it in writing first, and the invoice matches the quote.
Nothing for Coleman Street is left to the last week. Each deadline relevant to freelancer accountants is tracked from the day you join, with the next four shown on every page we send you.
No appointments, no travel across Central London, no parking. Everything for freelancer accountants in Coleman Street happens online, with a real person on the other end during UK working hours.
A named person handles your freelancer accountants from Coleman Street and knows the file, so you are not re-explaining your business to a different helpdesk each time.
Plain English, with the numbers. Every draft for Coleman Street comes with a short explanation of what the figures mean and what, if anything, you should do about them.
Approval before filing is a rule, not a courtesy. For freelancer accountants in Coleman Street, every submission to HMRC or Companies House follows your written go-ahead.
Local facts
About Coleman Street
Coleman Street is in Central London, within City of London, in the EC2Y postcode district, England. 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.
| Place | Distance | Direction |
|---|---|---|
| Moorgate, City of London | 0.0 mi | NW |
| Liverpool Street | 0.1 mi | E |
| Broad Street, City of London | 0.2 mi | SE |
| Bassishaw | 0.2 mi | SW |
| Guildhall, City of London | 0.2 mi | SW |
| City of London | 0.2 mi | SW |
| Cripplegate | 0.3 mi | NW |
| Finsbury | 0.3 mi | NW |
Worth knowing
Rules that come up in this work
CIS deductions
Under the Construction Industry Scheme, contractors deduct 20% from a registered subcontractor's labour invoices, or 30% if unregistered, and pay it to HMRC. The subcontractor reclaims the deductions against their actual tax through Self Assessment, usually producing a refund because deductions are on turnover while tax is on profit. Contractors file a monthly return by the 19th.
Confirmation statements and identity verification
The confirmation statement is the annual check that the public register is right: officers, registered office, SIC codes, shareholders and the PSC register. It carries a £50 fee and no financial penalty for lateness, but failure to file leads to compulsory strike-off. The identity verification regime introduced in November 2025 has added a further check to every statement.
Closing a company
A solvent company that has finished its purpose can be dissolved by voluntary strike-off: form DS01 with a £13 Companies House fee, after three months without trading and with all debts paid, final accounts and tax return filed, and assets distributed. HMRC objects to any application where returns or tax are outstanding, so the sequence matters more than the form.
Switching accountants
The main reasons people switch accountant are surprise invoices, missed deadlines and not understanding what they are being told. Switching involves a clearance letter between the firms, a transfer of records and agent authorisations, and a short handover of the current position. It takes about two weeks and should cost nothing extra.
Payments on account
A common surprise in Self Assessment is the January payment that is far larger than expected. That is the balancing payment for the year just ended plus the first payment on account for the year ahead, which HMRC sets at half of the bill just calculated. We put the figure in your hands months ahead and tell you how to adjust it legitimately when circumstances change.
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.
The 60-day property CGT return
Selling UK residential property that was not your main home for the whole period of ownership triggers a separate Capital Gains Tax return, due within 60 days of completion along with payment of the tax. This is in addition to the annual Self Assessment. The gain is taxed at 18% or 24% depending on your income band, after the £3,000 annual exempt amount.
Questions
Freelancer Accountants questions from Coleman Street
How do you handle irregular and overseas income?
Irregular income is normal for freelancers and the monthly summary shows the year-to-date position so lean months are planned for. Overseas clients are invoiced without UK VAT in most cases, and any foreign tax withheld can usually be credited against your UK liability. Both are handled within the package.
Do I need to register for VAT?
Only when your taxable turnover in any rolling 12 months exceeds £90,000, or voluntarily before that. Many freelancers with business clients register voluntarily to reclaim VAT on equipment; those with consumer clients usually wait. We monitor your rolling turnover and advise before the threshold is reached.
Does Making Tax Digital apply to freelancers?
If your gross self-employment plus property income was over £50,000 in 2024/25 you joined MTD for Income Tax in April 2026; over £30,000 means April 2027; over £20,000 is planned for April 2028. It means digital records and quarterly updates. Our monthly package keeps the records in the right form and submits the updates.
What is the starter session?
A £99 video call before or soon after you go freelance, covering the sole trader versus company decision, registration with HMRC, how to price so that tax is covered, what records to keep and how, invoicing and payment terms, and the dates that matter. You come away with a written plan. If you then join a monthly package the £99 is credited.
I have a job and freelance on the side. How does that work?
Your employment is taxed through PAYE and your freelance profit is added on top through Self Assessment, usually at your marginal rate. If freelance income is under £1,000 the trading allowance means no return is needed. Above that, register by 5 October after the tax year you started. Our package covers the whole return including the employment pages.
Can I claim for my laptop and camera?
Yes. Equipment used for the business qualifies for capital allowances, usually the annual investment allowance giving full relief in the year of purchase, restricted for private use. Under the cash basis equipment is simply an expense when paid. Items bought before you started can be brought in at market value.
How do I get started from Coleman Street?
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 freelancer accountants. Once you confirm, we tell you exactly which records to send and the work begins. Most Coleman Street clients are set up within a day.
Which deadlines matter most for freelancer accountants?
The next four dates that apply to freelancer accountants are shown at the top of this page, calculated from today. For Coleman Street 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.
Fixed fees, filed on time, for Coleman Street
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.