Accounting

Bookkeeping · East of England

Bookkeeping services in Felixstowe, Old

Bookkeeping for Felixstowe, Old sole traders and limited companies who want their numbers right without doing it themselves. We work entirely online, so you pay for the reconciliation and not for premises. Three volume bands cover almost every small business, and the VAT bundle adds quarterly returns for a fixed extra.

from £49/mo · fixed, per month

Next deadlines

  • VAT return and payment for the quarter that ended last month
  • MTD quarterly update deadline (7 August, 7 November, 7 February, 7 May)
  • VAT return and payment for the quarter that ended last month
  • VAT return and payment for the quarter that ended last month

Who this is for

Bookkeeping for Felixstowe, Old

Sole traders, partnerships and limited companies in Felixstowe, Old with anything from a dozen to a few hundred bank transactions a month: trades, consultants, online sellers, cafes and shops, landlords with several properties, and anyone approaching the VAT threshold or Making Tax Digital for Income Tax who needs digital records kept properly.

What is included

Everything inside the fixed fee

  • Cloud accounting software set up with bank feeds for every business account and card
  • Every transaction categorised and reconciled each month, with queries sent to you in one batch
  • Receipt and invoice capture by photo or email forwarding, matched to the bank
  • Sales invoices, supplier bills and VAT coding kept current and Making Tax Digital-ready
  • A monthly position summary: income, costs, cash, what you owe HMRC so far
  • Year-end handover to our accounts team or your own accountant with no re-work

How it works

Bookkeeping from Felixstowe, Old, step by step

  1. 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.

  2. Agree the price

    The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.

  3. 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.

  4. 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 Felixstowe, Old businesses file with IGI

One fixed fee for bookkeeping in Felixstowe, Old, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.

We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Felixstowe, Old get reminders at 60, 30 and 7 days before each date that applies to bookkeeping.

No appointments, no travel across East of England, no parking. Everything for bookkeeping in Felixstowe, Old happens online, with a real person on the other end during UK working hours.

A named person handles your bookkeeping from Felixstowe, Old and knows the file, so you are not re-explaining your business to a different helpdesk each time.

The output for Felixstowe, Old clients is never just a form. It is the form, a one-page summary of what it says, and a note of the decisions it points to for bookkeeping.

Nothing is filed for Felixstowe, Old 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.

Local facts

About Felixstowe, Old

Felixstowe, Old is in East of England, 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.

Nearby places we also serve for bookkeeping
PlaceDistanceDirection
Old Felixstowe0.0 miN
Walton, East Suffolk1 miW
Felixstowe Ferry1 miNE
Felixstowe2 miW
Bawdsey Ferry2 miNE
Falkenham, Lower2 miNW
Lower Falkenham2 miNW
Falkenham2 miNW

Worth knowing

Rules that come up in this work

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.

Making Tax Digital for Income Tax

MTD for Income Tax replaces one annual return with quarterly digital updates and a year-end declaration, submitted from software. The threshold is gross trading and property income, measured two years earlier, and started at £50,000 in April 2026 before falling to £30,000 in April 2027. Anyone affected needs digital record keeping in place before their start date, not after.

Late filing penalties

Lateness is expensive in a way that compounds. For individuals, £100 immediately, then daily penalties, then percentage-based ones at six and twelve months, with interest running on unpaid tax throughout. For companies, Companies House penalties scale with delay and double on repeat, and HMRC adds its own for a late CT600. Filing on time is the cheapest tax planning there is.

Payments on account

If your Self Assessment bill exceeds £1,000 and less than 80% of your tax was collected at source, HMRC asks for two advance payments towards the following year, each half of the current bill, due 31 January and 31 July. The first year this happens the January payment is effectively one and a half times the bill. We model it in advance and show you how to reduce the payments if income is falling.

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.

Closing a company

Voluntary strike-off is available only to solvent companies. One that owes money it cannot pay needs a creditors' voluntary liquidation through a licensed insolvency practitioner, and directors who dissolve an insolvent company face personal consequences. For a solvent company the process takes three to four months from filing the DS01, with notice to creditors and shareholders within seven days.

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.

Questions

Bookkeeping questions from Felixstowe, Old

What if my volume changes?

We review the transaction count each quarter. If you move into a higher or lower band we tell you before the next invoice and adjust from the following month. There is no penalty for moving down and no back-charging for a busy month.

Do you do bookkeeping for landlords?

Yes. Rental income, agent statements, mortgage interest, repairs and the split between revenue and capital costs are all coded correctly for the property pages of your return. Portfolio landlords usually sit in the £49 or £89 band, and MTD for Income Tax applies to rental income as it does to trading income.

How quickly are the books up to date?

Bank feeds update daily. We reconcile within five working days of the month end once your receipts are in, so the monthly summary arrives in the first week of the following month. Queries are sent in one message rather than piecemeal.

Can my existing accountant still do the year end?

Yes. Many clients use us for bookkeeping and another firm for accounts. At year end we hand over a reconciled file with the trial balance, bank reconciliations and supporting documents, in whatever format your accountant prefers.

Which software do you use and who pays for it?

We work in the main cloud platforms that are compatible with Making Tax Digital and set up the one that suits your business. The subscription is in your name and billed to you by the software company, typically £15 to £35 a month, so you own the data and can leave at any time with your records intact.

How do you count transactions for the fee?

Every line on your business bank and card statements for the month, including payments in and out. Transfers between your own accounts are excluded. Up to 50 lines is £49 a month, up to 150 is £89, up to 300 is £149. We check the count from your statements before quoting so the band is right from the start.

Is bookkeeping in Felixstowe, Old really the same price as elsewhere?

Yes. The fee published on this page is what a client in Felixstowe, Old 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.

Do you have an office in Felixstowe, Old?

No. IGI Accounting is an online-only firm. We serve Felixstowe, Old 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 bookkeeping is the same in Felixstowe, Old as anywhere else in the country, and why there is nothing to visit and nothing to print.

Get a fixed quote for Felixstowe, Old today

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