Accounting

Wales · Wales

Accountants in Fryars Bay

IGI Accounting serves businesses and individuals in Fryars Bay 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 Fryars Bay, the service is the same as for clients anywhere in Wales: 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 Fryars Bay and what it costs

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

Clients in Fryars Bay 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 Fryars Bay business owners use, not in accountant's shorthand, and we show our working so you can check it.

Nothing is filed for Fryars Bay 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 Fryars Bay to pay for, which is why the fee is the same here as anywhere in Wales; the work is done by people in the UK who answer the same day.

Local facts

About Fryars Bay

Fryars Bay sits in Wales. Welsh taxpayers pay Welsh rates of income tax, set by the Senedd and currently matching the English bands, collected under a C-prefixed tax code. National Insurance, VAT and Corporation Tax are UK-wide. Property purchases in Wales pay Land Transaction Tax to the Welsh Revenue Authority rather than Stamp Duty, with its own bands and rates.

Nearby places we also serve
PlaceDistanceDirection
Tre-Castell0.1 miNE
Llanfaes, Wales0.5 miSW
Llangoed, Wales0.7 miN
Cornelyn1 miNE
Beaumaris1 miS
Penmon1 miNE
Sling, Isle of Anglesey1 miW
Penhwnllys2 miNW

All places in Wales · Wales places beginning with F

Worth knowing

Rules that affect most businesses here

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.

CIS deductions

The Construction Industry Scheme affects both sides of a construction payment. Contractors must verify subcontractors, deduct the right amount, issue statements and file monthly, with penalties from £100 for each late return. Subcontractors suffer deductions on turnover and recover the excess at the year end. Limited company subcontractors offset deductions against PAYE monthly instead.

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.

Corporation Tax rates and marginal relief

Companies pay Corporation Tax at 19% on profits up to £50,000 and 25% on profits over £250,000. Between those figures marginal relief applies, producing an effective rate that rises gradually and a marginal rate of 26.5% on each pound in the band. The thresholds are divided by the number of associated companies, so a director with two companies has thresholds of £25,000 and £125,000 for each.

Salary versus dividends

Directors of their own companies usually take a salary at or just above the National Insurance thresholds, which keeps the year qualifying for State Pension and is deductible for Corporation Tax, with further income as dividends. Dividends above the £500 allowance are taxed at 10.75%, 35.75% and 39.35% by band and can only be paid from distributable profits after tax, with a minute and voucher each time.

Questions

Questions from Fryars Bay

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 Fryars Bay clients on monthly packages.

What if my Fryars Bay business is a partnership or an LLP?

Both are covered. Partnerships need a partnership return and a Self Assessment for each partner; LLPs file accounts with Companies House under company-style rules as well. We quote a fixed fee for the set based on the number of partners or members, and the process is the same as for any other client in Fryars Bay: records in, draft out, approve, filed.

Do you work with businesses in Wales that are not in Fryars Bay itself?

Yes. Every place in Wales has its own page on this site and the same fees apply throughout. The nearest-places list on this page links to them. Wherever in Wales your business is based, the service is identical because none of it depends on where you are.

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 Fryars Bay 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.

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 Fryars Bay 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 Fryars Bay?

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 Fryars Bay clients are set up within a day.

Let us take the deadlines off your plate in Fryars Bay

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