Accounting

M25 Fringe · England

Accountants in Henley Street

Accountants for Henley Street who work to the deadline rather than the appointment diary. We handle Self Assessment, company accounts, Corporation Tax, bookkeeping, VAT and payroll for Henley Street 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 M25 Fringe 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 Henley Street and what it costs

The eight core services below each have a page for Henley Street; 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 Henley Street businesses

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

Nothing is filed for Henley Street 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.

We explain self assessment tax returns in the words Henley Street business owners use, not in accountant's shorthand, and we show our working so you can check it.

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

Local facts

About Henley Street

Henley Street sits in M25 Fringe. 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
Lower Luddesdown0.3 miS
Gold Street0.6 miNW
Luddesdown0.6 miS
Cobham, Gravesham0.8 miN
Sole Street0.9 miNW
Round Street1 miNW
Camer1 miW
Foxendown1 miSW

All places in M25 Fringe · M25 Fringe places beginning with H

Worth knowing

Rules that affect most businesses here

Late filing penalties

HMRC's penalties for a late Self Assessment return are automatic: £100 the day after 31 January, £10 a day from three months late up to £900, then the greater of £300 or 5% of the tax at six and twelve months. Interest and separate late-payment penalties apply to the tax itself. Companies House charges £150 to £1,500 for late accounts, doubling for a second consecutive year.

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

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.

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

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 Henley Street

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 Henley Street clients on monthly packages.

How quickly do you respond?

In UK working hours, usually within a few hours and always the same working day. Each Henley Street client has a named contact who knows the file. Outside working hours, WhatsApp and email messages are picked up first thing the next morning. In January and at other peak times we tell you your turnaround when you book rather than leaving you guessing.

Do you work with businesses in M25 Fringe that are not in Henley Street itself?

Yes. Every place in M25 Fringe 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 England your business is based, the service is identical because none of it depends on where you are.

What if my Henley Street 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 Henley Street: records in, draft out, approve, filed.

How do I get started from Henley 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 self assessment tax returns. Once you confirm, we tell you exactly which records to send and the work begins. Most Henley Street 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 Henley 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.

Get a fixed quote for Henley Street 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