Scotland · Scotland
Accountants in Hestinsetter
IGI Accounting serves businesses and individuals in Hestinsetter 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 Hestinsetter, the service is the same as for clients anywhere in Scotland: 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 Hestinsetter and what it costs
The eight core services below each have a page for Hestinsetter; 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 Hestinsetter businesses
An online firm suits Hestinsetter 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 Hestinsetter clients the published fee and nothing more, with every submission approved by you before it goes.
We serve Hestinsetter remotely by design: records by WhatsApp or email, drafts back for approval, filing electronic. The saving on premises is passed to you in the fee for self assessment tax returns.
A named person handles your self assessment tax returns from Hestinsetter and knows the file, so you are not re-explaining your business to a different helpdesk each time.
One fixed fee for self assessment tax returns in Hestinsetter, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.
Local facts
About Hestinsetter
Hestinsetter sits in Scotland. Scottish taxpayers pay income tax under six Scottish bands set by the Scottish Parliament, from the 19% starter rate through 20%, 21%, 42% and 45% to the 48% top rate, applied to non-savings income. Dividends and savings are taxed at UK rates, National Insurance and Corporation Tax are UK-wide, and property purchases pay Land and Buildings Transaction Tax.
| Place | Distance | Direction |
|---|---|---|
| Culswick | 0.7 mi | W |
| Wester Skeld | 1 mi | S |
| Easter Skeld | 1 mi | E |
| Westerwick | 2 mi | S |
| Silwick | 2 mi | S |
| Scarvister | 2 mi | S |
| Ayres of Selivoe | 2 mi | N |
| Reawick | 2 mi | E |
National services
Also available to Hestinsetter clients
These services do not vary by location and are delivered the same way for Hestinsetter as for the rest of the UK.
- Limited by Guarantee Formation from £49
- Dormant Company Formation from £29
- Non-Resident UK Company Formation from £149
- Registered Office Address from £69/yr
- Confirmation Statement Filing £33
- Company Name Change £49
- Director Appointments & Resignations £29
- PSC Register Changes £39
- SIC Code Change £39
- Registered Office Address Change £29
- VAT Registration £49
- PAYE Employer Registration £49
- UTR Registration £29
- CIS Registration £49
- Dormant Company Accounts £49
- Make a Company Dormant £44
- Company Strike-Off & Dissolution £59
- CIS Tax Returns from £30/mo
- R&D Tax Credits from £999
- Crypto Tax from £199
- Capital Gains Tax from £149
- Landlord & Property Tax from £149
- Contractor Accountants from £75/mo
- Startup Accountants from £59/mo
- E-commerce Accountants from £79/mo
- Freelancer Accountants from £45/mo
- Small Business Accountants from £65/mo
- Locum Accountants from £69/mo
- Management Accounts from £99/mo
- Tax Planning from £249
- Business Advisory from £149
- Cash-Flow Forecasting from £199
- HMRC Investigation Support from £299
- Making Tax Digital from £99
- Accounting Software Support from £99
Worth knowing
Rules that affect most businesses here
Switching accountants
Changing accountant is simpler than most people fear. You authorise the new firm, which writes to the old one for professional clearance and your records; the outgoing accountant must hand over your own documents and usually does within two weeks. The new firm registers as your agent with HMRC and picks up the next filing. There is no need to wait for a year end.
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.
Record keeping
HMRC requires records of all income and expenses, bank statements, invoices and receipts to be kept for at least five years after the 31 January filing deadline of the tax year they relate to, and companies must keep records for six years from the end of the accounting period. Digital copies are acceptable. Under Making Tax Digital the records must be kept in compatible software.
Allowable expenses
The expenses sole traders most often miss are home working costs, claimed by actual proportion or HMRC's flat rate, the business share of phone and internet, mileage at 45p for the first 10,000 business miles, and training that maintains existing skills. The ones most often claimed wrongly are commuting, entertaining customers and clothes that could be worn outside work.
Crypto records and reporting
Crypto tax splits into capital gains on disposals and income on rewards, with different rates and different reporting. The £3,000 annual exempt amount and the 18% and 24% rates apply to gains; staking, mining and airdrop income is taxed at marginal income tax rates. HMRC's nudge letters to holders have increased sharply, and a voluntary disclosure before one arrives is treated far more leniently.
Questions
Questions from Hestinsetter
How quickly do you respond?
In UK working hours, usually within a few hours and always the same working day. Each Hestinsetter 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.
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 Hestinsetter clients on monthly packages.
What if my Hestinsetter 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 Hestinsetter: records in, draft out, approve, filed.
Do you work with businesses in Scotland that are not in Hestinsetter itself?
Yes. Every place in Scotland 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 Scotland your business is based, the service is identical because none of it depends on where you are.
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 Hestinsetter 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 Hestinsetter?
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 Hestinsetter clients are set up within a day.
Ready to fix your fee in Hestinsetter?
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.