Accounting

Startup Accountants · North East

Startup accountants in Hexham

Founders in Hexham have better things to do than learn Corporation Tax. We take the compliance off the table from the start: company formed properly, registrations done, books set up in software that will scale, and the first-year deadlines tracked so nothing is missed while you build. Monthly fixed fee, cancel with a month's notice.

from £59/mo · fixed, per month

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

Who this is for

Startup Accountants for Hexham

New and early-stage companies in Hexham: founders incorporating for the first time, technology and product startups preparing to raise seed investment, service businesses moving from side project to full time, two or three co-founders who need the equity and payroll structured properly, and companies in their first two years who set up alone and want it done properly now.

What is included

Everything inside the fixed fee

  • Company formation and HMRC registrations in the Launch package, or a review of what has already been set up
  • Cloud bookkeeping configured for a growing business, with bank feeds and expense capture from day one
  • Annual accounts and Corporation Tax return, with first-period and long-period rules handled
  • VAT registration timing advised and quarterly returns run in the Grow and Scale packages
  • Payroll for founders and first hires, with auto-enrolment, in the Scale package
  • SEIS and EIS advance assurance applications prepared for founders raising investment

How it works

Startup Accountants from Hexham, 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

The IGI way of working, in Hexham

The price for startup accountants is published on this page and is what a client in Hexham pays. We confirm it in writing first, and the invoice matches the quote.

Nothing for Hexham is left to the last week. Each deadline relevant to startup accountants is tracked from the day you join, with the next four shown on every page we send you.

No appointments, no travel across North East, no parking. Everything for startup accountants in Hexham happens online, with a real person on the other end during UK working hours.

A named person handles your startup accountants from Hexham 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 Hexham 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 startup accountants in Hexham, every submission to HMRC or Companies House follows your written go-ahead.

Local facts

About Hexham

Hexham is in North East, in the NE46 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.

Nearby places we also serve for startup accountants
PlaceDistanceDirection
Cattle Market0.1 miSE
Seal, The0.2 miW
The Seal0.2 miW
South Park, North East0.5 miSE
Hackwood0.5 miS
Tynegreen0.5 miN
Fellside, Northumberland0.7 miSE
Causey Hill1.0 miSW

Worth knowing

Rules that come up in this work

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.

Crypto records and reporting

HMRC treats cryptoassets as property. Swapping one token for another, spending crypto or gifting it are all disposals for Capital Gains Tax, and staking and lending rewards are income. Gains are computed under pooling rules with same-day and 30-day matching. From 2026 HMRC receives data from exchanges worldwide under the Cryptoasset Reporting Framework, so unreported activity is increasingly visible.

Allowable expenses

An expense is allowable against trading profit if it is incurred wholly and exclusively for the business. Materials, business travel other than ordinary commuting, a proportion of home running costs, software, insurance, professional fees, bank charges and protective clothing qualify. Client entertainment, ordinary clothing, fines and the private share of mixed-use costs do not.

Record keeping

Good records are the difference between a quick enquiry and a long one. For the self-employed, five years after the filing deadline; for companies, six years from the year end; for VAT, six years. Photographs of receipts, PDF statements and software exports all count. The requirement is to keep records, not paper, and a well-organised cloud folder satisfies it.

Workplace pensions and auto-enrolment

Auto-enrolment duties begin the day you take on your first employee, not when the Pensions Regulator writes to you. Eligible staff must be enrolled, contributions paid every pay period and re-enrolment carried out every three years. Director-only companies without employment contracts are usually exempt. Fines for non-compliance are fixed and escalating.

Employer National Insurance

The cost of an employee is more than the salary. Employer National Insurance at 15% above £5,000 a year, the 3% minimum pension contribution, holiday pay, equipment and management time all come on top. The Employment Allowance of £10,500 reduces the National Insurance for most employers with more than one person on the payroll.

The trading and property allowances

Not every small income needs a tax return. The trading allowance exempts the first £1,000 of self-employment or casual income and the property allowance does the same for rental income, each measured on gross receipts. They cannot be combined with rent-a-room relief on the same income, and claiming the allowance means giving up the expense deduction for that source.

Questions

Startup Accountants questions from Hexham

Can I claim startup costs incurred before incorporation?

Yes. Pre-trading expenses incurred up to seven years before the company started trading, which would have been deductible if incurred while trading, are treated as incurred on the first day of trading. Keep the receipts. Equipment you bring in can be transferred to the company at market value.

When are a new company's first filings due?

The first confirmation statement is due within 14 days of the first anniversary of incorporation. The first accounts are due 21 months after incorporation. Corporation Tax is due nine months and one day after the first accounting period ends, and the first period is often longer than a year, which creates two CT600s. We handle the split.

What are the SEIS limits?

A company can raise up to £250,000 under SEIS within the first three years of trading, with gross assets under £350,000 and fewer than 25 employees. EIS allows up to £5 million a year and £12 million in total, for companies under seven years old with fewer than 250 employees. Trading activities must qualify; some are excluded.

What is SEIS/EIS advance assurance and do I need it?

Investors in qualifying early-stage companies get income tax relief of 50% (SEIS) or 30% (EIS) and capital gains exemptions, which makes raising much easier. Advance assurance is HMRC's confirmation in principle that your company qualifies, and most angel investors insist on it. Our £299 service prepares and submits the application.

How should co-founders be paid?

Early on, often not at all, with equity as the reward. Once the company can afford it, a modest salary through payroll keeps National Insurance records intact and is deductible. Dividends require distributable profits, which loss-making startups do not have. Director's loans are a trap. We set the structure to suit the cash position.

Should I register for VAT before I have to?

If your customers are VAT-registered businesses, early voluntary registration lets you reclaim VAT on setup costs with no real cost to customers. If you sell to consumers, registration adds 20% to your price or cuts your margin, so waiting until the £90,000 threshold is usually better. We model it for your business.

How do I get started from Hexham?

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 startup accountants. Once you confirm, we tell you exactly which records to send and the work begins. Most Hexham clients are set up within a day.

Which deadlines matter most for startup accountants?

The next four dates that apply to startup accountants are shown at the top of this page, calculated from today. For Hexham 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 Hexham

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