Contractor Accountants · North East London
Contractor accountants in Higham Hill
IT, engineering, finance and healthcare contractors in Higham Hill use us because the service is built for how they work: a company with one or two directors, income from a few clients a year, and an IR35 question on every new engagement. Fixed monthly packages across North East London, with an IR35 contract review at £99 whenever you need one.
from £75/mo · fixed, per month
Next deadlines
- PAYE and National Insurance for last month paid to HMRC (electronic)
- PAYE and National Insurance for last month paid to HMRC (electronic)
- PAYE and National Insurance for last month paid to HMRC (electronic)
- Online Self Assessment filing deadline and balancing payment due
Who this is for
Contractor Accountants for Higham Hill
Contractors and interim professionals in Higham Hill working through their own limited company: IT and software contractors, engineers, project managers, interim finance staff, consultants, medical and allied health locums who have incorporated, and permanent employees about to go contracting who need the company set up and the first engagement reviewed.
What is included
Everything inside the fixed fee
- Statutory accounts and Corporation Tax return prepared and filed each year
- Director payroll run monthly with RTI submissions and the salary set at the efficient level
- Dividend vouchers and board minutes for every distribution, with the available reserves checked first
- Quarterly VAT returns and bookkeeping in the Plus and Complete packages
- Director's Self Assessment and an annual planning call in the Complete package
- IR35 status reviews of your contracts and working practices, with a written opinion
How it works
Contractor Accountants from Higham Hill, step by step
Tell us your situation
A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.
Fixed fee in writing
You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.
Send records, review the draft
Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.
We file, you get the receipts
Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.
Why IGI
What you get in Higham Hill
No hourly rate and no surprise invoice. Higham Hill clients know the fee for contractor accountants before they send a single document, and it stays fixed.
We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Higham Hill get reminders at 60, 30 and 7 days before each date that applies to contractor accountants.
We serve Higham Hill 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 contractor accountants.
A named person handles your contractor accountants from Higham Hill and knows the file, so you are not re-explaining your business to a different helpdesk each time.
We explain contractor accountants in the words Higham Hill business owners use, not in accountant's shorthand, and we show our working so you can check it.
Nothing is filed for Higham Hill 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 Higham Hill
Higham Hill is in North East London, within Waltham Forest, in the E17 postcode district, England. Income tax in England follows the UK rates: 20% basic to £50,270, 40% higher to £125,140 and 45% additional, with the personal allowance of £12,570 tapered away above £100,000. National Insurance, VAT and Corporation Tax are UK-wide, and Stamp Duty Land Tax applies to property purchases.
| Place | Distance | Direction |
|---|---|---|
| William Morris | 0.3 mi | SE |
| Blackhorse Road | 0.6 mi | SW |
| Waltham Forest | 0.7 mi | NE |
| Walthamstow | 0.9 mi | SE |
| Walthamstow Central | 0.9 mi | SE |
| Chapel End, Waltham Forest | 0.9 mi | E |
| Hoe Street | 1 mi | SE |
| High Street, Waltham Forest | 1 mi | SW |
Worth knowing
Rules that come up in this work
Switching accountants
The main reasons people switch accountant are surprise invoices, missed deadlines and not understanding what they are being told. Switching involves a clearance letter between the firms, a transfer of records and agent authorisations, and a short handover of the current position. It takes about two weeks and should cost nothing extra.
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.
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.
Workplace pensions and auto-enrolment
Workplace pension compliance is part of payroll, not separate from it. Each pay period the payroll assesses who is eligible, calculates employer and employee contributions on qualifying earnings between the lower and upper thresholds, and sends the contribution file to the scheme. The minimum total is 8%, and many employers choose to contribute more as a recruitment advantage.
Dormant companies
Companies formed to protect a name or hold a future business are dormant but not exempt: Companies House still expects dormant accounts within nine months of the year end and a confirmation statement annually with its £50 fee, and HMRC must be told the company is dormant or it will demand Corporation Tax returns. The filings are short, but the penalties for missing them are the same as for a trading company.
The trading and property allowances
Small side incomes are covered by two £1,000 allowances, one for trading and one for property, which remove the need to register or report income below that level. Once income exceeds £1,000, the allowance can be used in place of expenses, a choice worth making deliberately: a freelancer with £900 of costs is better off with the allowance, one with £3,000 is not.
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.
Questions
Contractor Accountants questions from Higham Hill
Can the company pay into my pension?
Yes, and it is one of the most efficient ways to extract value. Employer pension contributions are deductible for Corporation Tax, free of National Insurance and not taxed on you, up to the £60,000 annual allowance (tapered for very high earners). We include pension planning in the Complete package's annual call.
What happens between contracts?
The company continues and so do the filings, but we can reduce the salary and pause dividends. If you expect a long gap we discuss whether to keep the company trading, make it dormant or close it. The monthly fee continues while the company is active because the compliance does, but we review it with you if circumstances change.
How should I pay myself from the company?
The usual approach is a salary around the National Insurance thresholds, which keeps your State Pension record intact and is deductible for Corporation Tax, with the rest as dividends taxed at the dividend rates after the £500 allowance. The exact split depends on your other income and the company's profit, and we set it at the start of each tax year.
What is IR35 and does it affect me?
IR35 asks whether, but for the company, you would be an employee of your client. If a contract is inside IR35 the income is taxed like employment. Since 2021 medium and large private-sector clients make the determination and deduct tax at source; for small clients the contractor decides. We review contracts and working practices and give a written opinion for £99.
What is in the £75 Essential package?
Annual statutory accounts and CT600 filed with Companies House and HMRC, monthly director payroll with RTI submissions, dividend vouchers and minutes, the confirmation statement filed (Companies House £50 fee separate), and deadline tracking. It suits contractors outside VAT or who prefer to do their own VAT and bookkeeping.
What do Plus and Complete add?
Plus at £105 adds quarterly VAT returns and monthly bookkeeping from your bank feed, so the records are kept for you. Complete at £125 adds the director's Self Assessment return and an annual tax planning call covering salary, dividends, pension and the year ahead. Most contractors inside VAT choose Plus or Complete.
Do you have an office in Higham Hill?
No. IGI Accounting is an online-only firm. We serve Higham Hill 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 contractor accountants is the same in Higham Hill as anywhere else in the country, and why there is nothing to visit and nothing to print.
Is contractor accountants in Higham Hill really the same price as elsewhere?
Yes. The fee published on this page is what a client in Higham Hill 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.
Let us take the deadlines off your plate in Higham Hill
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.