Accounting

Contractor Accountants · West London

Contractor accountants in Hounslow Heath

IT, engineering, finance and healthcare contractors in Hounslow Heath 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 West 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 Hounslow Heath

Contractors and interim professionals in Hounslow Heath 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 Hounslow Heath, step by step

  1. 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.

  2. 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.

  3. 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.

  4. 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 Hounslow Heath

One fixed fee for contractor accountants in Hounslow Heath, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.

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

No appointments, no travel across West London, no parking. Everything for contractor accountants in Hounslow Heath happens online, with a real person on the other end during UK working hours.

You get one contact for contractor accountants, not a queue. Hounslow Heath clients message the same person throughout and get an answer in working hours, usually within a few hours.

We explain contractor accountants in the words Hounslow Heath business owners use, not in accountant's shorthand, and we show our working so you can check it.

Nothing is filed for Hounslow Heath 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 Hounslow Heath

Hounslow Heath is in West London, within Hounslow, in the TW4 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.

Nearby places we also serve for contractor accountants
PlaceDistanceDirection
Feltham North1 miW
Hounslow West1 miN
Whitton, Richmond upon Thames1 miE
Hounslow Central1 miNE
Hounslow1 miNE
Hanworth Park1 miSW
Feltham, Hounslow1 miSW
Heston Central2 miN

Worth knowing

Rules that come up in this work

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.

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.

The 60-day property CGT return

The 60-day Capital Gains Tax return on residential property is the deadline landlords most often miss, because it falls outside the Self Assessment cycle and runs from completion, not exchange. Private residence relief for periods you lived in the property, plus the final nine months, reduces the gain. Penalties for a late return mirror Self Assessment, starting at £100.

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.

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.

Employer National Insurance

Since April 2025 employer National Insurance has been 15% on earnings above a £5,000 secondary threshold, a substantial increase for small employers. The Employment Allowance rose to £10,500 at the same time to soften it for the smallest businesses. Directors deciding their own salary weigh this cost against the Corporation Tax deduction a salary provides.

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.

Questions

Contractor Accountants questions from Hounslow Heath

I am about to leave permanent employment to contract. Where do I start?

With the company formation and the first contract review. Our £99 formation-plus-registrations package sets up the company with Corporation Tax and PAYE registered; the IR35 review of your first engagement decides how the income will be taxed. Join the Essential package from the month you start invoicing.

Do I need business insurance?

Most client contracts require professional indemnity and public liability cover, and employer's liability is a legal requirement if the company employs anyone other than the director. Insurance is not something we sell, but we tell you what your contracts require and the premiums are deductible for Corporation Tax.

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 are dividends documented?

Each dividend needs a board minute approving it and a dividend voucher recording the date, amount and shareholder. The company must have sufficient distributable profits after tax at the time. We check the reserves before each dividend, produce the paperwork and keep it on file, because undocumented dividends are reclassified by HMRC as salary or loans.

What is the flat rate VAT scheme and should I use it?

For most contractors with low costs the limited-cost-trader rate of 16.5% removes any advantage of the flat rate scheme, and the standard scheme reclaiming input VAT on equipment and software is better. Contractors with significant qualifying costs may differ. We calculate both at registration and review annually.

Do you have an office in Hounslow Heath?

No. IGI Accounting is an online-only firm. We serve Hounslow Heath 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 Hounslow Heath as anywhere else in the country, and why there is nothing to visit and nothing to print.

Is contractor accountants in Hounslow Heath really the same price as elsewhere?

Yes. The fee published on this page is what a client in Hounslow Heath 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.

Ready to fix your fee in Hounslow Heath?

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