Central London · England
Accountants in Lime Street
If you run a business or have a tax return to file in Lime Street, this page lists what we do, what it costs and when it is due. The fees are fixed and identical to those for every other place in Central London. We serve Lime Street remotely, which means no travel, no appointments and no premises to pay for, and we track the HMRC and Companies House deadlines so that you do not have to.
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 Lime Street and what it costs
All 26 services below are available to Lime Street clients at the published fee. Every fee is fixed and confirmed in writing before work starts.
Why IGI
Working with Lime Street businesses
An online firm suits Lime 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 Lime Street clients the published fee and nothing more, with every submission approved by you before it goes.
Continuity matters in self assessment tax returns: the person who prepared last year's work for your Lime Street business prepares this year's, and remembers what was agreed.
Online only, UK based. There is no office in Lime Street to pay for, which is why the fee is the same here as anywhere in England; the work is done by people in the UK who answer the same day.
We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Lime Street get reminders at 60, 30 and 7 days before each date that applies to self assessment tax returns.
Local facts
About Lime Street
Lime Street sits in Central London, within City of London (Langbourn ward), postcode district EC3M. 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.
| Place | Distance | Direction |
|---|---|---|
| Fenchurch Street | 0.1 mi | SE |
| Langbourn | 0.1 mi | W |
| Cornhill, City of London | 0.2 mi | NW |
| Monument | 0.2 mi | SW |
| Candlewick | 0.2 mi | W |
| Billingsgate | 0.2 mi | S |
| Tower | 0.2 mi | SE |
| Broad Street, City of London | 0.3 mi | NW |
All places in Central London · Central London places beginning with L
Worth knowing
Rules that affect most businesses here
Making Tax Digital for Income Tax
The biggest change to Self Assessment in a generation is Making Tax Digital for Income Tax, now live for higher-earning sole traders and landlords and arriving for the rest in stages. Quarterly updates are due by 7 August, 7 November, 7 February and 7 May, built from digital records. The practical consequence is that spreadsheet-and-shoebox bookkeeping is ending for anyone above the threshold.
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.
Payments on account
A common surprise in Self Assessment is the January payment that is far larger than expected. That is the balancing payment for the year just ended plus the first payment on account for the year ahead, which HMRC sets at half of the bill just calculated. We put the figure in your hands months ahead and tell you how to adjust it legitimately when circumstances change.
The Self Assessment calendar
Self Assessment runs on a fixed annual cycle. Registration by 5 October following the tax year, online filing and payment by 31 January, and a second instalment on 31 July for those making payments on account. The penalties for lateness are automatic and escalate monthly, which is why we file early and chase approvals well before the window closes.
Director's loan accounts
A director's loan account records money moving between a director and the company that is not salary or dividend. If the director owes the company money nine months and one day after the year end, the company pays section 455 tax at 35.75% of the balance, refundable only when the loan is repaid. Loans over £10,000 are also a benefit in kind unless interest is charged at HMRC's official rate.
Questions
Questions from Lime Street
Why are the fees the same in Lime Street as in London?
Because the cost of an accountant is mostly premises and that is a cost we do not have. The work is done online by UK-based staff, so a client in Lime Street pays exactly the published fee, as does a client in central London or a Highland village. The fee is confirmed in writing before anything starts.
Which services are available in Lime Street?
Every service on this page is available to businesses and individuals in Lime Street, at the fee shown. Core compliance work, accounts, tax returns, bookkeeping, VAT, payroll and company formation, is listed with its own local page. Specialist services such as R&D, crypto tax and HMRC enquiry support are national services delivered the same way from anywhere in the UK.
I already have an accountant in Lime Street. How hard is it to switch?
It takes about two weeks and costs nothing extra. You authorise us, we write to your current accountant for professional clearance and your records, and we transfer the agent authorisations. We pick up the next filing without a gap. You do not need to wait for a year end, and we tell you honestly if switching mid-job would be awkward.
Can you deal with HMRC and Companies House for me?
Yes. Once you authorise us as your agent, HMRC and Companies House correspond with us about the filings we make for your Lime Street business, and we can see your accounts and respond on your behalf. Authorisation is free and takes a few days to activate. Routine correspondence about work we have filed is handled at no extra charge.
Is self assessment tax returns in Lime Street really the same price as elsewhere?
Yes. The fee published on this page is what a client in Lime Street 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.
Do you have an office in Lime Street?
No. IGI Accounting is an online-only firm. We serve Lime Street 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 self assessment tax returns is the same in Lime Street as anywhere else in the country, and why there is nothing to visit and nothing to print.
Get a fixed quote for Lime Street today
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.