Accounting

Contractor Accountants · West London

Contractor accountants in Little Britain, Hillingdon

Contractor accounting for limited company contractors in Little Britain, Hillingdon: accounts, Corporation Tax, monthly payroll and dividend paperwork from £75 a month, with VAT and bookkeeping at £105 and the full package including your Self Assessment at £125. Fixed, published, the same in Little Britain as in every part of England.

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 Little Britain

Contractors and interim professionals in Little Britain, Hillingdon 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 Little Britain, Hillingdon, 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

The IGI way of working, in Little Britain

No hourly rate and no surprise invoice. Little Britain 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 Little Britain, Hillingdon get reminders at 60, 30 and 7 days before each date that applies to contractor accountants.

Online only, UK based. There is no office in Little Britain 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.

Continuity matters in contractor accountants: the person who prepared last year's work for your Little Britain business prepares this year's, and remembers what was agreed.

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

Nothing is filed for Little Britain 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 Little Britain, Hillingdon

Little Britain, Hillingdon is in West London, within Hillingdon, in the UB8 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
Cowley, Hillingdon0.7 miNE
Yiewsley0.8 miSE
Iver0.9 miW
Thorney, Buckinghamshire1 miS
Uxbridge South1 miN
Brunel1 miNE
Colham Green1 miE
West Drayton1 miSE

Worth knowing

Rules that come up in this work

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

Record keeping is a legal obligation with a penalty of up to £3,000 for failure, but its real value is in making every other filing cheaper and more defensible. Keep invoices, receipts, bank statements, mileage logs and any HMRC correspondence, digitally if you like, for five years after the relevant filing deadline for individuals and six years for companies and VAT.

Allowable expenses

Expense claims are where a return is won or lost in an enquiry. The test is wholly and exclusively for the trade; where a cost is mixed, the business proportion can be claimed if it can be identified. Capital items such as equipment and vans are relieved through capital allowances rather than as expenses, except under the cash basis where they are simply deducted when paid.

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

Since April 2020 a gain on UK residential property must be reported and the tax paid within 60 days of completion through HMRC's dedicated service, separately from the annual return. Non-residents must report all UK land disposals in the same window whether or not tax is due. Getting the computation right first time matters because the figure is then carried into the Self Assessment.

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.

Questions

Contractor Accountants questions from Little Britain

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.

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.

Which deadlines matter most for contractor accountants?

The next four dates that apply to contractor accountants are shown at the top of this page, calculated from today. For Little Britain 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 Little Britain, Hillingdon?

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

Ready to fix your fee in Little Britain?

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