Accounting

East of England · England

Accountants in Little Plumstead

IGI Accounting serves businesses and individuals in Little Plumstead entirely online, with every fee published and fixed before work starts. Whether you are a sole trader, a landlord, a limited company director or a contractor in Little Plumstead, the service is the same as for clients anywhere in England: records by WhatsApp or email, drafts back for approval with the figures explained, and electronic filing with HMRC and Companies House once you have signed off.

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 Little Plumstead and what it costs

The eight core services below each have a page for Little Plumstead; specialist and advisory services are delivered nationally and are listed further down. Every fee is fixed and confirmed in writing before work starts.

Why IGI

Working with Little Plumstead businesses

An online firm suits Little Plumstead 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 Little Plumstead clients the published fee and nothing more, with every submission approved by you before it goes.

The output for Little Plumstead clients is never just a form. It is the form, a one-page summary of what it says, and a note of the decisions it points to for self assessment tax returns.

Approval before filing is a rule, not a courtesy. For self assessment tax returns in Little Plumstead, every submission to HMRC or Companies House follows your written go-ahead.

We serve Little Plumstead 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 self assessment tax returns.

Local facts

About Little Plumstead

Little Plumstead sits in East of England, postcode district NR13. 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
PlaceDistanceDirection
Plumstead Green, East of England0.1 miNW
Honeycombe0.7 miN
Blofield Corner0.7 miSE
Heath, Broadland0.8 miSE
Salhouse1 miN
Primrose Corner1 miNE
Pedham1 miE
Great Plumstead2 miSW

All places in East of England · East of England places beginning with L

Worth knowing

Rules that affect most businesses here

The VAT registration threshold

VAT registration is compulsory once taxable turnover in any rolling twelve-month period exceeds £90,000, or when you expect to exceed that in the next thirty days alone. The test is rolling, not by tax year, and includes zero-rated sales. Businesses regularly cross it without noticing, and late registration means accounting for VAT on sales where it was never charged to customers.

Corporation Tax rates and marginal relief

Companies pay Corporation Tax at 19% on profits up to £50,000 and 25% on profits over £250,000. Between those figures marginal relief applies, producing an effective rate that rises gradually and a marginal rate of 26.5% on each pound in the band. The thresholds are divided by the number of associated companies, so a director with two companies has thresholds of £25,000 and £125,000 for each.

Salary versus dividends

Directors of their own companies usually take a salary at or just above the National Insurance thresholds, which keeps the year qualifying for State Pension and is deductible for Corporation Tax, with further income as dividends. Dividends above the £500 allowance are taxed at 10.75%, 35.75% and 39.35% by band and can only be paid from distributable profits after tax, with a minute and voucher each time.

Director's loan accounts

The most common tax problem in owner-managed companies is an overdrawn director's loan account: drawings taken during the year that were never declared as dividends or salary. The company faces a 35.75% charge on the balance outstanding nine months after the year end, and the director may have a benefit in kind. We review the account before every year end to clear it properly.

The Self Assessment calendar

Four dates govern Self Assessment: 5 October to register, 31 October for paper returns, 31 January to file online and pay, and 31 July for the second payment on account. Missing the January date triggers an automatic £100 penalty before any tax is even considered, so we treat it as the fixed point around which the rest of the year is planned.

Questions

Questions from Little Plumstead

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 Little Plumstead 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.

I already have an accountant in Little Plumstead. 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.

Which services are available in Little Plumstead?

Every service on this page is available to businesses and individuals in Little Plumstead, 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.

Why are the fees the same in Little Plumstead 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 Little Plumstead 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 deadlines matter most for self assessment tax returns?

The next four dates that apply to self assessment tax returns are shown at the top of this page, calculated from today. For Little Plumstead 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 Plumstead?

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 self assessment tax returns. Once you confirm, we tell you exactly which records to send and the work begins. Most Little Plumstead clients are set up within a day.

One message from Little Plumstead, one fixed price

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