Wales · Wales
Accountants in Llanelli
If you run a business or have a tax return to file in Llanelli, 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 Wales. We serve Llanelli 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 Llanelli and what it costs
All 26 services below are available to Llanelli clients at the published fee. Every fee is fixed and confirmed in writing before work starts.
Why IGI
Working with Llanelli businesses
Clients in Llanelli are not a branch or a territory to us; they are files handled by the same team that serves the rest of the UK, at the same price. The fee you see is confirmed in writing before work starts. The dates you see are diarised and chased. And the person who prepares your first return is the person who prepares the next one.
Nothing is filed for Llanelli 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.
We explain self assessment tax returns in the words Llanelli business owners use, not in accountant's shorthand, and we show our working so you can check it.
Continuity matters in self assessment tax returns: the person who prepared last year's work for your Llanelli business prepares this year's, and remembers what was agreed.
Local facts
About Llanelli
Llanelli sits in Wales, postcode district SA15. Businesses in Wales file with the same HMRC and Companies House as England, and for now the Welsh rates of income tax equal the English ones, though the Senedd can vary them. The practical differences are Land Transaction Tax on property and Welsh-specific business support schemes, and company names and documents may be in Welsh.
| Place | Distance | Direction |
|---|---|---|
| Wern, Wales | 0.2 mi | SE |
| Bigyn | 0.4 mi | SE |
| Marble Hall | 0.5 mi | E |
| Union Buildings | 0.6 mi | N |
| Seaside, Wales | 0.6 mi | S |
| Ty-isaf | 0.6 mi | SE |
| Sandy, Carmarthenshire | 0.7 mi | NW |
| Box, Wales | 0.7 mi | NE |
Worth knowing
Rules that affect most businesses here
Director's loan accounts
Money taken from a company has to be something: salary, dividend, expense reimbursement or loan. If it is a loan and remains outstanding nine months after the year end, the company pays tax at the dividend higher rate on it until it is repaid. Clearing the balance with a properly declared dividend before the deadline, where reserves allow, is routine year-end work.
Salary versus dividends
The salary-and-dividend split is the central planning decision for an owner-managed company. Salary costs employer National Insurance above £5,000 but is deductible; dividends are not deductible but attract lower personal rates and no National Insurance. The optimum changes each April with the thresholds and depends on the director's other income, so it should be set deliberately every year.
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.
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.
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.
Questions
Questions from Llanelli
Do you work with businesses in Wales that are not in Llanelli itself?
Yes. Every place in Wales has its own page on this site and the same fees apply throughout. The nearest-places list on this page links to them. Wherever in Wales your business is based, the service is identical because none of it depends on where you are.
What if my Llanelli business is a partnership or an LLP?
Both are covered. Partnerships need a partnership return and a Self Assessment for each partner; LLPs file accounts with Companies House under company-style rules as well. We quote a fixed fee for the set based on the number of partners or members, and the process is the same as for any other client in Llanelli: records in, draft out, approve, filed.
Are your fees inclusive of everything?
Our fee covers the work described for the package. Companies House fees, such as £100 to incorporate or £50 for a confirmation statement, are charged separately and passed on at cost. Software subscriptions are in your own name. There is nothing else: no hourly extras, no charge for questions, and no additional year-end invoice for Llanelli clients on monthly packages.
How quickly do you respond?
In UK working hours, usually within a few hours and always the same working day. Each Llanelli client has a named contact who knows the file. Outside working hours, WhatsApp and email messages are picked up first thing the next morning. In January and at other peak times we tell you your turnaround when you book rather than leaving you guessing.
Is self assessment tax returns in Llanelli really the same price as elsewhere?
Yes. The fee published on this page is what a client in Llanelli pays and what a client in any other part of Wales 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 Llanelli?
No. IGI Accounting is an online-only firm. We serve Llanelli 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 Llanelli as anywhere else in the country, and why there is nothing to visit and nothing to print.
Start the conversation from Llanelli
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.