East Midlands · England
Accountants in Loughborough
If you run a business or have a tax return to file in Loughborough, 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 East Midlands. We serve Loughborough 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 Loughborough and what it costs
All 26 services below are available to Loughborough clients at the published fee. Every fee is fixed and confirmed in writing before work starts.
Why IGI
Working with Loughborough businesses
Clients in Loughborough 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 Loughborough 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 Loughborough 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 Loughborough business prepares this year's, and remembers what was agreed.
Local facts
About Loughborough
Loughborough sits in East Midlands, postcode district LE11. 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 |
|---|---|---|
| Southfields Park | 0.3 mi | SE |
| Shelthorpe | 1 mi | S |
| Loughborough Moors | 1 mi | E |
| Thorpe Acre Road | 1 mi | W |
| Thorpe Acre | 1 mi | W |
| Woodthorpe, East Midlands | 2 mi | S |
| Stanford on Soar | 2 mi | N |
| Dishley | 2 mi | NW |
All places in East Midlands · East Midlands places beginning with L
Worth knowing
Rules that affect most businesses here
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.
Salary versus dividends
Paying yourself from a company involves two routes with different tax treatment. Salary through payroll is a company expense and builds a National Insurance record; dividends come from post-tax profit at lower personal rates. Undocumented drawings that are neither become director's loans, with a 35.75% section 455 charge if not repaid within nine months of the year end.
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
MTD for Income Tax replaces one annual return with quarterly digital updates and a year-end declaration, submitted from software. The threshold is gross trading and property income, measured two years earlier, and started at £50,000 in April 2026 before falling to £30,000 in April 2027. Anyone affected needs digital record keeping in place before their start date, not after.
Questions
Questions from Loughborough
Do you work with businesses in East Midlands that are not in Loughborough itself?
Yes. Every place in East Midlands 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 England your business is based, the service is identical because none of it depends on where you are.
What if my Loughborough 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 Loughborough: 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 Loughborough 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 Loughborough 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 Loughborough really the same price as elsewhere?
Yes. The fee published on this page is what a client in Loughborough 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 Loughborough?
No. IGI Accounting is an online-only firm. We serve Loughborough 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 Loughborough as anywhere else in the country, and why there is nothing to visit and nothing to print.
Get a fixed quote for Loughborough today
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.