Accounting

West Midlands · England

Accountants in Lower Broxwood

Businesses in Lower Broxwood use us for three reasons: the price is known in advance, the filing is done on time, and the numbers are explained in plain English. Every service listed below is available in Lower Broxwood at the published fee, which is the same across England. We are an online firm with UK-based staff, a named contact for each client and a rule that nothing is filed until you have approved it.

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 Lower Broxwood and what it costs

The eight core services below each have a page for Lower Broxwood; 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 Lower Broxwood businesses

We built the service around what business owners in places like Lower Broxwood actually complain about: not knowing what the accountant will charge, finding out about a deadline after it has passed, and receiving a set of accounts with no explanation. Each is fixed by design: fixed fees, deadline tracking shown on every page, and a plain-English summary with every draft for Lower Broxwood clients.

We explain self assessment tax returns in the words Lower Broxwood business owners use, not in accountant's shorthand, and we show our working so you can check it.

Nothing is filed for Lower Broxwood 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.

No hourly rate and no surprise invoice. Lower Broxwood clients know the fee for self assessment tax returns before they send a single document, and it stays fixed.

Local facts

About Lower Broxwood

Lower Broxwood sits in West Midlands. 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
Broxwood, Lower0.0 miN
Broxwood0.5 miSW
Gorsty Common, West Midlands0.9 miN
Moorcot1.0 miNW
Woonton Ash1 miW
Meer Common1 miS
Nutfield, Herefordshire County of1 miNE
Weston, Herefordshire County of1 miN

All places in West Midlands · West Midlands places beginning with L

Worth knowing

Rules that affect most businesses here

Confirmation statements and identity verification

Every company must file a confirmation statement at least once a year, within fourteen days of its review date, with a £50 Companies House fee. Since November 2025 directors and people with significant control must also verify their identity with Companies House, and the confirmation statement is where existing officers confirm they have done so during the transition year.

CIS deductions

Under the Construction Industry Scheme, contractors deduct 20% from a registered subcontractor's labour invoices, or 30% if unregistered, and pay it to HMRC. The subcontractor reclaims the deductions against their actual tax through Self Assessment, usually producing a refund because deductions are on turnover while tax is on profit. Contractors file a monthly return by the 19th.

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.

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 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.

Questions

Questions from Lower Broxwood

What if my Lower Broxwood 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 Lower Broxwood: records in, draft out, approve, filed.

Do you work with businesses in West Midlands that are not in Lower Broxwood itself?

Yes. Every place in West 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.

How quickly do you respond?

In UK working hours, usually within a few hours and always the same working day. Each Lower Broxwood 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.

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 Lower Broxwood clients on monthly packages.

Do you have an office in Lower Broxwood?

No. IGI Accounting is an online-only firm. We serve Lower Broxwood 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 Lower Broxwood as anywhere else in the country, and why there is nothing to visit and nothing to print.

Is self assessment tax returns in Lower Broxwood really the same price as elsewhere?

Yes. The fee published on this page is what a client in Lower Broxwood 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.

One message from Lower Broxwood, 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