Accounting

Wales · Wales

Accountants in Machen

Businesses in Machen 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 Machen at the published fee, which is the same across Wales. 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 Machen and what it costs

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

Clients in Machen 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.

Plain English, with the numbers. Every draft for Machen comes with a short explanation of what the figures mean and what, if anything, you should do about them.

You stay in control of self assessment tax returns: drafts go to Machen clients first, with the figures explained, and nothing leaves us until you say so.

The price for self assessment tax returns is published on this page and is what a client in Machen pays. We confirm it in writing first, and the invoice matches the quote.

Local facts

About Machen

Machen sits in Wales, postcode district CF83. Welsh taxpayers pay Welsh rates of income tax, set by the Senedd and currently matching the English bands, collected under a C-prefixed tax code. National Insurance, VAT and Corporation Tax are UK-wide. Property purchases in Wales pay Land Transaction Tax to the Welsh Revenue Authority rather than Stamp Duty, with its own bands and rates.

Nearby places we also serve
PlaceDistanceDirection
Chatham (Caerphilly)0.3 miE
Nant-y-ceisiad0.4 miW
Rhyd-y-Gwern0.6 miSE
Ty'n-y-coedcae1 miSW
Coed Waun-fawr1 miNE
Waun-fawr, Coed1 miNE
Lower Machen1 miSE
Machen, Lower1 miSE

All places in Wales · Wales places beginning with M

Worth knowing

Rules that affect most businesses here

Employer National Insurance

The cost of an employee is more than the salary. Employer National Insurance at 15% above £5,000 a year, the 3% minimum pension contribution, holiday pay, equipment and management time all come on top. The Employment Allowance of £10,500 reduces the National Insurance for most employers with more than one person on the payroll.

Workplace pensions and auto-enrolment

Auto-enrolment duties begin the day you take on your first employee, not when the Pensions Regulator writes to you. Eligible staff must be enrolled, contributions paid every pay period and re-enrolment carried out every three years. Director-only companies without employment contracts are usually exempt. Fines for non-compliance are fixed and escalating.

Dormant companies

A dormant company is one with no significant accounting transactions in the year, where the only permitted entries are the payment for shares on incorporation, Companies House fees and penalties. It still files a confirmation statement and simplified dormant accounts every year. A bank charge or an accountant's fee paid from the company ends dormancy and requires full accounts.

The trading and property allowances

Not every small income needs a tax return. The trading allowance exempts the first £1,000 of self-employment or casual income and the property allowance does the same for rental income, each measured on gross receipts. They cannot be combined with rent-a-room relief on the same income, and claiming the allowance means giving up the expense deduction for that source.

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.

Questions

Questions from Machen

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

Do you work with businesses in Wales that are not in Machen 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.

How quickly do you respond?

In UK working hours, usually within a few hours and always the same working day. Each Machen 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 Machen clients on monthly packages.

Do you have an office in Machen?

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

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

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

Let us take the deadlines off your plate in Machen

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