Accounting

Startup Accountants · Central London

Startup accountants in Oxford Circus

If you are starting a company in Oxford Circus, the accounting decisions you make in the first three months, share structure, VAT registration timing, how founders are paid, whether to seek SEIS assurance, shape the next three years. We get them right for startups across Central London, online, for a monthly fee agreed before you join.

from £59/mo · fixed, per month

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

Who this is for

Startup Accountants for Oxford Circus

New and early-stage companies in Oxford Circus: founders incorporating for the first time, technology and product startups preparing to raise seed investment, service businesses moving from side project to full time, two or three co-founders who need the equity and payroll structured properly, and companies in their first two years who set up alone and want it done properly now.

What is included

Everything inside the fixed fee

  • Company formation and HMRC registrations in the Launch package, or a review of what has already been set up
  • Cloud bookkeeping configured for a growing business, with bank feeds and expense capture from day one
  • Annual accounts and Corporation Tax return, with first-period and long-period rules handled
  • VAT registration timing advised and quarterly returns run in the Grow and Scale packages
  • Payroll for founders and first hires, with auto-enrolment, in the Scale package
  • SEIS and EIS advance assurance applications prepared for founders raising investment

How it works

Startup Accountants from Oxford Circus, step by step

  1. Tell us your situation

    A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.

  2. Fixed fee in writing

    You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.

  3. Send records, review the draft

    Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.

  4. We file, you get the receipts

    Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.

Why IGI

What you get in Oxford Circus

No hourly rate and no surprise invoice. Oxford Circus clients know the fee for startup accountants before they send a single document, and it stays fixed.

We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Oxford Circus get reminders at 60, 30 and 7 days before each date that applies to startup accountants.

We serve Oxford Circus 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 startup accountants.

A named person handles your startup accountants from Oxford Circus and knows the file, so you are not re-explaining your business to a different helpdesk each time.

We explain startup accountants in the words Oxford Circus business owners use, not in accountant's shorthand, and we show our working so you can check it.

Nothing is filed for Oxford Circus 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.

Local facts

About Oxford Circus

Oxford Circus is in Central London, within Westminster, in the W1C postcode district, England. 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 for startup accountants
PlaceDistanceDirection
Soho, Westminster0.3 miE
Mayfair0.4 miSW
Tottenham Court Road0.4 miE
Piccadilly, Westminster0.5 miSE
Marylebone High Street0.5 miNW
Chinatown0.5 miSE
Fitzrovia0.5 miN
St Giles0.5 miE

Worth knowing

Rules that come up in this work

Employer National Insurance

Employers pay National Insurance at 15% on each employee's earnings above the £5,000 secondary threshold, following the April 2025 changes. The Employment Allowance offsets up to £10,500 of this for eligible employers, which for a small team often removes the liability entirely, but companies where the director is the only employee do not qualify.

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

Dormancy is a status that is easy to lose. The strict rule is no accounting transactions other than share capital and Companies House fees, which means no bank account activity at all in practice. Fees should be paid personally by the director. A company that traded and has stopped becomes dormant only after its final trading accounts and tax return are filed and HMRC is told.

The trading and property allowances

Small side incomes are covered by two £1,000 allowances, one for trading and one for property, which remove the need to register or report income below that level. Once income exceeds £1,000, the allowance can be used in place of expenses, a choice worth making deliberately: a freelancer with £900 of costs is better off with the allowance, one with £3,000 is not.

Crypto records and reporting

Most crypto holders have taxable events they do not recognise, because every swap is a disposal even when no pounds change hands. The computation requires the complete transaction history from every exchange and wallet, pooled by asset with HMRC's matching rules applied. Exchange-generated tax reports are frequently wrong because they cannot see transfers between a user's own wallets.

The 60-day property CGT return

Since April 2020 a gain on UK residential property must be reported and the tax paid within 60 days of completion through HMRC's dedicated service, separately from the annual return. Non-residents must report all UK land disposals in the same window whether or not tax is due. Getting the computation right first time matters because the figure is then carried into the Self Assessment.

Record keeping

HMRC requires records of all income and expenses, bank statements, invoices and receipts to be kept for at least five years after the 31 January filing deadline of the tax year they relate to, and companies must keep records for six years from the end of the accounting period. Digital copies are acceptable. Under Making Tax Digital the records must be kept in compatible software.

Questions

Startup Accountants questions from Oxford Circus

Can I switch to you from another accountant mid-year?

Yes. We request your records and professional clearance from the previous firm, pick up the bookkeeping where they left off and take over the filings. There is no charge for the switch and the first month's fee is the same as any other.

What if the startup fails?

Then the company needs to be closed properly: final accounts, final CT600, deregistration from VAT and PAYE, and a strike-off application or, if there are debts it cannot pay, a formal insolvency process. Our strike-off service with final accounts is from £349. SEIS investors can claim loss relief, which softens their outcome.

Should I register for VAT before I have to?

If your customers are VAT-registered businesses, early voluntary registration lets you reclaim VAT on setup costs with no real cost to customers. If you sell to consumers, registration adds 20% to your price or cuts your margin, so waiting until the £90,000 threshold is usually better. We model it for your business.

How should co-founders be paid?

Early on, often not at all, with equity as the reward. Once the company can afford it, a modest salary through payroll keeps National Insurance records intact and is deductible. Dividends require distributable profits, which loss-making startups do not have. Director's loans are a trap. We set the structure to suit the cash position.

What does the £59 Launch package include?

Company formation with the Companies House £100 fee passed on separately, Corporation Tax and PAYE registration, a registered office if you want one, cloud software set up, the first confirmation statement and the first set of accounts and CT600 filed. It is for founders who will keep their own books in the early months.

When do I need Grow or Scale?

Grow at £99 adds monthly bookkeeping and quarterly VAT returns, and suits most startups once transactions and VAT registration arrive. Scale at £149 adds payroll for founders and first hires with auto-enrolment, plus quarterly management accounts for the board or investors. You can move between packages at any month end.

Do you have an office in Oxford Circus?

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

Is startup accountants in Oxford Circus really the same price as elsewhere?

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

Let us take the deadlines off your plate in Oxford Circus

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