Accounting

East of England · England

Accountants in Park Common

IGI Accounting serves businesses and individuals in Park Common entirely online, with every fee published and fixed before work starts. Whether you are a sole trader, a landlord, a limited company director or a contractor in Park Common, the service is the same as for clients anywhere in England: records by WhatsApp or email, drafts back for approval with the figures explained, and electronic filing with HMRC and Companies House once you have signed off.

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 Park Common and what it costs

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

We built the service around what business owners in places like Park Common 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 Park Common clients.

You get one contact for self assessment tax returns, not a queue. Park Common clients message the same person throughout and get an answer in working hours, usually within a few hours.

One fixed fee for self assessment tax returns in Park Common, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.

Deadline-first: the dates that matter for self assessment tax returns are shown at the top of this page, diarised for every Park Common client and chased before they arrive.

Local facts

About Park Common

Park Common sits in East of 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
PlaceDistanceDirection
Kenninghall0.8 miSW
Dam Green0.9 miS
Hunt's Corner1 miN
Edge Green, East of England1 miSW
Banham Moor1 miN
Banham1 miNE
Kenninghall Heath2 miSW
Quidenham2 miNW

All places in East of England · East of England places beginning with P

Worth knowing

Rules that affect most businesses here

The Self Assessment calendar

The tax year runs from 6 April to 5 April. Anyone new to Self Assessment must register by 5 October after the end of the tax year in which their untaxed income began. The online return and the balancing payment are due by 31 January, with a second payment on account on 31 July where they apply. Paper returns have an earlier deadline of 31 October and are rarely sensible.

Payments on account

Payments on account catch out most people in their second year of self-employment. HMRC assumes next year's tax will match this year's and collects half in January and half in July, in advance, on top of the balancing payment. If profits are dropping you can apply to reduce them, but reducing them too far attracts interest. We calculate the right figure rather than guessing.

Late filing penalties

HMRC's penalties for a late Self Assessment return are automatic: £100 the day after 31 January, £10 a day from three months late up to £900, then the greater of £300 or 5% of the tax at six and twelve months. Interest and separate late-payment penalties apply to the tax itself. Companies House charges £150 to £1,500 for late accounts, doubling for a second consecutive year.

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.

The VAT registration threshold

The £90,000 VAT threshold is measured over any twelve consecutive months, which is why a strong quarter can tip a business over unexpectedly. Registration must follow within thirty days of the end of the month the threshold was crossed. Below the threshold, voluntary registration is worth considering when customers are VAT-registered businesses and costs carry VAT.

Questions

Questions from Park Common

How quickly do you respond?

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

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

Do you work with businesses in East of England that are not in Park Common itself?

Yes. Every place in East of England 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.

Which deadlines matter most for self assessment tax returns?

The next four dates that apply to self assessment tax returns are shown at the top of this page, calculated from today. For Park Common clients we diarise every one of them from the day you join and send reminders before each, so the work is done in good time rather than in the last week before a penalty.

How do I get started from Park Common?

Message us on WhatsApp or email with a sentence about your business and what you need. We reply in working hours with any questions and a fixed fee for self assessment tax returns. Once you confirm, we tell you exactly which records to send and the work begins. Most Park Common clients are set up within a day.

One message from Park Common, 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