Accounting

South East · England

Accountants in Park Gate, Fareham

If you run a business or have a tax return to file in Park Gate, Fareham, 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 South East. We serve Park Gate 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 Park Gate and what it costs

The eight core services below each have a page for Park Gate, Fareham; 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 Gate businesses

An online firm suits Park Gate because the things that matter in accounting, accuracy, deadlines, clear explanations and a known price, do not depend on geography. What does depend on geography is overhead, and by not carrying it we charge Park Gate, Fareham clients the published fee and nothing more, with every submission approved by you before it goes.

Continuity matters in self assessment tax returns: the person who prepared last year's work for your Park Gate business prepares this year's, and remembers what was agreed.

Online only, UK based. There is no office in Park Gate to pay for, which is why the fee is the same here as anywhere in England; the work is done by people in the UK who answer the same day.

We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Park Gate, Fareham get reminders at 60, 30 and 7 days before each date that applies to self assessment tax returns.

Local facts

About Park Gate, Fareham

Park Gate, Fareham sits in South East. 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.

Nearby places we also serve
PlaceDistanceDirection
Beacon Bottom0.3 miNE
Sarisbury0.3 miW
Sarisbury Green0.6 miW
Swanwick0.6 miN
Locks Heath0.9 miSE
Whiteley, Fareham0.9 miE
Lower Swanwick1 miNW
Swanwick, Lower1 miNW

All places in South East · South East places beginning with P

Worth knowing

Rules that affect most businesses here

Director's loan accounts

A director's loan account records money moving between a director and the company that is not salary or dividend. If the director owes the company money nine months and one day after the year end, the company pays section 455 tax at 35.75% of the balance, refundable only when the loan is repaid. Loans over £10,000 are also a benefit in kind unless interest is charged at HMRC's official rate.

Salary versus dividends

The salary-and-dividend split is the central planning decision for an owner-managed company. Salary costs employer National Insurance above £5,000 but is deductible; dividends are not deductible but attract lower personal rates and no National Insurance. The optimum changes each April with the thresholds and depends on the director's other income, so it should be set deliberately every year.

Corporation Tax rates and marginal relief

Since April 2023 there have been two Corporation Tax rates, 19% small profits and 25% main, with marginal relief smoothing the transition between £50,000 and £250,000 of profit. The band is where planning matters: each pound of profit in it is taxed at an effective 26.5%, so pension contributions and capital expenditure timed to keep profit below £50,000 are worth more than they look.

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.

Closing a company

Striking off a company is cheap but must be done in order: stop trading, file the final accounts and CT600, pay the tax, close VAT and PAYE, distribute the remaining assets, close the bank account, then apply. Anything left in the company at dissolution passes to the Crown. Distributions up to £25,000 are taxed as capital gains; above that a formal liquidation is usually needed to keep capital treatment.

Questions

Questions from Park Gate

Why are the fees the same in Park Gate as in London?

Because the cost of an accountant is mostly premises and that is a cost we do not have. The work is done online by UK-based staff, so a client in Park Gate, Fareham pays exactly the published fee, as does a client in central London or a Highland village. The fee is confirmed in writing before anything starts.

Which services are available in Park Gate?

Every service on this page is available to businesses and individuals in Park Gate, Fareham, at the fee shown. Core compliance work, accounts, tax returns, bookkeeping, VAT, payroll and company formation, is listed with its own local page. Specialist services such as R&D, crypto tax and HMRC enquiry support are national services delivered the same way from anywhere in the UK.

I already have an accountant in Park Gate. How hard is it to switch?

It takes about two weeks and costs nothing extra. You authorise us, we write to your current accountant for professional clearance and your records, and we transfer the agent authorisations. We pick up the next filing without a gap. You do not need to wait for a year end, and we tell you honestly if switching mid-job would be awkward.

Can you deal with HMRC and Companies House for me?

Yes. Once you authorise us as your agent, HMRC and Companies House correspond with us about the filings we make for your Park Gate business, and we can see your accounts and respond on your behalf. Authorisation is free and takes a few days to activate. Routine correspondence about work we have filed is handled at no extra charge.

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

Yes. The fee published on this page is what a client in Park Gate, Fareham 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 Park Gate?

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

Fixed fees, filed on time, for Park Gate

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