Accounting

Wales · Wales

Accountants in Penmorwdd

Businesses in Penmorwdd 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 Penmorwdd 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 Penmorwdd and what it costs

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

Clients in Penmorwdd 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 Penmorwdd 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 Penmorwdd 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 Penmorwdd pays. We confirm it in writing first, and the invoice matches the quote.

Local facts

About Penmorwdd

Penmorwdd sits in Wales. 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
Rhosbeirio0.5 miE
Carrog, Isle of Anglesey0.8 miNW
Bodewryd1 miE
Llanfechell1 miW
Carreglefn1 miS
Betws, Isle of Anglesey2 miN
Cemaes Bay2 miNW
Cromlech2 miW

All places in Wales · Wales places beginning with P

Worth knowing

Rules that affect most businesses here

Switching accountants

The main reasons people switch accountant are surprise invoices, missed deadlines and not understanding what they are being told. Switching involves a clearance letter between the firms, a transfer of records and agent authorisations, and a short handover of the current position. It takes about two weeks and should cost nothing extra.

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.

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

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.

Questions

Questions from Penmorwdd

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

Do you work with businesses in Wales that are not in Penmorwdd 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 Penmorwdd 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 Penmorwdd clients on monthly packages.

Do you have an office in Penmorwdd?

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

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

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

One message from Penmorwdd, 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