South East London · England
Accountants in Petts Wood
Businesses in Petts Wood 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 Petts Wood at the published fee, which is the same across England. 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 Petts Wood and what it costs
All 26 services below are available to Petts Wood clients at the published fee. Every fee is fixed and confirmed in writing before work starts.
Why IGI
Working with Petts Wood businesses
We built the service around what business owners in places like Petts Wood 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 Petts Wood clients.
One fixed fee for self assessment tax returns in Petts Wood, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.
Nothing for Petts Wood is left to the last week. Each deadline relevant to self assessment tax returns is tracked from the day you join, with the next four shown on every page we send you.
We serve Petts Wood 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 self assessment tax returns.
Local facts
About Petts Wood
Petts Wood sits in South East London, within Bromley (Petts Wood & Knoll ward), postcode district BR5. 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.
| Place | Distance | Direction |
|---|---|---|
| Petts Wood and Knoll | 0.4 mi | S |
| Broom Hill, Bromley | 1 mi | SE |
| Poverest | 1 mi | E |
| Cray Valley West | 1 mi | NE |
| Chislehurst | 1 mi | N |
| Orpington | 1 mi | SE |
| Orpington Town Centre | 1 mi | SE |
| St Mary Cray | 2 mi | E |
All places in South East London · South East London places beginning with P
Worth knowing
Rules that affect most businesses here
CIS deductions
The Construction Industry Scheme affects both sides of a construction payment. Contractors must verify subcontractors, deduct the right amount, issue statements and file monthly, with penalties from £100 for each late return. Subcontractors suffer deductions on turnover and recover the excess at the year end. Limited company subcontractors offset deductions against PAYE monthly instead.
Switching accountants
Changing accountant is simpler than most people fear. You authorise the new firm, which writes to the old one for professional clearance and your records; the outgoing accountant must hand over your own documents and usually does within two weeks. The new firm registers as your agent with HMRC and picks up the next filing. There is no need to wait for a year end.
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.
Crypto records and reporting
HMRC treats cryptoassets as property. Swapping one token for another, spending crypto or gifting it are all disposals for Capital Gains Tax, and staking and lending rewards are income. Gains are computed under pooling rules with same-day and 30-day matching. From 2026 HMRC receives data from exchanges worldwide under the Cryptoasset Reporting Framework, so unreported activity is increasingly visible.
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.
Questions
Questions from Petts Wood
Which services are available in Petts Wood?
Every service on this page is available to businesses and individuals in Petts Wood, 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.
Why are the fees the same in Petts Wood 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 Petts Wood 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.
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 Petts Wood 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.
I already have an accountant in Petts Wood. 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.
Do you have an office in Petts Wood?
No. IGI Accounting is an online-only firm. We serve Petts Wood 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 Petts Wood as anywhere else in the country, and why there is nothing to visit and nothing to print.
Is self assessment tax returns in Petts Wood really the same price as elsewhere?
Yes. The fee published on this page is what a client in Petts Wood 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.
One message from Petts Wood, one fixed price
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.