Accounting

North West · England

Accountants in Prospect, North West

IGI Accounting serves businesses and individuals in Prospect, North West 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 Prospect, 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 Prospect and what it costs

The eight core services below each have a page for Prospect, North West; 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 Prospect businesses

An online firm suits Prospect 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 Prospect, North West clients the published fee and nothing more, with every submission approved by you before it goes.

We serve Prospect, North West 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.

A named person handles your self assessment tax returns from Prospect and knows the file, so you are not re-explaining your business to a different helpdesk each time.

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

Local facts

About Prospect, North West

Prospect, North West sits in North West. 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
Distington0.3 miNW
Townhead, Cumberland0.4 miNW
Common End, Cumberland0.5 miSW
Common Side, Cumberland0.5 miSW
Barfs0.7 miNW
Pica1.0 miSE
Gillgarran1 miE
Gilgarran1 miE

All places in North West · North West places beginning with P

Worth knowing

Rules that affect most businesses here

Switching accountants

You can switch accountant at any point in the year. The new firm requests clearance and your records from the old one, which cannot withhold your own documents though it may hold its own working papers until its fees are settled. Agent authorisations with HMRC and Companies House are transferred, and the next deadline is picked up without a gap.

Closing a company

Voluntary strike-off is available only to solvent companies. One that owes money it cannot pay needs a creditors' voluntary liquidation through a licensed insolvency practitioner, and directors who dissolve an insolvent company face personal consequences. For a solvent company the process takes three to four months from filing the DS01, with notice to creditors and shareholders within seven days.

Record keeping

Record keeping is a legal obligation with a penalty of up to £3,000 for failure, but its real value is in making every other filing cheaper and more defensible. Keep invoices, receipts, bank statements, mileage logs and any HMRC correspondence, digitally if you like, for five years after the relevant filing deadline for individuals and six years for companies and VAT.

Allowable expenses

An expense is allowable against trading profit if it is incurred wholly and exclusively for the business. Materials, business travel other than ordinary commuting, a proportion of home running costs, software, insurance, professional fees, bank charges and protective clothing qualify. Client entertainment, ordinary clothing, fines and the private share of mixed-use costs do 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.

Questions

Questions from Prospect

How quickly do you respond?

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

What if my Prospect 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 Prospect, North West: records in, draft out, approve, filed.

Do you work with businesses in North West that are not in Prospect itself?

Yes. Every place in North West 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 Prospect 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 Prospect, North West?

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 Prospect clients are set up within a day.

One message from Prospect, 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