Startup Accountants · West Midlands
Startup accountants in Rugby
Founders in Rugby have better things to do than learn Corporation Tax. We take the compliance off the table from the start: company formed properly, registrations done, books set up in software that will scale, and the first-year deadlines tracked so nothing is missed while you build. Monthly fixed fee, cancel with a month's notice.
from £59/mo · fixed, per month
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
Who this is for
Startup Accountants for Rugby
New and early-stage companies in Rugby: founders incorporating for the first time, technology and product startups preparing to raise seed investment, service businesses moving from side project to full time, two or three co-founders who need the equity and payroll structured properly, and companies in their first two years who set up alone and want it done properly now.
What is included
Everything inside the fixed fee
- Company formation and HMRC registrations in the Launch package, or a review of what has already been set up
- Cloud bookkeeping configured for a growing business, with bank feeds and expense capture from day one
- Annual accounts and Corporation Tax return, with first-period and long-period rules handled
- VAT registration timing advised and quarterly returns run in the Grow and Scale packages
- Payroll for founders and first hires, with auto-enrolment, in the Scale package
- SEIS and EIS advance assurance applications prepared for founders raising investment
How it works
Startup Accountants from Rugby, step by step
Scope the job
We find out what you need filed, when it is due and what state the records are in, and tell you which fixed-fee package applies.
Agree the price
The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.
Hand over the records
Photographs, PDFs, software access or a spreadsheet, sent however suits you. We confirm what we have and what is missing within two working days.
Approve, then we submit
You review the draft with our explanation, sign off, and we file. Receipts, copies and the next deadlines come back to you immediately.
Why IGI
The IGI way of working, in Rugby
The price for startup accountants is published on this page and is what a client in Rugby pays. We confirm it in writing first, and the invoice matches the quote.
Nothing for Rugby is left to the last week. Each deadline relevant to startup accountants is tracked from the day you join, with the next four shown on every page we send you.
No appointments, no travel across West Midlands, no parking. Everything for startup accountants in Rugby happens online, with a real person on the other end during UK working hours.
A named person handles your startup accountants from Rugby and knows the file, so you are not re-explaining your business to a different helpdesk each time.
The output for Rugby clients is never just a form. It is the form, a one-page summary of what it says, and a note of the decisions it points to for startup accountants.
Nothing is filed for Rugby until you have reviewed and approved it. You see the draft, you ask questions, you sign off, then we submit and send you the receipt.
Local facts
About Rugby
Rugby is in West Midlands, in the CV21 postcode district, England. 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.
| Place | Distance | Direction |
|---|---|---|
| Bilton, New | 0.8 mi | W |
| New Bilton | 0.8 mi | W |
| Croop Hill | 0.9 mi | W |
| Overslade | 1 mi | SW |
| Brownsover | 1 mi | NE |
| Bilton, Rugby | 1 mi | SW |
| Hillmorton Paddock | 2 mi | SE |
| Newbold on Avon | 2 mi | NW |
Worth knowing
Rules that come up in this work
CIS deductions
CIS turns construction subcontractors into advance taxpayers: a fifth of every labour payment goes to HMRC before they see it. Registering keeps the rate at 20% rather than 30%; gross payment status, for established businesses with a clean record, removes deductions altogether. The annual return is where the overpayment comes back, and filing it early brings the refund sooner.
Confirmation statements and identity verification
Companies House has tightened its requirements under the Economic Crime and Corporate Transparency Act: every company needs a registered email address and an appropriate registered office, every statement includes a lawful-purpose declaration, and every director and PSC must verify their identity. The confirmation statement, due annually with a £50 fee, is where most of this is confirmed.
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
VAT registration is compulsory once taxable turnover in any rolling twelve-month period exceeds £90,000, or when you expect to exceed that in the next thirty days alone. The test is rolling, not by tax year, and includes zero-rated sales. Businesses regularly cross it without noticing, and late registration means accounting for VAT on sales where it was never charged to customers.
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
Paying yourself from a company involves two routes with different tax treatment. Salary through payroll is a company expense and builds a National Insurance record; dividends come from post-tax profit at lower personal rates. Undocumented drawings that are neither become director's loans, with a 35.75% section 455 charge if not repaid within nine months of the year end.
Payments on account
A common surprise in Self Assessment is the January payment that is far larger than expected. That is the balancing payment for the year just ended plus the first payment on account for the year ahead, which HMRC sets at half of the bill just calculated. We put the figure in your hands months ahead and tell you how to adjust it legitimately when circumstances change.
Questions
Startup Accountants questions from Rugby
How should co-founders be paid?
Early on, often not at all, with equity as the reward. Once the company can afford it, a modest salary through payroll keeps National Insurance records intact and is deductible. Dividends require distributable profits, which loss-making startups do not have. Director's loans are a trap. We set the structure to suit the cash position.
Should I register for VAT before I have to?
If your customers are VAT-registered businesses, early voluntary registration lets you reclaim VAT on setup costs with no real cost to customers. If you sell to consumers, registration adds 20% to your price or cuts your margin, so waiting until the £90,000 threshold is usually better. We model it for your business.
When do I need Grow or Scale?
Grow at £99 adds monthly bookkeeping and quarterly VAT returns, and suits most startups once transactions and VAT registration arrive. Scale at £149 adds payroll for founders and first hires with auto-enrolment, plus quarterly management accounts for the board or investors. You can move between packages at any month end.
What does the £59 Launch package include?
Company formation with the Companies House £100 fee passed on separately, Corporation Tax and PAYE registration, a registered office if you want one, cloud software set up, the first confirmation statement and the first set of accounts and CT600 filed. It is for founders who will keep their own books in the early months.
Can I claim startup costs incurred before incorporation?
Yes. Pre-trading expenses incurred up to seven years before the company started trading, which would have been deductible if incurred while trading, are treated as incurred on the first day of trading. Keep the receipts. Equipment you bring in can be transferred to the company at market value.
When are a new company's first filings due?
The first confirmation statement is due within 14 days of the first anniversary of incorporation. The first accounts are due 21 months after incorporation. Corporation Tax is due nine months and one day after the first accounting period ends, and the first period is often longer than a year, which creates two CT600s. We handle the split.
How do I get started from Rugby?
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 startup accountants. Once you confirm, we tell you exactly which records to send and the work begins. Most Rugby clients are set up within a day.
Which deadlines matter most for startup accountants?
The next four dates that apply to startup accountants are shown at the top of this page, calculated from today. For Rugby 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.
Fixed fees, filed on time, for Rugby
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.