West London · England
Accountants in South Kensington
Businesses in South Kensington 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 South Kensington 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 South Kensington and what it costs
All 26 services below are available to South Kensington clients at the published fee. Every fee is fixed and confirmed in writing before work starts.
Why IGI
Working with South Kensington businesses
An online firm suits South Kensington 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 South Kensington clients the published fee and nothing more, with every submission approved by you before it goes.
Plain English, with the numbers. Every draft for South Kensington 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 South Kensington 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 South Kensington pays. We confirm it in writing first, and the invoice matches the quote.
Local facts
About South Kensington
South Kensington sits in West London, within Kensington and Chelsea (Queen's Gate ward), postcode district SW7. 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 |
|---|---|---|
| Queen's Gate | 0.2 mi | NW |
| Courtfield, Kensington and Chelsea | 0.2 mi | S |
| Brompton, Kensington and Chelsea | 0.3 mi | SE |
| Earl's Court | 0.5 mi | SW |
| Redcliffe | 0.6 mi | S |
| St Luke's | 0.7 mi | SE |
| Kensington, Kensington and Chelsea | 0.7 mi | W |
| Knightsbridge, Westminster | 0.8 mi | NE |
All places in West London · West London places beginning with S
Worth knowing
Rules that affect most businesses here
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.
Confirmation statements and identity verification
Every company must file a confirmation statement at least once a year, within fourteen days of its review date, with a £50 Companies House fee. Since November 2025 directors and people with significant control must also verify their identity with Companies House, and the confirmation statement is where existing officers confirm they have done so during the transition year.
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.
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.
Director's loan accounts
The most common tax problem in owner-managed companies is an overdrawn director's loan account: drawings taken during the year that were never declared as dividends or salary. The company faces a 35.75% charge on the balance outstanding nine months after the year end, and the director may have a benefit in kind. We review the account before every year end to clear it properly.
Questions
Questions from South Kensington
What if my South Kensington 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 South Kensington: records in, draft out, approve, filed.
Do you work with businesses in West London that are not in South Kensington itself?
Yes. Every place in West London 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.
How quickly do you respond?
In UK working hours, usually within a few hours and always the same working day. Each South Kensington 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 South Kensington clients on monthly packages.
Do you have an office in South Kensington?
No. IGI Accounting is an online-only firm. We serve South Kensington 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 South Kensington as anywhere else in the country, and why there is nothing to visit and nothing to print.
Is self assessment tax returns in South Kensington really the same price as elsewhere?
Yes. The fee published on this page is what a client in South Kensington 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.
Let us take the deadlines off your plate in South Kensington
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.