East London · England
Accountants in Stepney, Tower Hamlets
IGI Accounting serves businesses and individuals in Stepney, Tower Hamlets 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 Stepney, 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 Stepney and what it costs
All 26 services below are available to Stepney, Tower Hamlets clients at the published fee. Every fee is fixed and confirmed in writing before work starts.
Why IGI
Working with Stepney businesses
An online firm suits Stepney 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 Stepney, Tower Hamlets clients the published fee and nothing more, with every submission approved by you before it goes.
We explain self assessment tax returns in the words Stepney, Tower Hamlets business owners use, not in accountant's shorthand, and we show our working so you can check it.
Nothing is filed for Stepney 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.
Online only, UK based. There is no office in Stepney to pay for, which is why the fee is the same here as anywhere in England; the work is done by people in the UK who answer the same day.
Local facts
About Stepney, Tower Hamlets
Stepney, Tower Hamlets sits in East London, within Tower Hamlets (Stepney Green ward), postcode district E1. 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 |
|---|---|---|
| St. Dunstan's and Stepney Green | 0.1 mi | E |
| Ratcliff | 0.4 mi | S |
| Tower Hamlets, East London | 0.5 mi | E |
| East London | 0.5 mi | NE |
| Limehouse | 0.6 mi | SE |
| Bethnal Green South | 0.6 mi | NW |
| Mile End and Globe Town | 0.6 mi | N |
| Shadwell, Tower Hamlets | 0.6 mi | SW |
All places in East London · East London places beginning with S
Worth knowing
Rules that affect most businesses here
Dormant companies
Companies formed to protect a name or hold a future business are dormant but not exempt: Companies House still expects dormant accounts within nine months of the year end and a confirmation statement annually with its £50 fee, and HMRC must be told the company is dormant or it will demand Corporation Tax returns. The filings are short, but the penalties for missing them are the same as for a trading company.
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.
The trading and property allowances
Not every small income needs a tax return. The trading allowance exempts the first £1,000 of self-employment or casual income and the property allowance does the same for rental income, each measured on gross receipts. They cannot be combined with rent-a-room relief on the same income, and claiming the allowance means giving up the expense deduction for that source.
CIS deductions
Under the Construction Industry Scheme, contractors deduct 20% from a registered subcontractor's labour invoices, or 30% if unregistered, and pay it to HMRC. The subcontractor reclaims the deductions against their actual tax through Self Assessment, usually producing a refund because deductions are on turnover while tax is on profit. Contractors file a monthly return by the 19th.
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.
Questions
Questions from Stepney
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 Stepney 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 Stepney. 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.
Which services are available in Stepney?
Every service on this page is available to businesses and individuals in Stepney, Tower Hamlets, 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 Stepney 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 Stepney, Tower Hamlets 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.
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 Stepney 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 Stepney, Tower Hamlets?
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 Stepney clients are set up within a day.
One message from Stepney, one fixed price
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.