Accounting

Freelancer Accountants · South London

Freelancer accountants in Sutton Green, Sutton

Freelancer accountants for Sutton Green who will tell you honestly whether you should be a sole trader or a company, and then run whichever you choose for a fixed monthly fee. Making Tax Digital for the self-employed is now live for higher earners and arriving for the rest; our clients are set up for it before their start date arrives.

from £45/mo · fixed, per month

Next deadlines

  • Online Self Assessment filing deadline and balancing payment due
  • Making Tax Digital for Income Tax: quarterly updates for sole traders and landlords over £50,000 (from April 2026) and over £30,000 (from April 2027)
  • Second payment on account due
  • Companies House accounts due 9 months after your year end (a 31 December year end files by 30 September)

Who this is for

Freelancer Accountants for Sutton Green

Freelancers and independent professionals in Sutton Green, Sutton: designers, developers, writers and editors, marketers, photographers and videographers, consultants, translators, musicians and performers, tutors and coaches, whether trading as a sole trader, through a limited company, or still deciding, and whether full time or alongside employment.

What is included

Everything inside the fixed fee

  • Monthly bookkeeping from your bank feed with invoices and expenses captured by phone
  • Self Assessment with the self-employment pages for sole trader freelancers, or accounts, CT600 and payroll for company freelancers
  • Expense review for the costs freelancers miss: home office, equipment, software, subscriptions, training, travel
  • Payments on account and a monthly set-aside figure so the January bill is never a surprise
  • Making Tax Digital readiness and quarterly updates when your income reaches the threshold
  • A going-freelance starter session covering structure, registration, pricing for tax and what to keep

How it works

Freelancer Accountants from Sutton Green, Sutton, step by step

  1. 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.

  2. Agree the price

    The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.

  3. 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.

  4. 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 Sutton Green

The price for freelancer accountants is published on this page and is what a client in Sutton Green pays. We confirm it in writing first, and the invoice matches the quote.

Nothing for Sutton Green is left to the last week. Each deadline relevant to freelancer accountants is tracked from the day you join, with the next four shown on every page we send you.

Online only, UK based. There is no office in Sutton Green 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.

You get one contact for freelancer accountants, not a queue. Sutton Green, Sutton clients message the same person throughout and get an answer in working hours, usually within a few hours.

The output for Sutton Green 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 freelancer accountants.

Nothing is filed for Sutton Green 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 Sutton Green, Sutton

Sutton Green, Sutton is in South London, within Sutton, in the SM1 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.

Nearby places we also serve for freelancer accountants
PlaceDistanceDirection
Benhilton0.2 miE
Sutton North0.3 miN
Sutton Common, Sutton0.3 miN
Sutton Central0.4 miSE
Sutton Town Centre0.6 miS
Sutton West0.7 miSW
Stonecot0.8 miNW
Rosehill, Sutton0.9 miN

Worth knowing

Rules that come up in this work

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.

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.

Closing a company

A solvent company that has finished its purpose can be dissolved by voluntary strike-off: form DS01 with a £13 Companies House fee, after three months without trading and with all debts paid, final accounts and tax return filed, and assets distributed. HMRC objects to any application where returns or tax are outstanding, so the sequence matters more than the form.

Making Tax Digital for Income Tax

The biggest change to Self Assessment in a generation is Making Tax Digital for Income Tax, now live for higher-earning sole traders and landlords and arriving for the rest in stages. Quarterly updates are due by 7 August, 7 November, 7 February and 7 May, built from digital records. The practical consequence is that spreadsheet-and-shoebox bookkeeping is ending for anyone above the threshold.

Switching accountants

The main reasons people switch accountant are surprise invoices, missed deadlines and not understanding what they are being told. Switching involves a clearance letter between the firms, a transfer of records and agent authorisations, and a short handover of the current position. It takes about two weeks and should cost nothing extra.

Late filing penalties

Lateness is expensive in a way that compounds. For individuals, £100 immediately, then daily penalties, then percentage-based ones at six and twelve months, with interest running on unpaid tax throughout. For companies, Companies House penalties scale with delay and double on repeat, and HMRC adds its own for a late CT600. Filing on time is the cheapest tax planning there is.

The trading and property allowances

The first £1,000 of trading income and, separately, the first £1,000 of property income each year is tax free under the trading and property allowances. Below those figures no return is needed for that income. Above them you can deduct the £1,000 allowance instead of actual expenses if that is better, which suits side businesses and single-room lets with few costs.

Questions

Freelancer Accountants questions from Sutton Green

How do you handle irregular and overseas income?

Irregular income is normal for freelancers and the monthly summary shows the year-to-date position so lean months are planned for. Overseas clients are invoiced without UK VAT in most cases, and any foreign tax withheld can usually be credited against your UK liability. Both are handled within the package.

Do I need to register for VAT?

Only when your taxable turnover in any rolling 12 months exceeds £90,000, or voluntarily before that. Many freelancers with business clients register voluntarily to reclaim VAT on equipment; those with consumer clients usually wait. We monitor your rolling turnover and advise before the threshold is reached.

What expenses can freelancers claim?

A proportion of home costs for the space and hours you work there, or HMRC's flat rate; equipment and software; professional subscriptions and insurance; training that maintains existing skills; business travel other than commuting; marketing and website costs; bank charges; and the business share of phone and internet. We review your categories every month.

How much should I set aside for tax?

For a sole trader, roughly 20% to 30% of profit covers income tax and Class 4 National Insurance at basic rate, more at higher rate, plus payments on account in the first year they apply. We give you a specific monthly figure based on your actual profit each month, which is more useful than a rule of thumb.

I have a job and freelance on the side. How does that work?

Your employment is taxed through PAYE and your freelance profit is added on top through Self Assessment, usually at your marginal rate. If freelance income is under £1,000 the trading allowance means no return is needed. Above that, register by 5 October after the tax year you started. Our package covers the whole return including the employment pages.

Can I claim for my laptop and camera?

Yes. Equipment used for the business qualifies for capital allowances, usually the annual investment allowance giving full relief in the year of purchase, restricted for private use. Under the cash basis equipment is simply an expense when paid. Items bought before you started can be brought in at market value.

Is freelancer accountants in Sutton Green really the same price as elsewhere?

Yes. The fee published on this page is what a client in Sutton Green, Sutton 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.

Do you have an office in Sutton Green?

No. IGI Accounting is an online-only firm. We serve Sutton Green, Sutton 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 freelancer accountants is the same in Sutton Green as anywhere else in the country, and why there is nothing to visit and nothing to print.

Get a fixed quote for Sutton Green today

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