Making Tax Digital · West London
Making Tax Digital accountants in Syon
If you have had a letter from HMRC about Making Tax Digital in Syon, or you are not sure whether your income puts you in the first wave, this is the service. We assess your position, set up the digital records and handle every quarterly deadline for clients across West London, online, at a fee agreed before we start.
from £99 · fixed setup, then from £35/quarter
Next deadlines
- MTD quarterly update deadline (7 August, 7 November, 7 February, 7 May)
- 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
Who this is for
Making Tax Digital for Syon
Sole traders and landlords in Syon with qualifying income over £50,000 who are already in MTD for Income Tax, those over £30,000 joining in April 2027 and £20,000 planned for April 2028, VAT-registered businesses still filing from spreadsheets or non-compliant software, and anyone who received an HMRC letter about digital record keeping and wants it handled rather than explained.
What is included
Everything inside the fixed fee
- Your MTD start date confirmed from your 2024/25 qualifying income and HMRC's phased thresholds
- MTD-compatible software chosen, set up and connected to HMRC with digital links from bank feeds
- Digital record keeping configured so every transaction meets the requirements without re-keying
- Quarterly updates submitted to HMRC by the 7th following each quarter, from your reconciled records
- The year-end final declaration prepared and filed in place of the traditional Self Assessment return
- MTD for VAT setup and the first return filed for businesses still on spreadsheets or old software
How it works
Making Tax Digital from Syon, step by step
Tell us your situation
A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.
Fixed fee in writing
You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.
Send records, review the draft
Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.
We file, you get the receipts
Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.
Why IGI
Why Syon businesses file with IGI
The price for making tax digital is published on this page and is what a client in Syon pays. We confirm it in writing first, and the invoice matches the quote.
Deadline-first: the dates that matter for making tax digital are shown at the top of this page, diarised for every Syon client and chased before they arrive.
Online only, UK based. There is no office in Syon 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.
Continuity matters in making tax digital: the person who prepared last year's work for your Syon business prepares this year's, and remembers what was agreed.
The output for Syon 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 making tax digital.
Approval before filing is a rule, not a courtesy. For making tax digital in Syon, every submission to HMRC or Companies House follows your written go-ahead.
Local facts
About Syon
Syon is in West London, within Hounslow, in the TW8 postcode district, England. 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 |
|---|---|---|
| Brentford Lock | 0.4 mi | NE |
| Brentford | 0.6 mi | N |
| Isleworth | 0.8 mi | SW |
| Kew Gardens | 0.8 mi | SE |
| North Richmond | 1 mi | SE |
| Spring Grove, Hounslow | 1 mi | W |
| Boston Manor | 1 mi | N |
| Kew Green | 1 mi | E |
Worth knowing
Rules that come up in this work
Confirmation statements and identity verification
The confirmation statement is the annual check that the public register is right: officers, registered office, SIC codes, shareholders and the PSC register. It carries a £50 fee and no financial penalty for lateness, but failure to file leads to compulsory strike-off. The identity verification regime introduced in November 2025 has added a further check to every statement.
Crypto records and reporting
HMRC treats cryptoassets as property. Swapping one token for another, spending crypto or gifting it are all disposals for Capital Gains Tax, and staking and lending rewards are income. Gains are computed under pooling rules with same-day and 30-day matching. From 2026 HMRC receives data from exchanges worldwide under the Cryptoasset Reporting Framework, so unreported activity is increasingly visible.
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.
The 60-day property CGT return
Selling UK residential property that was not your main home for the whole period of ownership triggers a separate Capital Gains Tax return, due within 60 days of completion along with payment of the tax. This is in addition to the annual Self Assessment. The gain is taxed at 18% or 24% depending on your income band, after the £3,000 annual exempt amount.
Record keeping
HMRC requires records of all income and expenses, bank statements, invoices and receipts to be kept for at least five years after the 31 January filing deadline of the tax year they relate to, and companies must keep records for six years from the end of the accounting period. Digital copies are acceptable. Under Making Tax Digital the records must be kept in compatible software.
Allowable expenses
The expenses sole traders most often miss are home working costs, claimed by actual proportion or HMRC's flat rate, the business share of phone and internet, mileage at 45p for the first 10,000 business miles, and training that maintains existing skills. The ones most often claimed wrongly are commuting, entertaining customers and clothes that could be worn outside work.
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
Making Tax Digital questions from Syon
What is the full MTD service?
From £299 a year: software subscription guidance, digital record review each quarter, the four quarterly updates submitted, and the year-end final declaration prepared and filed with capital allowances, adjustments and all other income included. It replaces the traditional Self Assessment fee for clients in MTD. Bookkeeping can be added if you would rather not do the recording.
Can I do MTD myself without an accountant?
Yes, if you are comfortable keeping the records digitally and submitting four updates and a declaration each year on time. Many sole traders do. The value we add is in the setup being right, the categories mapping correctly to HMRC's lines, the deadlines never being missed and the year-end declaration including the adjustments and allowances that reduce your tax.
What are the penalties under MTD?
A points-based system: one point for each late quarterly update or declaration, and a £200 penalty once you reach four points, with the count resetting after a period of compliance. Late payment penalties start at 3% after 15 days. The first year has been described by HMRC as light-touch, but points still accrue.
I am a landlord with a job. Does MTD apply to my rental income?
Yes, if your gross rental income, added to any self-employment income, exceeds the threshold for your start year. Employment income does not count towards the threshold but is reported in the final declaration. Jointly owned property has simplified rules allowing the income-only reporting of your share each quarter.
What is in a quarterly update?
Totals of income and expenses for the quarter by category, taken straight from the digital records. No accounting adjustments, no tax calculation and no payment. The updates are cumulative, so an error in one quarter is corrected in the next. From £35 a quarter we prepare, review and submit each one from your records.
Does MTD change when I pay tax?
No. Payments on account remain due on 31 January and 31 July, and the balancing payment on 31 January after the tax year. HMRC shows an estimated liability after each quarterly update, which is useful for setting money aside, but it is not a demand.
Do you have an office in Syon?
No. IGI Accounting is an online-only firm. We serve Syon 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 making tax digital is the same in Syon as anywhere else in the country, and why there is nothing to visit and nothing to print.
Is making tax digital in Syon really the same price as elsewhere?
Yes. The fee published on this page is what a client in Syon 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 Syon
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.