East of England · England
Accountants in Toft Monks
Businesses in Toft Monks 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 Toft Monks 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 Toft Monks and what it costs
The eight core services below each have a page for Toft Monks; specialist and advisory services are delivered nationally and are listed further down. Every fee is fixed and confirmed in writing before work starts.
Why IGI
Working with Toft Monks businesses
Clients in Toft Monks are not a branch or a territory to us; they are files handled by the same team that serves the rest of the UK, at the same price. The fee you see is confirmed in writing before work starts. The dates you see are diarised and chased. And the person who prepares your first return is the person who prepares the next one.
Plain English, with the numbers. Every draft for Toft Monks 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 Toft Monks 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 Toft Monks pays. We confirm it in writing first, and the invoice matches the quote.
Local facts
About Toft Monks
Toft Monks sits in East of 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 |
|---|---|---|
| Windle Hills | 0.7 mi | S |
| Waterloo, South Norfolk South Norfolk | 0.8 mi | S |
| Bull's Green, South Norfolk | 0.8 mi | W |
| Waterheath | 0.8 mi | SE |
| Maypole Green, South Norfolk | 0.9 mi | NW |
| Stanley Hills | 1 mi | S |
| Three Cocked Hat | 1 mi | NW |
| Haddiscoe | 1 mi | NE |
All places in East of England · East of England places beginning with T
National services
Also available to Toft Monks clients
These services do not vary by location and are delivered the same way for Toft Monks as for the rest of the UK.
- Limited by Guarantee Formation from £49
- Dormant Company Formation from £29
- Non-Resident UK Company Formation from £149
- Registered Office Address from £69/yr
- Confirmation Statement Filing £33
- Company Name Change £49
- Director Appointments & Resignations £29
- PSC Register Changes £39
- SIC Code Change £39
- Registered Office Address Change £29
- VAT Registration £49
- PAYE Employer Registration £49
- UTR Registration £29
- CIS Registration £49
- Dormant Company Accounts £49
- Make a Company Dormant £44
- Company Strike-Off & Dissolution £59
- CIS Tax Returns from £30/mo
- R&D Tax Credits from £999
- Crypto Tax from £199
- Capital Gains Tax from £149
- Landlord & Property Tax from £149
- Contractor Accountants from £75/mo
- Startup Accountants from £59/mo
- E-commerce Accountants from £79/mo
- Freelancer Accountants from £45/mo
- Small Business Accountants from £65/mo
- Locum Accountants from £69/mo
- Management Accounts from £99/mo
- Tax Planning from £249
- Business Advisory from £149
- Cash-Flow Forecasting from £199
- HMRC Investigation Support from £299
- Making Tax Digital from £99
- Accounting Software Support from £99
Worth knowing
Rules that affect most businesses here
Employer National Insurance
Since April 2025 employer National Insurance has been 15% on earnings above a £5,000 secondary threshold, a substantial increase for small employers. The Employment Allowance rose to £10,500 at the same time to soften it for the smallest businesses. Directors deciding their own salary weigh this cost against the Corporation Tax deduction a salary provides.
Workplace pensions and auto-enrolment
Every employer must assess its workers for automatic enrolment from the first employee's start date. Those aged 22 to State Pension age earning over £10,000 a year must be enrolled into a qualifying pension with minimum contributions of 8% of qualifying earnings, at least 3% from the employer, and a declaration of compliance made to the Pensions Regulator within five months.
Dormant companies
A dormant company is one with no significant accounting transactions in the year, where the only permitted entries are the payment for shares on incorporation, Companies House fees and penalties. It still files a confirmation statement and simplified dormant accounts every year. A bank charge or an accountant's fee paid from the company ends dormancy and requires full accounts.
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.
Crypto records and reporting
Crypto tax splits into capital gains on disposals and income on rewards, with different rates and different reporting. The £3,000 annual exempt amount and the 18% and 24% rates apply to gains; staking, mining and airdrop income is taxed at marginal income tax rates. HMRC's nudge letters to holders have increased sharply, and a voluntary disclosure before one arrives is treated far more leniently.
Questions
Questions from Toft Monks
What if my Toft Monks 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 Toft Monks: records in, draft out, approve, filed.
Do you work with businesses in East of England that are not in Toft Monks itself?
Yes. Every place in East of England 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 Toft Monks 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 Toft Monks clients on monthly packages.
Do you have an office in Toft Monks?
No. IGI Accounting is an online-only firm. We serve Toft Monks 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 Toft Monks as anywhere else in the country, and why there is nothing to visit and nothing to print.
Is self assessment tax returns in Toft Monks really the same price as elsewhere?
Yes. The fee published on this page is what a client in Toft Monks 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 Toft Monks
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.