Contractor Accountants · North London
Contractor accountants in Tottenham Court Road
Contracting through a company from Tottenham Court Road means a stack of filings that have to agree with each other and a salary-and-dividend split that has to be defensible. We run the whole cycle online for a fixed monthly fee, review your contracts for IR35 and make sure the money you take out is documented properly. No surprises at year end.
from £75/mo · fixed, per month
Next deadlines
- PAYE and National Insurance for last month paid to HMRC (electronic)
- PAYE and National Insurance for last month paid to HMRC (electronic)
- PAYE and National Insurance for last month paid to HMRC (electronic)
- Online Self Assessment filing deadline and balancing payment due
Who this is for
Contractor Accountants for Tottenham Court Road
Contractors and interim professionals in Tottenham Court Road working through their own limited company: IT and software contractors, engineers, project managers, interim finance staff, consultants, medical and allied health locums who have incorporated, and permanent employees about to go contracting who need the company set up and the first engagement reviewed.
What is included
Everything inside the fixed fee
- Statutory accounts and Corporation Tax return prepared and filed each year
- Director payroll run monthly with RTI submissions and the salary set at the efficient level
- Dividend vouchers and board minutes for every distribution, with the available reserves checked first
- Quarterly VAT returns and bookkeeping in the Plus and Complete packages
- Director's Self Assessment and an annual planning call in the Complete package
- IR35 status reviews of your contracts and working practices, with a written opinion
How it works
Contractor Accountants from Tottenham Court Road, step by step
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.
Agree the price
The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.
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.
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
Why Tottenham Court Road businesses file with IGI
The price for contractor accountants is published on this page and is what a client in Tottenham Court Road pays. We confirm it in writing first, and the invoice matches the quote.
Nothing for Tottenham Court Road is left to the last week. Each deadline relevant to contractor accountants is tracked from the day you join, with the next four shown on every page we send you.
No appointments, no travel across North London, no parking. Everything for contractor accountants in Tottenham Court Road happens online, with a real person on the other end during UK working hours.
A named person handles your contractor accountants from Tottenham Court Road and knows the file, so you are not re-explaining your business to a different helpdesk each time.
The output for Tottenham Court Road 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 contractor accountants.
Nothing is filed for Tottenham Court Road 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 Tottenham Court Road
Tottenham Court Road is in North London, within Westminster, in the W1D 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.
| Place | Distance | Direction |
|---|---|---|
| St Giles | 0.1 mi | SE |
| Soho, Westminster | 0.2 mi | SW |
| Seven Dials | 0.3 mi | SE |
| Bloomsbury, Camden | 0.3 mi | N |
| Chinatown | 0.3 mi | S |
| Russell Square | 0.4 mi | NE |
| Oxford Circus | 0.4 mi | W |
| Covent Garden | 0.4 mi | SE |
Worth knowing
Rules that come up in this work
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.
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.
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.
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.
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.
Closing a company
Voluntary strike-off is available only to solvent companies. One that owes money it cannot pay needs a creditors' voluntary liquidation through a licensed insolvency practitioner, and directors who dissolve an insolvent company face personal consequences. For a solvent company the process takes three to four months from filing the DS01, with notice to creditors and shareholders within seven days.
Switching accountants
You can switch accountant at any point in the year. The new firm requests clearance and your records from the old one, which cannot withhold your own documents though it may hold its own working papers until its fees are settled. Agent authorisations with HMRC and Companies House are transferred, and the next deadline is picked up without a gap.
Questions
Contractor Accountants questions from Tottenham Court Road
What is IR35 and does it affect me?
IR35 asks whether, but for the company, you would be an employee of your client. If a contract is inside IR35 the income is taxed like employment. Since 2021 medium and large private-sector clients make the determination and deduct tax at source; for small clients the contractor decides. We review contracts and working practices and give a written opinion for £99.
How should I pay myself from the company?
The usual approach is a salary around the National Insurance thresholds, which keeps your State Pension record intact and is deductible for Corporation Tax, with the rest as dividends taxed at the dividend rates after the £500 allowance. The exact split depends on your other income and the company's profit, and we set it at the start of each tax year.
What do Plus and Complete add?
Plus at £105 adds quarterly VAT returns and monthly bookkeeping from your bank feed, so the records are kept for you. Complete at £125 adds the director's Self Assessment return and an annual tax planning call covering salary, dividends, pension and the year ahead. Most contractors inside VAT choose Plus or Complete.
What is in the £75 Essential package?
Annual statutory accounts and CT600 filed with Companies House and HMRC, monthly director payroll with RTI submissions, dividend vouchers and minutes, the confirmation statement filed (Companies House £50 fee separate), and deadline tracking. It suits contractors outside VAT or who prefer to do their own VAT and bookkeeping.
What is the flat rate VAT scheme and should I use it?
For most contractors with low costs the limited-cost-trader rate of 16.5% removes any advantage of the flat rate scheme, and the standard scheme reclaiming input VAT on equipment and software is better. Contractors with significant qualifying costs may differ. We calculate both at registration and review annually.
How are dividends documented?
Each dividend needs a board minute approving it and a dividend voucher recording the date, amount and shareholder. The company must have sufficient distributable profits after tax at the time. We check the reserves before each dividend, produce the paperwork and keep it on file, because undocumented dividends are reclassified by HMRC as salary or loans.
How do I get started from Tottenham Court Road?
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 contractor accountants. Once you confirm, we tell you exactly which records to send and the work begins. Most Tottenham Court Road clients are set up within a day.
Which deadlines matter most for contractor accountants?
The next four dates that apply to contractor accountants are shown at the top of this page, calculated from today. For Tottenham Court Road 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.
Get a fixed quote for Tottenham Court Road today
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.