Accounting

Freelancer Accountants · East London

Freelancer accountants in Weavers

Freelancer accountants for Weavers 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 Weavers

Freelancers and independent professionals in Weavers: 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 Weavers, 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

What you get in Weavers

One fixed fee for freelancer accountants in Weavers, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.

We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Weavers get reminders at 60, 30 and 7 days before each date that applies to freelancer accountants.

No appointments, no travel across East London, no parking. Everything for freelancer accountants in Weavers happens online, with a real person on the other end during UK working hours.

A named person handles your freelancer accountants from Weavers and knows the file, so you are not re-explaining your business to a different helpdesk each time.

The output for Weavers 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 Weavers 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 Weavers

Weavers is in East London, within Tower Hamlets, in the E2 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
Shoreditch, Hackney0.4 miW
Spitalfields and Banglatown0.5 miS
Brick Lane0.5 miS
Spitalfields0.5 miSW
Bethnal Green South0.6 miE
Whitechapel0.6 miS
Old Street0.6 miW
Bethnal Green North0.6 miNE

Worth knowing

Rules that come up in this work

Corporation Tax rates and marginal relief

Corporation Tax is not a flat rate. Profits to £50,000 pay 19%, profits above £250,000 pay 25%, and the band between is taxed at an effective marginal rate of 26.5% through the marginal relief mechanism. Associated companies share the thresholds, which catches directors who own more than one company and is the most common cause of underpaid tax in owner-managed groups.

The VAT registration threshold

The £90,000 VAT threshold is measured over any twelve consecutive months, which is why a strong quarter can tip a business over unexpectedly. Registration must follow within thirty days of the end of the month the threshold was crossed. Below the threshold, voluntary registration is worth considering when customers are VAT-registered businesses and costs carry VAT.

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.

Late filing penalties

Penalties are the clearest reason to work to deadlines. A Self Assessment return one day late costs £100 regardless of whether any tax is due; three months late adds £10 a day. Late company accounts start at £150 and reach £1,500, and double if the previous year was also late. None of this is negotiable afterwards except through a narrow reasonable-excuse appeal.

Payments on account

A common surprise in Self Assessment is the January payment that is far larger than expected. That is the balancing payment for the year just ended plus the first payment on account for the year ahead, which HMRC sets at half of the bill just calculated. We put the figure in your hands months ahead and tell you how to adjust it legitimately when circumstances change.

The Self Assessment calendar

Self Assessment runs on a fixed annual cycle. Registration by 5 October following the tax year, online filing and payment by 31 January, and a second instalment on 31 July for those making payments on account. The penalties for lateness are automatic and escalate monthly, which is why we file early and chase approvals well before the window closes.

CIS deductions

The Construction Industry Scheme affects both sides of a construction payment. Contractors must verify subcontractors, deduct the right amount, issue statements and file monthly, with penalties from £100 for each late return. Subcontractors suffer deductions on turnover and recover the excess at the year end. Limited company subcontractors offset deductions against PAYE monthly instead.

Questions

Freelancer Accountants questions from Weavers

What does the £79 company package include?

Monthly bookkeeping, director payroll with RTI submissions, dividend paperwork, the annual statutory accounts and CT600 filed with Companies House and HMRC, the confirmation statement filed (Companies House £50 fee separate), and deadline tracking. Your personal Self Assessment is added at the published £129 if needed.

What does the £45 sole trader package include?

Monthly bookkeeping from your bank feed with receipts captured by phone, a monthly summary showing profit and the tax accruing, your Self Assessment with the self-employment pages prepared and filed, payments on account calculated, and deadline tracking. Software is in your name and billed to you separately.

What is the annual-only option?

For £229 a year we prepare your year-end accounts and Self Assessment from the records you keep yourself, whether in software or a spreadsheet. It suits freelancers with modest transaction volumes who are organised. If the records arrive as a shoebox, the sole trader accounts shoebox fee applies instead.

Should I be a sole trader or a limited company?

At profits under roughly £30,000 to £40,000 a sole trader is simpler and the tax saving from a company is small after the extra compliance cost. Above that, or where clients prefer to contract with a company or liability is a concern, incorporation can make sense. Our free comparison tool gives a first view and the starter session a definitive one.

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.

Is freelancer accountants in Weavers really the same price as elsewhere?

Yes. The fee published on this page is what a client in Weavers 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 Weavers?

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

Get a fixed quote for Weavers 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