Accounting

South West · England

Accountants in West Panson

If you run a business or have a tax return to file in West Panson, this page lists what we do, what it costs and when it is due. The fees are fixed and identical to those for every other place in South West. We serve West Panson remotely, which means no travel, no appointments and no premises to pay for, and we track the HMRC and Companies House deadlines so that you do not have to.

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 West Panson and what it costs

The eight core services below each have a page for West Panson; 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 West Panson businesses

Clients in West Panson 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.

Continuity matters in self assessment tax returns: the person who prepared last year's work for your West Panson business prepares this year's, and remembers what was agreed.

Online only, UK based. There is no office in West Panson 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.

We work to the HMRC and Companies House calendar, not an appointment diary. Clients in West Panson get reminders at 60, 30 and 7 days before each date that applies to self assessment tax returns.

Local facts

About West Panson

West Panson sits in South West. 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
PlaceDistanceDirection
Panson, West0.0 miN
Tamartown0.8 miSW
Hele, Torridge0.9 miW
Sitcott0.9 miE
St Giles on the Heath1 miSE
Box's Shop, Torridge1 miSE
East Panson1 miNE
Panson, East1 miNE

All places in South West · South West places beginning with W

Worth knowing

Rules that affect most businesses here

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.

The 60-day property CGT return

Since April 2020 a gain on UK residential property must be reported and the tax paid within 60 days of completion through HMRC's dedicated service, separately from the annual return. Non-residents must report all UK land disposals in the same window whether or not tax is due. Getting the computation right first time matters because the figure is then carried into the Self Assessment.

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.

Closing a company

Striking off a company is cheap but must be done in order: stop trading, file the final accounts and CT600, pay the tax, close VAT and PAYE, distribute the remaining assets, close the bank account, then apply. Anything left in the company at dissolution passes to the Crown. Distributions up to £25,000 are taxed as capital gains; above that a formal liquidation is usually needed to keep capital treatment.

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.

Questions

Questions from West Panson

Why are the fees the same in West Panson as in London?

Because the cost of an accountant is mostly premises and that is a cost we do not have. The work is done online by UK-based staff, so a client in West Panson pays exactly the published fee, as does a client in central London or a Highland village. The fee is confirmed in writing before anything starts.

Which services are available in West Panson?

Every service on this page is available to businesses and individuals in West Panson, at the fee shown. Core compliance work, accounts, tax returns, bookkeeping, VAT, payroll and company formation, is listed with its own local page. Specialist services such as R&D, crypto tax and HMRC enquiry support are national services delivered the same way from anywhere in the UK.

I already have an accountant in West Panson. How hard is it to switch?

It takes about two weeks and costs nothing extra. You authorise us, we write to your current accountant for professional clearance and your records, and we transfer the agent authorisations. We pick up the next filing without a gap. You do not need to wait for a year end, and we tell you honestly if switching mid-job would be awkward.

Can you deal with HMRC and Companies House for me?

Yes. Once you authorise us as your agent, HMRC and Companies House correspond with us about the filings we make for your West Panson business, and we can see your accounts and respond on your behalf. Authorisation is free and takes a few days to activate. Routine correspondence about work we have filed is handled at no extra charge.

Is self assessment tax returns in West Panson really the same price as elsewhere?

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

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

Fixed fees, filed on time, for West Panson

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