Small Business Accountants · South London
Small business accountants in Woodmansterne
Small business accountants in Woodmansterne for owners who want to see how the business is doing more than once a year. The Premium package includes quarterly management accounts with written commentary, so the decisions about hiring, pricing and spending are made on current numbers. Core and Complete cover the compliance. All fixed, all online.
from £65/mo · fixed, per month
Next deadlines
- VAT return and payment for the quarter that ended last month
- PAYE and National Insurance for last month paid to HMRC (electronic)
- VAT return and payment for the quarter that ended last month
- PAYE and National Insurance for last month paid to HMRC (electronic)
Who this is for
Small Business Accountants for Woodmansterne
Established owner-managed businesses in Woodmansterne with turnover roughly between £50,000 and £1 million: shops and cafes, trades and building firms, agencies and consultancies, workshops and small manufacturers, professional practices, franchisees, and family companies with a handful of staff, trading as sole traders, partnerships or limited companies.
What is included
Everything inside the fixed fee
- Monthly bookkeeping with bank feeds and receipt capture, reconciled and summarised each month
- Annual accounts and Corporation Tax return, or sole trader accounts and Self Assessment, prepared and filed
- Quarterly VAT returns and payroll for up to five staff in the Complete package
- Quarterly management accounts with commentary in the Premium package
- A named contact who knows your business and answers questions without a clock running
- Switching health check: a one-off review of your current setup, refunded if you join
How it works
Small Business Accountants from Woodmansterne, 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
The IGI way of working, in Woodmansterne
The price for small business accountants is published on this page and is what a client in Woodmansterne pays. We confirm it in writing first, and the invoice matches the quote.
Nothing for Woodmansterne is left to the last week. Each deadline relevant to small business accountants is tracked from the day you join, with the next four shown on every page we send you.
Online only, UK based. There is no office in Woodmansterne 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.
You get one contact for small business accountants, not a queue. Woodmansterne clients message the same person throughout and get an answer in working hours, usually within a few hours.
The output for Woodmansterne 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 small business accountants.
Nothing is filed for Woodmansterne 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 Woodmansterne
Woodmansterne is in South London, within Croydon, in the CR5 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 |
|---|---|---|
| Coulsdon West | 0.5 mi | E |
| Chipstead, Reigate and Banstead | 0.6 mi | SW |
| Coulsdon | 0.6 mi | E |
| Little Woodcote | 1 mi | N |
| Starrock | 1 mi | S |
| Carshalton South and Clockhouse | 2 mi | N |
| Coulsdon East | 2 mi | SE |
| Old Coulsdon | 2 mi | SE |
Worth knowing
Rules that come up in this work
The trading and property allowances
The first £1,000 of trading income and, separately, the first £1,000 of property income each year is tax free under the trading and property allowances. Below those figures no return is needed for that income. Above them you can deduct the £1,000 allowance instead of actual expenses if that is better, which suits side businesses and single-room lets with few costs.
Dormant companies
Dormancy is a status that is easy to lose. The strict rule is no accounting transactions other than share capital and Companies House fees, which means no bank account activity at all in practice. Fees should be paid personally by the director. A company that traded and has stopped becomes dormant only after its final trading accounts and tax return are filed and HMRC is told.
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.
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.
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
Record keeping is a legal obligation with a penalty of up to £3,000 for failure, but its real value is in making every other filing cheaper and more defensible. Keep invoices, receipts, bank statements, mileage logs and any HMRC correspondence, digitally if you like, for five years after the relevant filing deadline for individuals and six years for companies and VAT.
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.
Questions
Small Business Accountants questions from Woodmansterne
Can my staff's payroll be weekly?
Yes. The Complete package covers payroll for up to five employees at any frequency, weekly, fortnightly or monthly, with payslips, RTI submissions, pension contributions and the monthly payment note to HMRC. Starters, leavers and statutory payments are included.
Do I pay extra at year end?
No. The annual accounts and tax return are included in the monthly fee. The only additional costs are Companies House fees passed on at cost, your software subscription billed directly to you, and any separate advisory product you choose to buy.
Do you charge for phone calls and questions?
No. The monthly fee covers questions during the year. We would rather you ask before making a decision than pay us to unpick it afterwards. Formal advisory work, such as a tax planning review or a cash-flow forecast, is a separate fixed-fee product and we tell you when something falls into that category.
How does switching from my current accountant work?
You authorise us, we write to your current accountant for professional clearance and your records, and they are obliged to hand over your own documents. Most do within two weeks. We pick up the bookkeeping where they left off and take over the next filing. There is no charge for the switch.
What if my transaction volume is higher than the package covers?
We check the volume from your bank statements before quoting and tell you the right band. If the business grows and the volume increases, we review quarterly and adjust from the next month with notice. There is no back-charging for a busy period.
Can you handle a partnership?
Yes. Partnerships need a partnership tax return showing the profit split and each partner's own Self Assessment. The Core package covers the partnership return and bookkeeping; each partner's personal return is added at the published £129. LLPs follow company-style accounts rules and we handle those too.
Is small business accountants in Woodmansterne really the same price as elsewhere?
Yes. The fee published on this page is what a client in Woodmansterne 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 Woodmansterne?
No. IGI Accounting is an online-only firm. We serve Woodmansterne 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 small business accountants is the same in Woodmansterne as anywhere else in the country, and why there is nothing to visit and nothing to print.
Start the conversation from Woodmansterne
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.