Contractor Accountants · South East London
Contractor accountants in Woolwich Common
Contractor accounting for limited company contractors in Woolwich Common: accounts, Corporation Tax, monthly payroll and dividend paperwork from £75 a month, with VAT and bookkeeping at £105 and the full package including your Self Assessment at £125. Fixed, published, the same in Woolwich Common as in every part of England.
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 Woolwich Common
Contractors and interim professionals in Woolwich Common 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 Woolwich Common, step by step
Tell us your situation
A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.
Fixed fee in writing
You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.
Send records, review the draft
Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.
We file, you get the receipts
Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.
Why IGI
What you get in Woolwich Common
One fixed fee for contractor accountants in Woolwich Common, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.
Nothing for Woolwich Common 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.
We serve Woolwich Common remotely by design: records by WhatsApp or email, drafts back for approval, filing electronic. The saving on premises is passed to you in the fee for contractor accountants.
A named person handles your contractor accountants from Woolwich Common and knows the file, so you are not re-explaining your business to a different helpdesk each time.
We explain contractor accountants in the words Woolwich Common business owners use, not in accountant's shorthand, and we show our working so you can check it.
Nothing is filed for Woolwich Common 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 Woolwich Common
Woolwich Common is in South East London, within Greenwich, in the SE18 postcode district, 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 |
|---|---|---|
| Woolwich | 0.5 mi | NE |
| Shooters Hill | 0.7 mi | SE |
| Kidbrooke with Hornfair | 0.8 mi | SW |
| Charlton, Greenwich | 0.9 mi | NW |
| Woolwich Riverside | 1 mi | N |
| Woolwich Arsenal | 1 mi | NE |
| Woolwich Dockyard | 1 mi | N |
| Kidbrooke | 1 mi | SW |
Worth knowing
Rules that come up in this work
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.
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.
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
Small side incomes are covered by two £1,000 allowances, one for trading and one for property, which remove the need to register or report income below that level. Once income exceeds £1,000, the allowance can be used in place of expenses, a choice worth making deliberately: a freelancer with £900 of costs is better off with the allowance, one with £3,000 is not.
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.
Record keeping
Good records are the difference between a quick enquiry and a long one. For the self-employed, five years after the filing deadline; for companies, six years from the year end; for VAT, six years. Photographs of receipts, PDF statements and software exports all count. The requirement is to keep records, not paper, and a well-organised cloud folder satisfies it.
Questions
Contractor Accountants questions from Woolwich Common
I am about to leave permanent employment to contract. Where do I start?
With the company formation and the first contract review. Our £99 formation-plus-registrations package sets up the company with Corporation Tax and PAYE registered; the IR35 review of your first engagement decides how the income will be taxed. Join the Essential package from the month you start invoicing.
Do I need business insurance?
Most client contracts require professional indemnity and public liability cover, and employer's liability is a legal requirement if the company employs anyone other than the director. Insurance is not something we sell, but we tell you what your contracts require and the premiums are deductible for Corporation Tax.
My client has put me inside IR35. Should I still use my company?
It can still be worth it if you have other outside-IR35 work, but for a single inside-IR35 engagement an umbrella company or direct PAYE is often simpler and cheaper. We run the comparison for your specific numbers and tell you honestly, even if the answer is that you do not need us for that contract.
Can I claim travel and subsistence?
For engagements outside IR35, travel to a client site that is a temporary workplace is claimable, subject to the 24-month rule: once you know an engagement will exceed 24 months at the same site, it stops being temporary. Subsistence follows the travel. Inside-IR35 engagements lose these claims. We check each engagement.
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.
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.
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 Woolwich Common 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.
How do I get started from Woolwich Common?
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 Woolwich Common clients are set up within a day.
Ready to fix your fee in Woolwich Common?
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.