Startup Accountants · North West London
Startup accountants in Yeading
Startup accountants in Yeading who understand that early-stage companies are loss-making, equity-funded and short of time. Our packages are built for that: no hourly billing, founder payroll when it is needed, SEIS/EIS advance assurance at £299 when you raise, and books investors can read. Everything online, every filing approved by you first.
from £59/mo · fixed, per month
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
Who this is for
Startup Accountants for Yeading
New and early-stage companies in Yeading: founders incorporating for the first time, technology and product startups preparing to raise seed investment, service businesses moving from side project to full time, two or three co-founders who need the equity and payroll structured properly, and companies in their first two years who set up alone and want it done properly now.
What is included
Everything inside the fixed fee
- Company formation and HMRC registrations in the Launch package, or a review of what has already been set up
- Cloud bookkeeping configured for a growing business, with bank feeds and expense capture from day one
- Annual accounts and Corporation Tax return, with first-period and long-period rules handled
- VAT registration timing advised and quarterly returns run in the Grow and Scale packages
- Payroll for founders and first hires, with auto-enrolment, in the Scale package
- SEIS and EIS advance assurance applications prepared for founders raising investment
How it works
Startup Accountants from Yeading, 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 Yeading
One fixed fee for startup accountants in Yeading, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.
Nothing for Yeading is left to the last week. Each deadline relevant to startup 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 Yeading 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 startup accountants, not a queue. Yeading clients message the same person throughout and get an answer in working hours, usually within a few hours.
The output for Yeading 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 startup accountants.
Nothing is filed for Yeading 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 Yeading
Yeading is in North West London, within Hillingdon, in the UB4 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 |
|---|---|---|
| Barnhill, Hillingdon | 0.4 mi | W |
| Northolt West End | 0.8 mi | N |
| Townfield, Hillingdon | 1 mi | S |
| Charville | 1 mi | W |
| Lady Margaret | 1 mi | E |
| Southall Broadway | 1 mi | SE |
| Hayes End, Hillingdon | 1 mi | W |
| Southall | 2 mi | SE |
Worth knowing
Rules that come up in this work
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
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.
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
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.
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
Most crypto holders have taxable events they do not recognise, because every swap is a disposal even when no pounds change hands. The computation requires the complete transaction history from every exchange and wallet, pooled by asset with HMRC's matching rules applied. Exchange-generated tax reports are frequently wrong because they cannot see transfers between a user's own wallets.
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.
Questions
Startup Accountants questions from Yeading
What do investors expect to see in the accounts?
Clean, current bookkeeping; a cap table that matches Companies House; founder payments properly documented; VAT and PAYE up to date; and management accounts showing runway. Due diligence on a seed round routinely finds undocumented director's loans and unfiled confirmation statements, both of which cost time at exactly the wrong moment.
Do I need a separate business bank account?
Legally the company must have its own account because it is a separate person from you; using a personal account mixes funds and creates director's loan problems. Digital business banks open accounts quickly for new companies, and we connect the feed to your software as part of setup.
When do I need Grow or Scale?
Grow at £99 adds monthly bookkeeping and quarterly VAT returns, and suits most startups once transactions and VAT registration arrive. Scale at £149 adds payroll for founders and first hires with auto-enrolment, plus quarterly management accounts for the board or investors. You can move between packages at any month end.
What does the £59 Launch package include?
Company formation with the Companies House £100 fee passed on separately, Corporation Tax and PAYE registration, a registered office if you want one, cloud software set up, the first confirmation statement and the first set of accounts and CT600 filed. It is for founders who will keep their own books in the early months.
How should co-founders be paid?
Early on, often not at all, with equity as the reward. Once the company can afford it, a modest salary through payroll keeps National Insurance records intact and is deductible. Dividends require distributable profits, which loss-making startups do not have. Director's loans are a trap. We set the structure to suit the cash position.
Should I register for VAT before I have to?
If your customers are VAT-registered businesses, early voluntary registration lets you reclaim VAT on setup costs with no real cost to customers. If you sell to consumers, registration adds 20% to your price or cuts your margin, so waiting until the £90,000 threshold is usually better. We model it for your business.
Is startup accountants in Yeading really the same price as elsewhere?
Yes. The fee published on this page is what a client in Yeading 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 Yeading?
No. IGI Accounting is an online-only firm. We serve Yeading 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 startup accountants is the same in Yeading as anywhere else in the country, and why there is nothing to visit and nothing to print.
Fixed fees, filed on time, for Yeading
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.