Accounting

Contractor Accountants · North West London

Contractor accountants in Yiewsley

Contracting through a company from Yiewsley means a stack of filings that have to agree with each other and a salary-and-dividend split that has to be defensible. We run the whole cycle online for a fixed monthly fee, review your contracts for IR35 and make sure the money you take out is documented properly. No surprises at year end.

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 Yiewsley

Contractors and interim professionals in Yiewsley 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 Yiewsley, 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

Why Yiewsley businesses file with IGI

The price for contractor accountants is published on this page and is what a client in Yiewsley pays. We confirm it in writing first, and the invoice matches the quote.

Nothing for Yiewsley 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.

No appointments, no travel across North West London, no parking. Everything for contractor accountants in Yiewsley happens online, with a real person on the other end during UK working hours.

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

The output for Yiewsley 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 contractor accountants.

Nothing is filed for Yiewsley 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 Yiewsley

Yiewsley is in North West London, within Hillingdon, in the UB7 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 contractor accountants
PlaceDistanceDirection
West Drayton0.7 miS
Little Britain, Hillingdon0.8 miNW
Colham Green1 miNE
Thorney, Buckinghamshire1 miSW
Cowley, Hillingdon1 miN
Brunel1 miN
Stockley Park1 miE
Hillingdon Heath2 miNE

Worth knowing

Rules that come up in this work

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

Employers pay National Insurance at 15% on each employee's earnings above the £5,000 secondary threshold, following the April 2025 changes. The Employment Allowance offsets up to £10,500 of this for eligible employers, which for a small team often removes the liability entirely, but companies where the director is the only employee do not qualify.

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

Companies formed to protect a name or hold a future business are dormant but not exempt: Companies House still expects dormant accounts within nine months of the year end and a confirmation statement annually with its £50 fee, and HMRC must be told the company is dormant or it will demand Corporation Tax returns. The filings are short, but the penalties for missing them are the same as for a trading company.

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.

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.

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.

Questions

Contractor Accountants questions from Yiewsley

What is IR35 and does it affect me?

IR35 asks whether, but for the company, you would be an employee of your client. If a contract is inside IR35 the income is taxed like employment. Since 2021 medium and large private-sector clients make the determination and deduct tax at source; for small clients the contractor decides. We review contracts and working practices and give a written opinion for £99.

How should I pay myself from the company?

The usual approach is a salary around the National Insurance thresholds, which keeps your State Pension record intact and is deductible for Corporation Tax, with the rest as dividends taxed at the dividend rates after the £500 allowance. The exact split depends on your other income and the company's profit, and we set it at the start of each tax year.

What do Plus and Complete add?

Plus at £105 adds quarterly VAT returns and monthly bookkeeping from your bank feed, so the records are kept for you. Complete at £125 adds the director's Self Assessment return and an annual tax planning call covering salary, dividends, pension and the year ahead. Most contractors inside VAT choose Plus or Complete.

What is in the £75 Essential package?

Annual statutory accounts and CT600 filed with Companies House and HMRC, monthly director payroll with RTI submissions, dividend vouchers and minutes, the confirmation statement filed (Companies House £50 fee separate), and deadline tracking. It suits contractors outside VAT or who prefer to do their own VAT and bookkeeping.

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.

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.

How do I get started from Yiewsley?

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 Yiewsley clients are set up within a day.

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 Yiewsley 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.

Fixed fees, filed on time, for Yiewsley

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