What We Do.

We offer a complete range of accounting services including Cloud Accounting tools.

Fixed monthly fees starting from £30+ VAT per month.

Prices quoted exluded VAT and are charged monthly.

Sole Trader

All Fixed Monthly Plans Include:
 QuickBooks Online Software
 QuickBooks Online Mobile App
 Annual Sole Trader Accounts prepared & submitted
 Self assessment tax return prepared & submitted
 Dedicated Account Manager
 Unlimited support
 HMRC registration & Agent authorisation
 Supply of Accountants certificate for mortgage applications

Up to 85k Turnover

£30.00

Up to 150k Turnover

£45.00

Up to 250k Turnover

£60.00

Up to 500k Turnover

£75.00

Other Services (click to expand)
Payroll processing fee £15 per month (includes up to 5 payslips per month)
Payroll topup £2.00 per additional payslip
CIS scheme processing fee £15 per month (includes up to 5 CIS deduction statements per month)
CIS topup £2.00 per additional CIS deduction statement
Auto Enrolment Pension processing fee £10.00 per month
Bookkeeping £20.00 per month (1-50 transactions per month)
Bookkeeping topup £7.50 per month (additional 20 transactions per month)
Quarterly VAT return check £7.00 per month (you do the bookkeeping then we check and submit the VAT return each quarter)
Xero software upcharge £15.00 per month
Quarterly management accounts £10.00 per month
CIS subcontractor personal tax return £150.00 per year
Landlords personal tax return £125.00 per year (1 property) if held jointly with spouse add £25 for completion of both tax returns
Landlords additional properties £15.00 per additional property
Completion of property pages for directors £50.00 per year (1 property)
Capital Gains tax calculations From £50.00
Business plans and cashflow projections From £100.00

 

Partnerships to add £10.00 per month per additional partner. Prices quoted exclude VAT.
Turnover above £500K? Please ask for a tailored quote.

Limited Company

All Fixed Monthly Plans Include:
 FREE Limited Company formation
 QuickBooks Online Software
 QuickBooks Online Mobile App
 Full preparation & submission of Year end Statutory Accounts
 Calculation & Submission of Corporation Tax Return (CT600)
 We file annual confirmation statement and pay the £13 fee
 Monthly payroll (up to 5 employees)
 Completion of minutes of meetings and dividend vouchers
 Directors self assessment tax return (up to 2 directors)
 Supply of accountants certificate for mortgage applications
 Expert tax advice
 HMRC registration and Agent authorisation
 Dedicated Account Manager
 Unlimited support

Up to 85k Turnover

£67.00

Up to 150k Turnover

£85.00

Up to 250k Turnover

£100.00

Up to 500k Turnover

£120.00

Other Services (click to expand)
Payroll processing fee £15 per month (includes up to 5 payslips per month)
Payroll topup £2.00 per additional payslip
CIS scheme processing fee £15 per month (includes up to 5 CIS deduction statements per month)
CIS topup £2.00 per additional CIS deduction statement
Auto Enrolment Pension processing fee £10.00 per month
Bookkeeping £20.00 per month (1-50 transactions per month)
Bookkeeping topup £7.50 per month (additional 20 transactions per month)
Quarterly VAT return check and submission £7.00 per month (you do the bookkeeping then we check and submit the VAT return each quarter)
Xero software upcharge £15.00 per month
Quarterly management accounts £10.00 per month
CIS subcontractor personal tax return £150.00 per year
Landlords personal tax return £125.00 per year (1 property) if held jointly with spouse add £25 for completion of both tax returns
Landlords additional properties £15.00 per additional property
Completion of property pages for directors £50.00 per year (1 property)
Capital Gains tax calculations From £50.00
Business plans and cashflow projections From £100.00

 

Prices quoted exclude VAT.
Turnover above £500K? Please ask for a tailored quote.
The small print!
To join the scheme it is intended that fees are collected by direct debit in 12 equal monthly payments.  So, for a 31st March year end the monthly collections will run from 15th April to the following 15th March. To bring clients in line with this system, those joining the service part way through an Accounts year will have the first year’s fee collected over a shorter period than 12 months. Therefore, the monthly payments in the first period may be higher than stated above.

Here is a list of our Accountancy & Tax service offerings:

Annual Accounts

Cloud Bookkeeping
Making Tax Digital
Tax Compliance
VAT & Bookkeeping
Payroll
Auto Enrolment
Business Start Ups & Company Formations

Annual Accounts

Cloud Bookkeeping
Making Tax Digital
Tax Compliance
VAT & Bookkeeping
Payroll
Auto Enrolment
Business Start Ups & Company Formations

Annual Accounts

Running a business involves numerous tasks and responsibilities. We provide our clients with a professional service to meet their accounting needs. We prepare annual accounts for limited companies, sole traders and partnerships.

Cloud Bookkeeping

Our preferred cloud accounting solution is QuickBooks Online, we even offer in-house training for those clients who wish to do their own bookkeeping.

We can help you move your paper based bookkeeping systems to the cloud, no more crinkled up receipts to sort through just open the quickbooks app on your phone, snap a picture of the receipt and we will do the rest.

VAT

VAT can be a complicated subject, thankfully our team are here to guide you through it, we will advise you on which VAT scheme is most suited to your business whether it be the standard accounting scheme, cash accounting scheme or the flat rate scheme.

We will contact you at the end of each VAT period to remind you that your VAT return is due for submission and what records we require to file it on your behalf. Once we have completed your VAT return we will advise you on how much is due to be paid and when it needs to be paid by.

Management Accounts

Management accounts are usually prepared on a monthly or quarterly basis and include a profit and loss account, balance sheet and cashflow statement. Management accounts give you an up to date view of how your business is performing and by having this up to date information at your disposal today will help you make better business decisions for tomorrow.

Tax Returns

The tax year runs from 6 April to 5 April each year and tax returns must be submitted to HMRC by 31 January the following year. Thousands of people miss the filing deadline each year which causes stress for the individual and also incurs an automatic £100 penalty, this penalty can soon increase to over £1,000 as if the return remains outstanding for more than 3 months after the filing deadline another penatly is applied at £10 per day for up to 90 days.

By becoming a client of Icash we will make sure everything is ready to be submitted on time meaning you can focus on your business knowing that we’ve got it covered.

 

Auto Enrolment

All employers are now legally required to auto enrol employees into a pension scheme if the employee is:

  • Aged between 22 and state pension age
  • has earnings of more than £192.00 per week or £833.00 per month.

We can help guide you through the auto enrolment process and advise on the cost to your business.

 

Payroll

We are also payroll experts!  By letting us handle your payroll you can free up valuable time to focus on other parts of your business. We will make sure that no deadlines are missed and that your payroll runs smoothly. You will have access to all of your payroll reports and employee payslips through our payroll portal so no more searching through emails looking for missing payslips, your employees will also be able to download an app on to their phone which is where they will access their payslips.

Company Formations

At Icash if you sign up to one of our fixed fee packages we will form your limited company for FREE, we will also register your new company with HMRC for corporation tax, VAT and payroll if required. We can have your company formed for you in 1 working day. We have also partnered with a couple of online banks so if your also wanting a business account setup quickly we can provide you with a link to open an account once your company is formed and you will have your sort code and account number in as little as 5 minutes.