What We Do.
Fixed monthly fees starting from £35 + VAT per month.
Prices quoted exclude VAT and are charged monthly.
Sole Trader
Up to 85k Turnover
£35.00
Up to 150k Turnover
£50.00
Up to 250k Turnover
£65.00
Up to 500k Turnover
£80.00
Other Services (click to expand)
| Payroll processing fee | £18.00 per month (includes up to 5 payslips per month) |
| Payroll topup | £2.50 per additional payslip |
| CIS scheme processing fee | £18.00 per month (includes up to 5 CIS deduction statements per month) |
| CIS topup | £2.50 per additional CIS deduction statement |
| Auto Enrolment Pension processing fee | £10.00 per month |
| Bookkeeping | £25.00 per month (1-50 transactions per month) |
| Bookkeeping topup | £10.00 per month (additional 20 transactions per month) |
| Quarterly VAT return check | £10.00 per month (you do the bookkeeping then we check and submit the VAT return each quarter) |
| Xero software upcharge | £30.00 per month |
| Quarterly management accounts | £20.00 per month |
| CIS subcontractor personal tax return | £165.00 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 £100.00 |
| Business plans and cashflow projections | From £200.00 |
Limited Company
Up to 85k Turnover
£75.00
Up to 150k Turnover
£95.00
Up to 250k Turnover
£115.00
Up to 500k Turnover
£135.00
Other Services (click to expand)
| Payroll processing fee | £20.00 per month (includes up to 5 payslips per month) |
| Payroll topup | £2.50 per additional payslip |
| CIS scheme processing fee | £20.00 per month (includes up to 5 CIS deduction statements per month) |
| CIS topup | £2.50 per additional CIS deduction statement |
| Auto Enrolment Pension processing fee | £10.00 per month |
| Bookkeeping | £25.00 per month (1-50 transactions per month) |
| Bookkeeping topup | £10.00 per month (additional 20 transactions per month) |
| Quarterly VAT return check and submission | £10.00 per month (you do the bookkeeping then we check and submit the VAT return each quarter) |
| Xero software upcharge | £30.00 per month |
| Quarterly management accounts | £20.00 per month |
| CIS subcontractor personal tax return | £165.00 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 £100.00 |
| Business plans and cashflow projections | From £200.00 |
Here is a list of our Accountancy & Tax service offerings:
Annual Accounts
Annual Accounts
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.
