Accountant in Pimlico SW1V | Your Tax Help Accountants

Accountant in Pimlico

Tax & Accounting for Pimlico Businesses

Pimlico SW1V is an elegant, central residential area in the City of Westminster, characterised by its grand white-stucco garden squares and proximity to Parliament, Whitehall, Victoria and the Tate Britain. The area has a strongly professional community — many working in government, politics, law, the civil service and finance — alongside a significant international population and a high-value landlord market built around the period houses and mansion blocks. Tachbrook Street and Warwick Way host the local independent and food economy.

That gives Pimlico a particular accounting profile. Westminster and Whitehall professionals often have PAYE income plus consulting, writing, media or investment income. Contractors and consultants — including those working with government — need Ltd company structures and careful IR35 and off-payroll assessment. High-value landlords face substantial CGT, Section 24 and service charges. And the international community needs residency and non-dom advice. Your Tax Help Accountants, HMRC-registered, serves Pimlico clients online with fixed monthly fees.

💡 As an HMRC-registered agent we deal directly with HMRC on your behalf, so you never have to spend hours on hold or navigate their website yourself.

What We Do

Full-Range Tax & Accounting for Pimlico

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Self-Assessment Tax Returns

Full SA100 for self-employed, landlords and individuals. Filed direct to HMRC, same day if urgent.

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CIS Compliance

Complete CIS for contractors and subcontractors. Monthly returns, deduction statements, refund claims.

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Limited Company Accounts

Year-end statutory accounts, Corporation Tax returns, and director self-assessment. All filed on time.

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Landlord Tax Advice

Rental income reporting, capital gains planning, Making Tax Digital, and allowable expense guidance.

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VAT Returns

MTD-compliant VAT submissions and ongoing bookkeeping to keep records clean and cash flow transparent.

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Payroll Services

Monthly payroll processing, RTI submissions to HMRC, and auto-enrolment pension administration.

Client Story

How we structured a Pimlico consultant's government and private work — £8,900 saving

Client R is a policy and public-affairs consultant in Pimlico working through a Ltd company on a mix of government/public-sector contracts (under the off-payroll rules) and private corporate clients. The mix of inside and outside IR35 work hadn't been handled correctly, with the company remuneration set inefficiently for the genuinely outside-IR35 portion.

We reviewed each contract's status. The public-sector work was correctly inside IR35 (taxed via PAYE by the fee payer), but the private corporate work was genuinely outside IR35. We structured the remuneration to take the outside-IR35 income efficiently as salary plus dividends with employer pension contributions, while the inside-IR35 income flowed through correctly, and made sure the two were not muddled in a way that overpaid tax.

Total outcome: annual tax saving of £8,900 by correctly separating and structuring the inside and outside-IR35 income, with employer pension contributions on the outside portion and documented status positions for each contract.

Common Questions

Frequently Asked Questions

I'm a Pimlico consultant with mixed government and private work. How does IR35 affect me?

Public-sector and medium/large private clients assess your IR35 status under the off-payroll rules. Government work is often inside IR35 (taxed via PAYE by the fee payer); genuinely independent private work is often outside. The two need handling separately within your company so you don't overpay. We review each contract's status and structure the remuneration correctly across the mix.

I'm a Pimlico professional with PAYE plus consulting or writing income. Self-assessment?

Yes — employment income plus self-employment, writing, media or investment income above the relevant allowances goes on one self-assessment. We combine it all, claim your expenses, register you and file annually.

I'm a Pimlico landlord with a period or mansion-block property. CGT and service charges?

High-value properties generate substantial gains and significant service charges. Routine service charges are deductible against rental income; major-works contributions are capital. Section 24 restricts mortgage interest relief to a 20% credit. On disposal, CGT at 18%/24% applies. We handle the income treatment and disposal planning and model whether a company structure helps.

I'm an international resident in Pimlico. UK tax obligations?

Your residency is determined by the Statutory Residence Test, combining days present with connecting factors. If UK resident, worldwide income is potentially taxable (with double tax relief); non-doms may elect the remittance basis, though the regime is being reformed. We work through your position and file correctly.

I run a Tachbrook Street or Warwick Way business in Pimlico. What do you provide?

Retail and hospitality bookkeeping, the right VAT treatment, payroll, tronc for tips if relevant, annual accounts and Corporation Tax if a company, plus director self-assessment — bundled into a fixed monthly fee with cloud accounting for automatic bank-feed capture.

Should I make pension contributions to manage my Pimlico tax bill?

Often yes — employer pension contributions from your company are tax-deductible and highly efficient; personal contributions reduce adjusted net income, valuable in the £100,000-£125,140 taper zone. We'll advise on the right level within the annual allowance, including carry-forward.

I have investment income as a Pimlico resident. How is it taxed?

Dividends above the £500 allowance at 8.75%/33.75%/39.35% by band; savings interest above your savings allowance at your marginal rate; capital gains above the annual exempt amount at the relevant CGT rate. We consolidate it into your self-assessment and advise on tax-efficient wrappers.

How do I get started?

Book a free 15-minute call via Calendly, or call our office on 020 8050 4564 or mobile 07478 645331. We work with Pimlico clients fully online and we're experienced with consultants, government and public-sector IR35, professionals and the SW1V community.

Accountant in Pimlico for Small Businesses