Welcome to KG Accountants

KG Accountants based in South West London provide a wide range of accountancy and Taxation services including completing and filing your tax returns, Accounts, payroll, bookkeeping and VAT at a reasonable price.

As London based accountants we have worked with a number of clients in and around South and West London including Streatham, Norbury, Wimbledon, Croydon, Chelsea, Fulham and Hammersmith.

We work with small and medium-sized businesses and individuals every day providing cost-efficient and professional advice covering all areas of accounting, tax and business support.


ServicesIndividuals & Businesses

We have the compliance and support services needed to suit your accountancy needs.

Click here

Resources Interactive tools & factsheets

Our resources and factsheets cover a range of relevant accountancy and business topics.

Click here

1st Meeting Free!AND OUR COFFEE IS AWESOME

Interest in joining a group of proactive accountants? Then get in touch today!

Click here

The current hot topic

PAYE penalties

HMRC are getting tough on employers who fail to meet their Real Time Information (RTI) reporting and payment obligations. The RTI automation of PAYE enables HMRC to more closely monitor the operation of the system. Many of the requirements are not new - file on time and pay on time. However, HMRC are now looking to apply these rules strictly and to penalise those employers don't comply.

Automatic in-year late filing penalties introduced

For the majority of employers automatic in-year late filing penalties are introduced from 6 October 2014 for late filed RTI returns. Employers with more than 49 employees whose submissions for the period 6 April - 5 October 2014 are up to date by 5 October will not face in-year late filing penalties. Employers should ensure they bring, and keep, their affairs up to date.

There will be no penalty for the first month of failure but subsequent penalties for an employer who, during a tax month, fails to make a return on or before the filing date will be as follows:

  • 1-9 employees - £100;
  • 10-49 employees - £200;
  • 50-249 employees - £300; and
  • 250 or more employees - £400.

This includes annual and quarterly schemes.

Delay in penalties for some

For small employers, those with less than 50 employees the introduction of penalties has been delayed until 6 March 2015. 

Relaxation for some micro employers

Existing employers with nine or fewer employees are also able to report PAYE information on or before the last payday in the tax month until April 2016.  

The way forward

You need to ensure that you make your RTI returns and pay your liabilities on time, every time. Please do get in touch if you would like to discuss any of these issues in more detail or how we can help with your payroll.