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    VMK Accountants Limited: Business Advisors & Tax Consultant
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    Serving clients across the City of London

    Accountants & Tax Advisers in the City of London

    VMK Accountants supports finance professionals, consultants, professional service firms, company directors and contractors across the Square Mile, from Bank, Liverpool Street and Moorgate to Aldgate, Cannon Street, St Paul's and Fenchurch Street. Fixed-fee, cloud-first accounting and tax support for EC1, EC2, EC3 and EC4.

    Led by Vipul Katkoria FCCA, MAAT Finance professionals and consultants IR35 contract and status support Xero, QuickBooks and FreeAgent supported HMRC correspondence support

    Quick answers about VMK Accountants in the City of London

    Who are we? VMK Accountants Limited, a registered UK accountancy firm led by Vipul Katkoria FCCA, MAAT, BSc (Hons).

    Where do we work? Across the City of London (EC1, EC2, EC3, EC4), Bank, Liverpool Street, Moorgate, Aldgate, St Paul's, Cannon Street, Fenchurch Street, Barbican and Farringdon.

    Who do we help in the City? Banking and finance professionals, management consultants, solicitors, barristers, IT contractors, recruitment agencies and professional service firms.

    What do we do? Limited company accounts, CT600, director self assessment, IR35 status support, PAYE bonus and RSU reporting, VAT under MTD, payroll, and HMRC enquiries.

    How to engage us? Start with a free 30-minute consultation. We confirm the scope and fee in writing, request professional clearance where needed, and complete secure digital onboarding.

    Working with finance and professional service firms in the Square Mile

    The City of London is dense with regulated finance, professional services, legal practices, consultancies and contractor limited companies. We work with clients across EC1 (Barbican, Farringdon, Clerkenwell), EC2 (Moorgate, Liverpool Street, Bishopsgate), EC3 (Aldgate, Fenchurch Street, Tower Hill) and EC4 (St Paul's, Blackfriars, Cannon Street) on year-end accounts, corporation tax, director self assessment, VAT and monthly payroll, and we're familiar with the specific mix of PAYE bonus income, deferred RSUs, dividend income and rental income that City directors and finance professionals typically report.

    Contractors and consultants operating in the City

    Many of our City clients contract through their own limited companies into investment banks, insurers, law firms and management consultancies. We handle the Ltd company accounts, corporation tax and payroll, run salary/dividend planning around each tax year, and give an honest written view on IR35 status where the contract sits inside or outside. Where clients switch between PAYE roles and contracting mid-year, we manage the transition cleanly with HMRC so there are no surprises at self assessment time.

    Records that make a City tax review more accurate

    City professionals often have more than one reporting source. A useful review starts with the P60 and P11D, bonus and RSU vesting statements, dividend vouchers, pension contribution records, investment disposals, property statements and details of foreign income or gains. Contractors should also retain the contract, any Status Determination Statement, working-practice evidence, company bank records and expenses. Reviewing the full set together reduces duplicated income and missed reliefs.

    How company and personal filings fit together

    A director's company accounts, CT600, payroll, VAT returns and personal Self Assessment should tell one consistent story. We reconcile salary, benefits, dividends and expenses across the company and personal records, then flag deadlines and decisions before filing. This joined-up approach is especially useful when someone moves between PAYE employment and contracting, receives share-based pay, or has rental and investment income alongside their City role.

    Why choose VMK as your City of London accountant

    You get qualified, direct advice, not a portal you shout into or a junior clerk you never meet. Fees are fixed and agreed up front, deadlines are managed for you, and the whole engagement runs through Xero, our secure portal and Zoom. It's built for busy City professionals who don't want their accountant to be another admin task on their to-do list.

    Seven specialist MTD guides

    Making Tax Digital accountant in the City of London

    VMK supports landlords, sole traders and VAT-registered businesses in the City of Londonwith Making Tax Digital. We check whether and when MTD applies, set up compatible software, organise digital records and support quarterly updates and the final tax return. Landlords receive property-specific help for rental income, joint ownership, portfolios and foreign property.

    Making Tax Digital for landlords in the City of London

    Threshold checks, digital rental records, jointly owned property and quarterly update support.

    Read the specialist guide

    Making Tax Digital for sole traders in the City of London

    Digital self-employment records, MTD start-date checks and help moving from annual bookkeeping.

    Read the specialist guide

    MTD for Income Tax in the City of London

    The qualifying-income rules, phased thresholds, exemptions and year-end tax-return process.

    Read the specialist guide

    MTD quarterly submissions in the City of London

    What quarterly updates contain, the update periods and how compatible software sends totals to HMRC.

    Read the specialist guide

    MTD software setup in the City of London

    Help choosing and configuring compatible software, bank feeds and secure digital links.

    Read the specialist guide

    MTD bookkeeping in the City of London

    Accurate digital income and expense records that stay ready for quarterly updates and the tax return.

    Read the specialist guide

    MTD for property income in the City of London

    Organise rents, repairs, agent fees, service charges, finance costs and foreign-property records.

    Read the specialist guide

    Current MTD for Income Tax rules

    MTD for Income Tax applies in phases to eligible sole traders and landlords with qualifying gross self-employment and property income over £50,000 from 6 April 2026, over £30,000 from 6 April 2027, and over £20,000 from 6 April 2028. We check the relevant tax return, combined qualifying income and any exemption before recommending software or registration.

    Check GOV.UK guidance

    Confidential HMRC disclosure support

    Undeclared rental and India income help for the City of London

    VMK supports the City of London clients who have discovered missing income or received an HMRC letter. We establish the relevant years, income sources, ownership and filing history before calculating a defensible UK tax position and selecting the appropriate response or disclosure route.

    Landlord disclosure

    HMRC letter about undeclared rental income

    Help for landlords with two, five, ten or more potentially undeclared years, whether the property is in the UK or overseas. The correct route depends on the complete HMRC letter, whether returns were filed, when letting began and why the income was omitted.

    • Review the letter, response date, ownership and tax-return history.
    • Reconstruct rent and allowable costs from bank, agent, mortgage and property records.
    • Prepare the appropriate returns, amendments or Let Property Campaign disclosure.
    HMRC rental-income letter guide Let Property Campaign help

    India and overseas disclosure

    HMRC letter about income or assets in India

    UK-side support where Indian income was omitted, including fixed-deposit interest, NRO, NRE or FCNR accounts, Indian property rent, dividends, investments, pensions and capital gains. Holding an account is not itself the tax calculation; residence, source, remittance rules and each tax year must be reviewed.

    • Review HMRC correspondence and UK residence for each affected year.
    • Reconcile Indian bank statements, FD certificates, TDS, Form 26AS or AIS and property records.
    • Calculate sterling figures, consider treaty relief and prepare the correct UK return or Worldwide Disclosure Facility submission.
    India income disclosure guide HMRC Worldwide Disclosure Facility
    Before responding: keep the complete HMRC letter and envelope, avoid guessing figures, and gather the records you already have. VMK advises on the UK tax and disclosure position; Indian tax returns or legal work may require an appropriately qualified adviser in India.

    What's included

    Core services

    • Limited company accounts
    • Corporation tax returns (CT600)
    • Director self assessment (SA100)
    • VAT returns under Making Tax Digital
    • Payroll and PAYE
    • Bookkeeping in Xero / QuickBooks

    For City professionals

    • Written IR35 status support
    • Salary vs dividend planning
    • Bonus, RSU and vested-share reporting
    • Pension contribution planning
    • Second-income self assessment
    • Foreign income and gains reporting

    Who we help

    • Finance and banking professionals
    • Management consultants
    • Solicitors and barristers
    • IT and technology contractors
    • Recruitment and search firms
    • Professional service firms

    Established and accountable

    Advice from a registered London accountancy firm

    VMK Accountants Limited has served clients since 2001. The firm is based in Kenton, Harrow and is led by Vipul Katkoria FCCA, MAAT, BSc (Hons), giving clients a named, qualified point of contact for their accounts and tax work.

    Meet VMK AccountantsVerify the company at Companies House
    Registered company
    VMK Accountants Limited
    Company no. 04288796
    Established
    17 September 2001
    Kenton, Harrow office

    How it works

    1. 1

      Initial review

      Tell us about your work, company, income sources and current concerns.

    2. 2

      Records check

      We identify the company, payroll, VAT and personal tax records needed.

    3. 3

      Written scope

      You receive a clear service scope, responsibilities and fixed quotation.

    4. 4

      Secure onboarding

      We arrange clearance, authorisations and a joined-up filing timetable.

    Frequently asked questions

    Are you City of London accountants?+

    Yes. We support clients across EC1, EC2, EC3 and EC4, from Bank and Moorgate to Aldgate, St Paul's and Farringdon, with fully remote onboarding and cloud accounting throughout.

    Do I need a physical accountant in the City?+

    No. Most of our City clients work with us fully remotely via Xero, our client portal and Zoom. Being physically local matters less than having an accountant who responds within hours and understands your work.

    How much do City of London accountants charge?+

    The fee depends on the records, transaction volume, payroll, VAT and advisory work required. We review the scope first and provide a fixed written quotation before any work begins.

    Do you handle IR35 for City contractors?+

    Yes. We can review contracts, working practices and any Status Determination Statement, explain the tax consequences, and help keep the company and personal reporting consistent. Responsibility for issuing a status determination depends on the engagement and off-payroll rules that apply.

    Can you report bonus, RSU and vested share income?+

    Yes. We include PAYE bonus income, restricted stock units, ESPP shares and deferred cash bonuses in your self assessment, and cross-check the P60/P11D against your payslips to make sure nothing is double-counted.

    Can you help with foreign income and gains?+

    Yes. We can report non-UK employment income, foreign rental income, overseas dividends and gains, and review the foreign income and gains regime introduced from 6 April 2025. Historic remittances and residence history may also need separate consideration.

    How do you handle director self assessment?+

    We prepare and file SA100 including employment pages, dividends, savings and investment income, self-employment or partnership pages, property income (SA105), capital gains (SA108) and foreign pages (SA106) as needed.

    Can you help with an HMRC enquiry or nudge letter?+

    Yes. We handle correspondence with HMRC directly under our agent authorisation, respond to nudge letters and Worldwide Disclosure Facility approaches, and represent you through full compliance checks or enquiries.

    How do I switch to VMK?+

    Once the scope and fee are agreed, we request professional clearance, review the accounting data and arrange HMRC agent authorisation. Timing depends on how quickly records and clearance are received.

    Do you provide Making Tax Digital support in the City of London?+

    Yes. VMK helps the City of London landlords and sole traders check when MTD for Income Tax applies, choose compatible software, keep digital records, send quarterly updates and complete the year-end tax return.

    Can you help the City of London landlords with MTD for property income?+

    Yes. We help organise digital rental-income and expense records, including jointly owned and foreign property, and check the qualifying-income threshold and start date before registration.

    Can you help if HMRC writes about undeclared rental income in the City of London?+

    Yes. We review the complete HMRC letter and deadline, establish the affected properties, owners and tax years, reconstruct the rental figures and prepare the appropriate return, amendment or disclosure.

    Can you help the City of London residents disclose fixed-deposit interest or other income from India?+

    Yes. VMK handles the UK-side review of Indian fixed deposits, bank interest, property rent, investments, pensions and gains. We check residence and filing history before deciding whether returns, amendments or the Worldwide Disclosure Facility are appropriate.

    Related services & resources

    Rental Property Accountants

    Rental accounts and property tax for Central London landlords.

    HMRC India & Overseas Income Letters

    UK disclosure support for Indian accounts, property and investments.

    Accountants in Central London

    Main Central London landing page.

    Accountants in Canary Wharf

    For contractors and finance professionals.

    Accountants in Shoreditch & Old Street

    Nearby EC1 tech and startup base.

    Limited Company Accountant

    Full Ltd company service and CT600 filing.

    Corporation Tax Accountant

    CT600 filing, allowances and planning.

    Self Assessment Tax Return

    SA100 returns for directors.

    VAT Accountants

    VAT returns and MTD.

    HMRC Enquiry Accountant

    Nudge letters, checks and formal enquiries.

    VMK Accountants Ltd

    17 Hunters Grove, Kenton, Harrow HA3 9AB

    07956 309363
    admin@vmkaccountants.co.uk

    Speak to a City of London accountant today

    Whether you need help with limited company accounts, IR35, self assessment, VAT or an HMRC enquiry, we can help. Book a free, no-obligation 30-minute consultation.

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