Expert small business advisors in the North-East
We’ve been advising owner managers in the North East for over three and half decades now, and as a result we’re not afraid to label ourselves as expert small business advisors. We’ve advised hundreds of the region’s small businesses, helping them prosper with our straightforward and commercial advice. If growth is what you’re looking for, we’re the people to speak to.
At Haines Watts, we speak your language. We work with small businesses every day and we know first-hand the problems that you face.
We’re committed to building long term business relationships, and in the process cementing ourselves as your key professional advisor. This means we’ll…
- Provide you with a dedicated relationship partner to co-ordinate all the services available to you
- Be available to you all year round to discuss worries, business challenges and plans
- Respond to your phone-call or email enquiries within 24 hours
- Take a straightforward and practical approach to all of your financial affairs
We always take time at the beginning of a new business relationship to get to understand you and your company. That way, we can give you bespoke advice that focuses on helping you to achieve your personal and business goals.
Our practice is owned and managed by its partners, so we really do know what it’s like to run a business. Because of our expertise, clients often use us as a sounding board for all sorts of strategic, financial and business decisions.
We ensure we have regular contact with our clients, and our team is available to you all year round to discuss whatever challenges you are facing.
As a small business owner, you’ve probably got more important things to worry about than doing the books. Let’s be honest, that time would be much better spent working on your business.
We can provide you with all the essentials you need to help your business flourish. Because of our national network, our clients also have access to over 100 specialist services to help with every aspect of their business & personal needs. We’re specialist small business accountants in Newcastle, but that’s not all we do…
We’re able to provide you with a fixed price service which clearly sets out the cost of the year end work in advance. Our work is carefully planned to ensure minimum disruption to your business, and is then carried out quickly and efficiently by qualified staff. We have established procedures in place to ensure that filing deadlines are met on time, every time.
Our payroll bureau can provide you with a comprehensive service which includes:
- Processing of your monthly/annual payroll including calculation of PAYE/NIC, SSP, SMP, adoption pay, paternity pay and student loan repayments
- Production of payslips
- BACS advice summary
- Information needs to satisfy HM Revenue & Customs
- Electronic submission of all payroll year end reports
We think of taxation as a controllable overhead and our work will be concentrated on reducing the impact of corporate and personal tax. As well as dealing with everyday tax matters, we have developed strong technical tax expertise to solve problems and undertake one-off tax planning assignments for both individuals and companies.
By being in contact with you throughout the year, we can identify tax planning opportunities and discuss mitigating potential corporation tax liabilities.
You can spend time grappling with VAT rules and calculating returns – or you can get our specialist VAT consultants to help. Having access to our expertise more often than not leads to better cash flow and can result in rebates where you’ve overpaid your VAT.
Our specialist is on hand look at trading activity, provide advice on whether VAT registration is necessary and ensure you are taking advantage of the VAT relief available to your business.
Making tax digital (MTD)
There are big changes coming to the way businesses and individuals report their tax to HMRC. MTD signals the end of the annual tax return for millions of people. Instead, it will be replaced with quarterly digital updates in which you register, file and pay your tax electronically.
In theory, this will make it easier for individuals to check information held by HMRC, allow for tax in real time, provide a picture of taxpayers’ liabilities and entitlements in one place, and enable people to interact digitally with HMRC.
MTD will likely mean a transformation in the way you and your business operate, and we can help you make sense of these changes and their impact.
Overview of services available to small businesses
Our services include, but are not limited to:
- Preparation of annual statutory financial statements
- Payroll and bookkeeping services
- Director’s tax returns
- Corporation tax computation and CT600
- Access to specialist R&D tax advisors
- Preparation and submission of your self-assessment tax return
- Dealing with HMRC on your behalf
- Setting up a Limited company and other company secretarial matters
- Access to third party pensions and investment advice
- Access to our VAT consultant
- Access to funding and grant specialists
- Business advice all year round
Haines Watts – specialist small business accountants
As a Top 15 firm of chartered accountants, we provide our clients with a service expected from national brand but delivered with the personal approach of a local firm. You’ll have a dedicated accountant who will be available to you all year round.
We’re up front about all of our costs. The price we quote you will be the price you pay – all of our calls and meetings are included in. Don’t think that our fees will be inflated just because we’re a national brand; we’re very competitive with our prices. We’re all about giving you value for money and you can expect our fees to be more akin to that of a local accounting firm.
We love hearing about businesses, so if you’ve got a spare hour, why not arrange a meeting with one of our small business accountants in Newcastle? Our initial consultations are always free and there’s no commitment to anything.