Frequently asked questions
Answers to common questions about working with an accountant in Newcastle, fees, services, switching, and key tax deadlines. Can’t find what you need? Just ask.
General
An accountant keeps you compliant (accounts, tax returns, VAT and payroll), makes sure your records are accurate, claims the allowances and expenses you are entitled to, and helps you plan ahead and make better decisions. We take the financial admin off your plate and help you keep more of what you earn, legitimately.
Yes. We support clients across the North East and, through secure online working, throughout the UK, with phone and video meetings to suit you.
Yes. Switching is straightforward, with your permission we obtain professional clearance and the handover information from your previous accountant and manage the transition so nothing is missed.
No. Most of our work is handled securely online, which is quicker and more convenient. Where meeting in person genuinely helps, we can arrange it.
Fees & getting started
It depends on your business structure and the services you need. We work on fixed fees agreed in advance, with the option to pay monthly, so you always know the cost before any work begins.
Yes. The initial conversation is free and without obligation, so you can decide whether we are the right fit before committing.
Our agreements are designed to be fair and flexible. We aim to earn your business each year through the service we provide.
Get in touch for a free chat. We will understand what you need, send a clear proposal with a fixed fee, and once you are happy we take it from there.
Services
Yes. We offer everything from fully managed bookkeeping to light-touch support, alongside year-end accounts, tax, VAT, payroll and advisory services, all joined up.
We work across the main platforms, including Xero, QuickBooks and FreeAgent, and recommend the one that genuinely suits your business.
Yes. We model the tax and admin differences for your specific numbers and recommend the structure that fits your circumstances and plans.
Yes. We run accurate, RTI-compliant payroll including payslips, pension auto-enrolment and HMRC submissions, for one director or a whole team.
Tax & deadlines
For a typical tax year, online returns and any tax due are generally due by 31 January, with paper returns due earlier by 31 October. We file well ahead of time. Always confirm current dates on GOV.UK.
Registration is compulsory once your taxable turnover exceeds £90,000 over any rolling 12-month period, or if you expect to exceed it within 30 days. Some businesses also register voluntarily.
For the 2026/27 tax year, the small profits rate is 19% on profits up to £50,000, and the main rate is 25% on profits over £250,000, with Marginal Relief in between. Figures can change at fiscal events, check GOV.UK.
If you are VAT-registered, MTD for VAT already applies. For sole traders and landlords, MTD for Income Tax applies from 6 April 2026 where qualifying income is over £50,000, with lower thresholds following. We can confirm where you stand.
Still have a question?
Get in touch and we will give you a clear, straightforward answer, no obligation.