Introduction
Weaccountax is providing accounting and business consultancy services in Newcastle upon Tyne for a long period of time. The factor that makes us stand out among the several accounting companies in the city is the expertise and skills of our team of highly qualified accountants, taxation agents, and payroll management experts. From small businesses to high volume and multinational businesses are taking advantage of our expertise and effectiveness for making them tension free about their financials and taxation activities. If you are facing any sort of problems with your accounts, tax affairs, or payroll management, we are always ready to help you in the best possible way and make your life easy.
Accounting services in Newcastle upon Tyne
We are providing following accounting and company formation services in the Newcastle upon Tyne in order to make the life easy for business owners and facilitate them in a better way.
Company Formation
Setting up a new business is not a much easy task, specifically when you are unaware of the starting point. Even people familiar with the steps and procedures get confused due to the complexities and complications of the legal requirements and regulations implemented by the Companies House. If you are the one who wants to initiate any sort of business in the Newcastle upon Tyne, hiring a professional business consultancy like Weaccountax is necessary for the procedural approach to get your business registered with Companies House. We help our clients not only through making the registration process easy, but also by providing the documents like certificate of incorporation, statement of capital holding, articles of association, and memorandum of association that are necessary for the business formation process.
Company Address Services
Weaccountax is highly efficient in providing the best quality company address services to its client businesses and helping them in managing their mails. According to the business formation laws, it is essential to have an operational and physical company address for the official communications and business dealings. For the businesses that are managed from houses the issues of privacy is becoming bigger, in this regard, we are there to help such businesses to keep their business addresses confidential and provide authentic and exclusive addresses as well as outstanding mailing services to make it easy for them to get their mails anytime.
Trademark Registration
Trademark registration is a compulsory part of business formation and is required by Companies House to list a business in its directories for the public. Regardless of the legal needs of the trademark registration, it is also important for making any business known in the market as it gives an identity to the products or services of the respective business. Weaccountax can provide trademark registration designing services efficiently as our designing professionals and registration agents are equipped with the latest tools and strategies to design and getting it registered with Companies House, respectively. Our designed trademarks will exclusively attract maximum customers and convey a strong message about the authenticity of your services and products.
Annual Accounts Services
The submission of the financial activities, performance, and the status of your business in the preceding years in the shape of a detailed report, to HMRC, Companies House, and other stakeholders on an annual basis is compulsory. Your financial report must contain the details like profit-loss analysis, balance sheet, comparative analysis of the performance with previous years, director’s report, accountants, report, SWOT analysis, advice for the future business development, and notes for accounts. Weaccountax is a commended accounting firm in Newcastle upon Tyne that can help you in preparing your reports accurately and in accordance with the criteria of the respective authority and within the deadlines.
Annual Return Filling Services
Weaccountax has all the required expertise and skills to help businesses in filling and preparing their annual returns or the confirmation statements according to the rules and regulations implemented by the Companies House in this regard. Specifically, small businesses that do not have their accounting services can face issues in providing the required details and calculations, and failing to submit the return within the deadline or criteria set by the respective authority can cause heavy fines and surcharges. So, in this regard, hiring us can benefit them to avoid any sort of legal complexities as our experts can help them to meet the criteria and deadlines efficiently.
Taxation Services in Newcastle Upon Tyne
Businesses in Newcastle upon Tyne that are facing any sort of taxation issues can hire our consultants for the following purposes and can make their life easy.
VAT Return
If your business is registered with HMRC and is charging output VAT from customers and claiming input VAT from HMRC on its purchases, it is required to submit a return on a quarterly basis. A Vat return contains details like total sales and purchases, amount of VAT that respective business owes to HMRC, amount of claimed VAT, refunds, exemptions, and other related particulars. The calculation of such complex amounts basing on the taxation formulas and collected documents can be a tough and time-consuming task. Weaccountax’s experts are up to the mark in preparing VAT returns for you and helping you in meeting deadlines to avoid any kind of penalties and other legal complications.
VAT Registration Services
£85,000 is the threshold set by the HMRC for the businesses to get registered for VAT, and if a business has a turnover of £85,000 or above and even it is expecting to meet the threshold within next 30 days, it is required to be registered with HMRC for VAT within 30 days. Failing to register within the specified time may cause heavy penalties and surcharges for such businesses. Weaccountax Newcastle upon Tyne is fully efficient to help such businesses to meet the legal requirements and making them able to claim VAT on their purchases and sales from HMRC and customers respectively.
Income Tax Returns
Every self-employed and business partner who is residing in the UK is required to pay income tax and file a self-assessment return on an annual basis. ITR or self-assessment return includes the particulars like your total income, expenses, tax liabilities, refunds, claimed reliefs and exceptions, and deductions. Weaccountax is providing high-end services for the preparation of such returns with complete accuracy according to the HMRC’s requirements. Our taxation experts are fully efficient to manage all your related documents and help you in meeting the deadlines to avoid penalties and surcharges due to lates or inaccuracies.
Capital Gain Tax Return
On the profit from the sale activity of a chargeable property or possession, every UK domiciled individual and business is required to pay capital gain tax with the certain tax rate set by the HMRC. If you are the one who is facing issues with the preparation and calculation of CGT, Weaccountax is there to help you in every possible way. Our professionals can help you with identifying every potential deduction and exemption to allow you to pay minimum CGT to HMRC.
Inheritance Tax Return
Weaccountax has all efficiencies and skills to help its clients in preparing their inheritance tax returns and making the right calculations to pay exact amounts of IHT to the respective authority. Every individual is required to pay tax on the transfer of the properties or cash in the form of inheritance to the next generation. We help our customers to identify the ways to pay minimum IHT by claiming maximum exemptions and reliefs from HMRC. If you are facing issues with the calculations and filing returns on the inheritance transfer, our professionals are up to the mark to help you in every possible way to enable you to pay the minimum and transfer maximum.
PAYROLL Services in Newcastle upon Tyne
The complexities and opacities in modern payroll management systems can make it difficult for businesses to manage their payroll-related tasks. If you are one of them, Weaccountax Newcastle upon Tyne is there to help you with the following services.
PAYE Registration Services
It is essential for every business to be registered as an employer with HMRC before hiring workers for business operations. Weaccountax is serving a large number of businesses by helping them in making the registration process easy and preparing the documents for the PAYE registration. Being a business owner, you are required to provide details of your employees to HMRC for developing a payroll management system for making direct deductions from their salaries in the form of income tax and national insurance returns. We are experts in dealing with these tasks efficiently.
Payroll Services
For the businesses which are facing complexities and issues with their payroll-related tasks and affairs, weaccountax is a perfect choice. Our payroll experts are fully equipped with the latest payroll management tools and technologies, which allow us to provide every possible ease to our client business. With the help of our online payroll management system, such businesses can deal with their employee-related tasks like the generation of salary slips, management of data and making summaries of their performance, making deductions, or offering allowances efficiently. In the Newcastle upon Tyne, our payroll services are considered as the hallmark for other accounting companies.
PAYROLL Services in Newcastle upon Tyne
The complexities and opacities in modern payroll management systems can make it difficult for businesses to manage their payroll-related tasks. If you are one of them, Weaccountax Newcastle upon Tyne is there to help you with the following services.
PAYE Registration Services
It is essential for every business to be registered as an employer with HMRC before hiring workers for business operations. Weaccountax is serving a large number of businesses by helping them in making the registration process easy and preparing the documents for the PAYE registration. Being a business owner, you are required to provide details of your employees to HMRC for developing a payroll management system for making direct deductions from their salaries in the form of income tax and national insurance returns. We are experts in dealing with these tasks efficiently.
Payroll Services
For the businesses which are facing complexities and issues with their payroll-related tasks and affairs, weaccountax is a perfect choice. Our payroll experts are fully equipped with the latest payroll management tools and technologies, which allow us to provide every possible ease to our client business. With the help of our online payroll management system, such businesses can deal with their employee-related tasks like the generation of salary slips, management of data and making summaries of their performance, making deductions, or offering allowances efficiently. In the Newcastle upon Tyne, our payroll services are considered as the hallmark for other accounting companies.
