Accounting

North East · England

Accountants in Elswick, Newcastle upon Tyne

If you run a business or have a tax return to file in Elswick, Newcastle upon Tyne, this page lists what we do, what it costs and when it is due. The fees are fixed and identical to those for every other place in North East. We serve Elswick remotely, which means no travel, no appointments and no premises to pay for, and we track the HMRC and Companies House deadlines so that you do not have to.

Next deadlines

  • VAT return and payment for the quarter that ended last month
  • VAT return and payment for the quarter that ended last month
  • VAT return and payment for the quarter that ended last month
  • Confirmation statement due within 14 days of your review date, at least once every 12 months

Services

What we do for Elswick and what it costs

The eight core services below each have a page for Elswick, Newcastle upon Tyne; specialist and advisory services are delivered nationally and are listed further down. Every fee is fixed and confirmed in writing before work starts.

Why IGI

Working with Elswick businesses

Clients in Elswick, Newcastle upon Tyne are not a branch or a territory to us; they are files handled by the same team that serves the rest of the UK, at the same price. The fee you see is confirmed in writing before work starts. The dates you see are diarised and chased. And the person who prepares your first return is the person who prepares the next one.

Nothing is filed for Elswick until you have reviewed and approved it. You see the draft, you ask questions, you sign off, then we submit and send you the receipt.

We explain self assessment tax returns in the words Elswick, Newcastle upon Tyne business owners use, not in accountant's shorthand, and we show our working so you can check it.

Continuity matters in self assessment tax returns: the person who prepared last year's work for your Elswick business prepares this year's, and remembers what was agreed.

Local facts

About Elswick, Newcastle upon Tyne

Elswick, Newcastle upon Tyne sits in North East. For businesses in England the tax rules are those set by the UK Parliament: the 20/40/45% income tax bands, Class 4 National Insurance for the self-employed at 6% and 2%, Corporation Tax at 19% to 25%, and Stamp Duty Land Tax on property. Business rates are set locally by the council.

Nearby places we also serve
PlaceDistanceDirection
Benwell, Low0.2 miNW
Low Benwell0.2 miNW
Fawdon, North East0.4 miW
Benwell, South0.7 miNW
South Benwell0.7 miNW
Dunston, North East0.7 miS
Arthur's Hill0.8 miNE
Paradise, Newcastle upon Tyne0.9 miW

All places in North East · North East places beginning with E

Worth knowing

Rules that affect most businesses here

Closing a company

Striking off a company is cheap but must be done in order: stop trading, file the final accounts and CT600, pay the tax, close VAT and PAYE, distribute the remaining assets, close the bank account, then apply. Anything left in the company at dissolution passes to the Crown. Distributions up to £25,000 are taxed as capital gains; above that a formal liquidation is usually needed to keep capital treatment.

Switching accountants

You can switch accountant at any point in the year. The new firm requests clearance and your records from the old one, which cannot withhold your own documents though it may hold its own working papers until its fees are settled. Agent authorisations with HMRC and Companies House are transferred, and the next deadline is picked up without a gap.

Allowable expenses

The expenses sole traders most often miss are home working costs, claimed by actual proportion or HMRC's flat rate, the business share of phone and internet, mileage at 45p for the first 10,000 business miles, and training that maintains existing skills. The ones most often claimed wrongly are commuting, entertaining customers and clothes that could be worn outside work.

Record keeping

Record keeping is a legal obligation with a penalty of up to £3,000 for failure, but its real value is in making every other filing cheaper and more defensible. Keep invoices, receipts, bank statements, mileage logs and any HMRC correspondence, digitally if you like, for five years after the relevant filing deadline for individuals and six years for companies and VAT.

The 60-day property CGT return

The 60-day Capital Gains Tax return on residential property is the deadline landlords most often miss, because it falls outside the Self Assessment cycle and runs from completion, not exchange. Private residence relief for periods you lived in the property, plus the final nine months, reduces the gain. Penalties for a late return mirror Self Assessment, starting at £100.

Questions

Questions from Elswick

Do you work with businesses in North East that are not in Elswick itself?

Yes. Every place in North East has its own page on this site and the same fees apply throughout. The nearest-places list on this page links to them. Wherever in England your business is based, the service is identical because none of it depends on where you are.

What if my Elswick business is a partnership or an LLP?

Both are covered. Partnerships need a partnership return and a Self Assessment for each partner; LLPs file accounts with Companies House under company-style rules as well. We quote a fixed fee for the set based on the number of partners or members, and the process is the same as for any other client in Elswick, Newcastle upon Tyne: records in, draft out, approve, filed.

Are your fees inclusive of everything?

Our fee covers the work described for the package. Companies House fees, such as £100 to incorporate or £50 for a confirmation statement, are charged separately and passed on at cost. Software subscriptions are in your own name. There is nothing else: no hourly extras, no charge for questions, and no additional year-end invoice for Elswick, Newcastle upon Tyne clients on monthly packages.

How quickly do you respond?

In UK working hours, usually within a few hours and always the same working day. Each Elswick client has a named contact who knows the file. Outside working hours, WhatsApp and email messages are picked up first thing the next morning. In January and at other peak times we tell you your turnaround when you book rather than leaving you guessing.

Is self assessment tax returns in Elswick really the same price as elsewhere?

Yes. The fee published on this page is what a client in Elswick, Newcastle upon Tyne pays and what a client in any other part of England pays. It is confirmed in writing before work starts and the invoice matches the quote. Where a higher package applies because your situation is more complex, we say so at the quote stage, never afterwards.

Do you have an office in Elswick?

No. IGI Accounting is an online-only firm. We serve Elswick, Newcastle upon Tyne and every other UK postcode remotely, with records sent by WhatsApp or email and everything filed electronically. The absence of local premises is why the fee for self assessment tax returns is the same in Elswick as anywhere else in the country, and why there is nothing to visit and nothing to print.

Fixed fees, filed on time, for Elswick

Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.

WhatsApp for a fixed quote