Freelancer Accountants · North East
Freelancer accountants in Newcastle upon Tyne
Freelancer accounting in Newcastle upon Tyne: sole trader freelancers get bookkeeping and the tax return for £45 a month, limited company freelancers get full compliance for £79, and those who only want the year-end done pay £229 a year. Fixed, published, and the same in Newcastle upon Tyne as in every other part of England.
from £45/mo · fixed, per month
Next deadlines
- Online Self Assessment filing deadline and balancing payment due
- Making Tax Digital for Income Tax: quarterly updates for sole traders and landlords over £50,000 (from April 2026) and over £30,000 (from April 2027)
- Second payment on account due
- Companies House accounts due 9 months after your year end (a 31 December year end files by 30 September)
Who this is for
Freelancer Accountants for Newcastle upon Tyne
Freelancers and independent professionals in Newcastle upon Tyne: designers, developers, writers and editors, marketers, photographers and videographers, consultants, translators, musicians and performers, tutors and coaches, whether trading as a sole trader, through a limited company, or still deciding, and whether full time or alongside employment.
What is included
Everything inside the fixed fee
- Monthly bookkeeping from your bank feed with invoices and expenses captured by phone
- Self Assessment with the self-employment pages for sole trader freelancers, or accounts, CT600 and payroll for company freelancers
- Expense review for the costs freelancers miss: home office, equipment, software, subscriptions, training, travel
- Payments on account and a monthly set-aside figure so the January bill is never a surprise
- Making Tax Digital readiness and quarterly updates when your income reaches the threshold
- A going-freelance starter session covering structure, registration, pricing for tax and what to keep
How it works
Freelancer Accountants from Newcastle upon Tyne, step by step
Tell us your situation
A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.
Fixed fee in writing
You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.
Send records, review the draft
Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.
We file, you get the receipts
Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.
Why IGI
The IGI way of working, in Newcastle upon Tyne
One fixed fee for freelancer accountants in Newcastle upon Tyne, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.
Nothing for Newcastle upon Tyne is left to the last week. Each deadline relevant to freelancer accountants is tracked from the day you join, with the next four shown on every page we send you.
We serve Newcastle upon Tyne remotely by design: records by WhatsApp or email, drafts back for approval, filing electronic. The saving on premises is passed to you in the fee for freelancer accountants.
A named person handles your freelancer accountants from Newcastle upon Tyne and knows the file, so you are not re-explaining your business to a different helpdesk each time.
We explain freelancer accountants in the words Newcastle upon Tyne business owners use, not in accountant's shorthand, and we show our working so you can check it.
Nothing is filed for Newcastle upon Tyne 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.
Local facts
About Newcastle upon Tyne
Newcastle upon Tyne is in North East, in the NE1 postcode district, England. Income tax in England follows the UK rates: 20% basic to £50,270, 40% higher to £125,140 and 45% additional, with the personal allowance of £12,570 tapered away above £100,000. National Insurance, VAT and Corporation Tax are UK-wide, and Stamp Duty Land Tax applies to property purchases.
| Place | Distance | Direction |
|---|---|---|
| Leazes, The | 0.5 mi | NW |
| The Leazes | 0.5 mi | NW |
| Shieldfield | 0.5 mi | E |
| Oakwellgate | 0.6 mi | SE |
| Brandling Village | 0.7 mi | N |
| Battle Field, North East | 0.7 mi | E |
| Battlefield, North East | 0.7 mi | E |
| Stepney, Newcastle upon Tyne | 0.7 mi | E |
Worth knowing
Rules that come up in this work
Dormant companies
Dormancy is a status that is easy to lose. The strict rule is no accounting transactions other than share capital and Companies House fees, which means no bank account activity at all in practice. Fees should be paid personally by the director. A company that traded and has stopped becomes dormant only after its final trading accounts and tax return are filed and HMRC is told.
The trading and property allowances
Not every small income needs a tax return. The trading allowance exempts the first £1,000 of self-employment or casual income and the property allowance does the same for rental income, each measured on gross receipts. They cannot be combined with rent-a-room relief on the same income, and claiming the allowance means giving up the expense deduction for that source.
Employer National Insurance
Since April 2025 employer National Insurance has been 15% on earnings above a £5,000 secondary threshold, a substantial increase for small employers. The Employment Allowance rose to £10,500 at the same time to soften it for the smallest businesses. Directors deciding their own salary weigh this cost against the Corporation Tax deduction a salary provides.
Workplace pensions and auto-enrolment
Every employer must assess its workers for automatic enrolment from the first employee's start date. Those aged 22 to State Pension age earning over £10,000 a year must be enrolled into a qualifying pension with minimum contributions of 8% of qualifying earnings, at least 3% from the employer, and a declaration of compliance made to the Pensions Regulator within five months.
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.
Allowable expenses
An expense is allowable against trading profit if it is incurred wholly and exclusively for the business. Materials, business travel other than ordinary commuting, a proportion of home running costs, software, insurance, professional fees, bank charges and protective clothing qualify. Client entertainment, ordinary clothing, fines and the private share of mixed-use costs do not.
Crypto records and reporting
Most crypto holders have taxable events they do not recognise, because every swap is a disposal even when no pounds change hands. The computation requires the complete transaction history from every exchange and wallet, pooled by asset with HMRC's matching rules applied. Exchange-generated tax reports are frequently wrong because they cannot see transfers between a user's own wallets.
Questions
Freelancer Accountants questions from Newcastle upon Tyne
Do I need to register for VAT?
Only when your taxable turnover in any rolling 12 months exceeds £90,000, or voluntarily before that. Many freelancers with business clients register voluntarily to reclaim VAT on equipment; those with consumer clients usually wait. We monitor your rolling turnover and advise before the threshold is reached.
How do you handle irregular and overseas income?
Irregular income is normal for freelancers and the monthly summary shows the year-to-date position so lean months are planned for. Overseas clients are invoiced without UK VAT in most cases, and any foreign tax withheld can usually be credited against your UK liability. Both are handled within the package.
What is the starter session?
A £99 video call before or soon after you go freelance, covering the sole trader versus company decision, registration with HMRC, how to price so that tax is covered, what records to keep and how, invoicing and payment terms, and the dates that matter. You come away with a written plan. If you then join a monthly package the £99 is credited.
Does Making Tax Digital apply to freelancers?
If your gross self-employment plus property income was over £50,000 in 2024/25 you joined MTD for Income Tax in April 2026; over £30,000 means April 2027; over £20,000 is planned for April 2028. It means digital records and quarterly updates. Our monthly package keeps the records in the right form and submits the updates.
How much should I set aside for tax?
For a sole trader, roughly 20% to 30% of profit covers income tax and Class 4 National Insurance at basic rate, more at higher rate, plus payments on account in the first year they apply. We give you a specific monthly figure based on your actual profit each month, which is more useful than a rule of thumb.
What expenses can freelancers claim?
A proportion of home costs for the space and hours you work there, or HMRC's flat rate; equipment and software; professional subscriptions and insurance; training that maintains existing skills; business travel other than commuting; marketing and website costs; bank charges; and the business share of phone and internet. We review your categories every month.
Which deadlines matter most for freelancer accountants?
The next four dates that apply to freelancer accountants are shown at the top of this page, calculated from today. For Newcastle upon Tyne clients we diarise every one of them from the day you join and send reminders before each, so the work is done in good time rather than in the last week before a penalty.
How do I get started from Newcastle upon Tyne?
Message us on WhatsApp or email with a sentence about your business and what you need. We reply in working hours with any questions and a fixed fee for freelancer accountants. Once you confirm, we tell you exactly which records to send and the work begins. Most Newcastle upon Tyne clients are set up within a day.
One message from Newcastle upon Tyne, one fixed price
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.