Tax returns advice & planning

Tax returns & tax advice


Many people, especially those who are filing a tax return for the first time, find that self-assessment is a daunting and time-consuming task. Newsham & Co will work with you to ensure that your tax return is filed correctly and on time so that you do not incur any penalties. We will undertake all of the calculations and submissions for you, and advise on your liabilities and how to plan for them to avoid any shocks each 31st January.

 

We will work with you to make sure that you are aware of all filing deadlines, so penalties or fines are avoided.

 

We can deal with correspondence with HMRC on your behalf so you don't have to. 

 

Newsham & Co will also advise on ways to reduce the tax you owe. Simple steps can save a lot of money when you have the right know-how and latest tax legislation at your fingertips.


In respect of corporate taxation, whatever form your business takes, we will work with you to help ensure maximum benefit can be gained from the tax system.


Often, taking early advice can lead to the biggest tax planning advantages, and the type of regular contact our clients have directly with the directors of Newsham & Co can readily facilitate this. Our clients tell us time and again, the level of personal contact to obtain regular professional advice is one of the main attractions of using a firm such as Newsham & Co.

 

Of course we will also help you to understand what your tax liabilities are and assist in planning for their payment.

Our services in this area include


  • Self-Assessment
  • VAT
  • PAYE
  • P11D
  • Corporation Tax
  • CIS Returns and Claims
  • Liaising with HMRC on your behalf


We understand that many of our clients either do not feel confident, or simply do not wish to deal with HMRC, preferring to leave such matters to trained professionals. Newsham & Co has agent status with HMRC, meaning that we can deal with all matters relating to tax directly with HMRC on our clients' behalf, and can directly access the tax records held by HMRC on you and/or your business.


Whether you are a sole trader, partnership, or limited company Newsham & Co can provide assistance to help you get your tax affairs in order. Small and medium sized businesses are a particular speciality, often missing out on the allowances and reliefs that are available. 

 

If you are looking for a new accountant, then we look forward to hearing from you, to discuss how using Newsham & Co will benefit you and your business. Contact us now to find out how we can help.

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