Accounting and Taxation advice in Hexham, Northumberland

Start up - Tax credits

Starting a business can be very daunting - and is further complicated by the lack of regular income from the business in the early years.

Working and Child Tax Credits can be a valuable source of income during this "lean" period and with careful planning it may be possible to extend this benefit over a longer period than you might expect.

We recently worked with a client, who was starting a business, to recover Tax Credits in excess of £10,000 per year - which we expect to continue for up to three years - even whilst the business itself is growing profitably.

We can ensure that you are maximising your Tax Credits, in addition to minimising your overall tax bill.

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Thoughts for the week ending 3rd July

Hi folks,I must begin by offering my most sincere sympathies to our MP for Hexham Guy Opperman and… more >

MAKING TAX DIGITAL (MTD)

Are you ready?

You may well need to prepare your business for this fundamental HMRC change to the tax system.... more >

About Us

Meet the team

Patricia J Arnold & Co Ltd was founded in 1985 to provide accounting and taxation advice... more >

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We provide a professional and friendly service tailored to individuals, partnerships... more >