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.

Latest News

Amazing amount raised for the Great North Air Ambulance Service - £10182 and still rising!

Tricia and staff were delighted to hand over their cheque at the Air Angels Ball at the Hilton,… 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 >

Services

Services

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