Get Money to Burn

You might be thinking that I am just joking but I am not. It was a few months ago that my best friend from college, Liam, approached me about starting our own business. We'd always been very keen on the starting our own consultancy firm and having worked for others for over 20 years we felt the time was now. It was a great idea but we did not get time to do something practically over it. We decided that Newcastle was the right market for it and after many years of being away, Liam moved back to Newcastle for the first time since our university days.

It took a few months to get the logistics of the firm but we realized that we did not have a strong grip on our finances. Finding a reliable Accountant in Newcastle could have been difficult. However, through a friend we found Accountants based in Newcastle upon Tyne.

Liam and I had never been proficient in dealing with our accounts and we needed someone who would be trustworthy and reliable while telling us exactly what we needed to know: jargon free. This is exactly the kind of service that we received with our accountant in Newcastle.

Within a few months we'd realized that not only were all our accounts in order but we had some extra cash to spare! It was a great deal for us and very unexpected occurred Our VAT return was looking very healthy and in order and as well as that our accountant had us jiggle a bit of our finances around the company so that we didn't end up giving every penny to the Tax man - he had tips that we were totally clueless about.

One of the best examples of their work was their payroll service. Not only did they set it up so that we were getting officially paid they did it so that we paid the minimum of National Insurance and therefore maximized our tax-deductible dividend. Superb and their rates were very agreeable. Business is booming - or at least it looks that way on the books!

Position of An Accountant

Accountant can be either a colossal burden or a colossal help; there does not seem to be a happy medium, that's why it is vital for any small business to find a reliable accountant early and keep them! Many money embarrassment

You may find many Accountants from the market who are experts in their field do do this job and they are reliable too!