Tax Accountants Stockton

Our specialist tax accountants based in Stockton and across the North East cover all areas of tax advice and tax services, which includes:

Taxation and Payroll Services

Our Stockton and North East based taxation teams provide tax compliance and advisory payroll services to large corporations, shareholders, SMEs and individuals. Our services deliver real value to our clients, each abiding by our core company values. 

We will have an open conversation with you to identify your goals and requirements, and offer advice tailored towards your best interests. 

After your initial consultation, we will continue to meet with you regularly to discuss legislative developments which may affect you and your business, ensuring you are compliant with the latest HMRC regulations. Our services are offered on a no obligation, no cost basis.

Corporate Tax

Our dedicated tax team work with companies, their shareholders and finance directors, to effectively manage corporate tax compliance obligations and tax costs. We advise on various areas of compliance,  including:

Our corporate tax team in Stockton and the North East also facilitate successful investments. Whether it be for new business ventures, research and development, or new plant and machinery, we help business investors to structure their investments in a tax-efficient manner, taking advantage of as many tax reliefs and exemptions as possible.

Employment Tax and Payroll

Managing employment tax and payroll whilst running a business can be really challenging and time-consuming. At MHA Tait Walker in Stockton and across the North East, we help companies of all shapes and sizes accurately report their income to HMRC, and manage the cost of their employees. 

We can assist you in managing payroll requirements under Auto-Enrolment for Workplace Pensions, as well as payroll taxes under Real Time Information (RTI), and outsourced payroll support. Taking advantage of tax efficient remuneration arrangements, we can help you manage employment costs, including salary sacrifice for pensions, holidays and other flexible benefits. By regularly reviewing payroll policies and processes, we identify and manage the risks of employment tax that impact businesses. Using the latest tax and payroll software, our specialist employment tax team in Stockton ensure all data is processed properly and that all tax requirements are met.

IR35

Changes to IR35 tax reforms came into effect on 6 April 2021. If you need support or have any questions regarding IR35 reforms, contact us on 0191 285 0321 or email advice@taitwalker.co.uk.

Private Client Tax 

Our specialist tax team in Stockton and across the wider North East, work with private clients to ensure their capital gains, income and inheritance taxes are reported properly, whilst taking advantage of as many tax reliefs as possible.

We put our clients at the centre of our private tax service. We will communicate with you regularly, always ensuring you have plenty of notice when your tax is upcoming. We ensure all reports are processed accurately and in a timely manner, including any complex affairs. 

By proactively managing your personal tax compliance requirements, we minimise the risk of requests for further information from HMRC.

VAT and Indirect Taxes

At MHA Tait Walker, we understand dealing with VAT can pose a real challenge to businesses. Our expert VAT team in Stockton can help you manage your VAT compliance requirements, plan transactions, and oversee any costs and cash flow issues which could impact your business. 

Understanding whether a payment is subject to tax can be complicated. Our VAT specialists work with a diverse portfolio of clients, including Exporters, Property Developers, Charities and Not For Profit organisations, as well as businesses acquiring the assets and trade of an ongoing business. We can assist you with VAT compliance, VAT registration for standalone businesses, maximising input VAT recoveries for partially exempt businesses, and health checks of VAT systems to determine potential risks.

Acquisition and Sales Tax 

Business Mergers and Acquisitions can be complicated. Whether your transaction involves an acquisition, disposal, or restructuring of a current business, you need to consider the tax implications. 

Looking at your transactions from an experienced tax perspective, our tax specialists can help minimise your tax costs. We will review the legal documentation for any transactions, constructing business acquisitions and disposals in a tax efficient manner. This means you will reap the benefits of as many tax reliefs and exemptions as possible.

Property Taxes

Property transactions are impacted by a number of tax issues, including Corporate Tax, VAT, Stamp Duty Land Tax, Income Tax and Capital Gains Tax. Our highly experienced tax team can assist in managing taxes for commercial property, property investment and property construction. They can also advise on potential tax reliefs, such as Stamp Duty Land Tax reliefs, Land Remediation relief, Capital Allowances, and Business Premises Renovation Allowance.

We work with various types of client in the property sector, including:

  • Housing developers
  • Commercial and industrial property owners
  • Hotel, pub and club operators
  • Residential and nursing care home operators
  • Architects
  • Land remediation companies
  • Consulting engineers

Taxes for Charities and Not For Profits 

Although charities and not for profit organisations are not subject to corporation tax, they are required to pay employment taxes, VAT, indirect taxes and transaction taxes such as Stamp Duty. 

At MHA Tait Walker, we understand that these taxes can be a cause of stress and financial difficulty for charities and not-for-profit organisations. Our specialist tax team in Stockton works with charities and nonprofits, social enterprises and cooperatives, as well as industrial and provident societies and community interest companies. We ensure all tax compliance requirements are managed efficiently.

 

If you’d like further information about our Tax Accounting Services Stockton call 01641 676 888 or email emma.palleschi@taitwalker.co.uk