From Newcastle’s offshore energy sector and Gateshead’s creative economy to Sunderland’s automotive manufacturing and Durham’s professional services — Hayes brings ACCA-qualified accounting and tax advice that’s built for the North East’s unique business landscape. Transparent pricing. No hidden fees. Real expertise.
Quick Answer
Hayes Chartered Certified Accountants serve Newcastle upon Tyne, Gateshead, Sunderland, Middlesbrough, Durham and Darlington. Self-assessment from £150+VAT. Limited company packages from £75/month. Free first consultation — always.
Serving the North East Since Day One
Tax Accountants & Advisors in Newcastle
Newcastle upon Tyne has spent thirty years reinventing itself — and the result is one of the most distinctive urban economies in the UK. The city that once ran on coal, steel, and shipbuilding now runs on offshore energy services in the North Sea, creative and digital industries clustered around Ouseburn and the Grainger Town quarter, life sciences on the Helix development beside Newcastle University, and a Quayside hospitality and nighttime economy that is famous across the country.
This economic diversity is exciting — but it makes tax genuinely complicated. An offshore energy contractor working from Newcastle on North Sea platforms has entirely different tax considerations from a Grainger Market independent food trader, a Jesmond buy-to-let landlord, or a Newcastle Business School spin-out company. At Hayes, we’ve built expertise across every one of these niches.
What we don’t do is treat Newcastle clients like a generic tick-box. Every client gets a dedicated ACCA-qualified accountant, a fixed fee agreed in writing before any work starts, and access to our team by phone, email, or WhatsApp whenever they need us. That’s the Hayes difference — and it’s why our North East clients stay with us year after year.
What We Cover
Newcastle Accounting Services in UK
The average cost of an accountant in Newcastle upon Tyne depends on the service required. A self-assessment tax return typically costs between £150 and £400+VAT depending on income complexity. A limited company full accounting package — covering year-end accounts, corporation tax, payroll, and VAT — typically ranges from £75 to £250 per month. Hayes Chartered Certified Accountants and Tax Advisors in New Castle upon Tyne and North East offer fixed-fee packages at the lower end of this range, with a free initial consultation and all fees agreed upfront before any work begins.
People Also Ask — Newcastle
Do offshore energy contractors in Newcastle need a limited company?
Most do — and we set them up correctly, with full IR35 analysis from day one.
How do I avoid inheritance tax in the North East?
Through gifting, trusts, and business property relief — we plan it proactively.
What tax do Newcastle landlords pay on rental income?
Income tax at your marginal rate, after allowable expenses and Section 24 restrictions.
Can I switch from sole trader to limited company in Newcastle?
Yes — and we handle the entire transition, including HMRC notifications and incorporation.
Are there accountants in Newcastle who specialise in NHS contractors?
Yes — Hayes has specific expertise in NHS agency contractor tax and pension accounting.
Newcastle Specialist Services
We go beyond standard accounting. Every service below is tailored to North East business realities — from the offshore energy sector on the Tyne to independent traders in the Grainger Market and NHS agency staff across the region’s hospital trusts.
Newcastle’s North Sea offshore energy sector — from Eni and Shell contractors to engineering consultants serving the Tyne — creates some of the most complex personal tax situations in the UK. Day-rate structures, multiple income streams, operational area deductions, and IR35 exposure all need specialist handling. We’ve done it hundreds of times.
NHS locum doctors, agency nurses, and healthcare contractors working across the Newcastle upon Tyne NHS Trust, Northumbria Healthcare, and South Tyneside face a uniquely complex tax picture — NHS pension contributions, off-payroll working rules, and income from multiple trusts all need careful management. Hayes handles all of it.
Newcastle’s student rental market around Jesmond, Heaton, and Sandyford is one of the UK’s busiest. We handle landlord self-assessment, HMO licence tax impacts, Section 24 mortgage interest restrictions, joint ownership structuring, and capital gains planning for Tyne & Wear property investors.
Thousands of Newcastle sole traders — tradespeople, consultants, creative professionals, and retailers — are paying more tax than they need to because they haven’t made the switch to a limited company. We assess your exact position, compare the two structures in numbers, handle the full incorporation if it makes sense, and notify HMRC of your change in status seamlessly.
Property values across Tyne & Wear and County Durham have risen sharply, pushing more North East families into inheritance tax territory without realising it. We review your estate proactively, advise on gifting strategies, identify business property relief where applicable, and work with your legal advisors to ensure your family keeps as much as possible when the time comes.
Selling your Newcastle business is one of the biggest financial events of your life. Getting the tax right — Business Asset Disposal Relief, share vs asset sale structuring, earn-out tax treatment, and reinvestment into other assets — can make a difference of tens of thousands of pounds. We plan your exit from the earliest possible stage to maximise what you take home.
From Quayside restaurant owners to Ouseburn creative freelancers — we file your self-assessment accurately, claim every allowable expense, and submit well ahead of the HMRC deadline. Our Newcastle clients consistently receive refunds they weren’t expecting in their first year.
MTD for VAT is live. MTD for Income Tax is coming. We get Newcastle businesses MTD-ready — migrating records to Xero or QuickBooks, handling quarterly digital submissions, and advising on the VAT flat rate scheme, partial exemption, and domestic reverse charge for construction.
Payroll for Newcastle businesses of all sizes — PAYE, NI, auto-enrolment, and RTI submissions handled on time every run. Plus CIS tax return filing and refund claims for North East construction subcontractors working across regeneration projects from the Tyne to the Wear.
Covering All of the North East UK
From Gateshead’s creative economy across the Tyne to Sunderland’s automotive supply chain, Durham’s cathedral city professionals, and Teesside’s industrial heartland — we serve every business community in the North East.
FAQs
Hayes Chartered Certified Accountants and Tax Advisors are one of the few ACCA-qualified firms offering specialist accounting for offshore energy contractors based in Newcastle and the wider North East. We understand the day-rate income structure, operational area deductions, oil and gas working allowances, IR35 implications for rig-based contractors, and the limited company versus umbrella company decision. Book a free consultation and we’ll assess your exact position at no cost.
Newcastle landlords pay income tax on net rental profit — that is, your rental income minus allowable expenses such as letting agent fees, repairs and maintenance, insurance, and professional fees. Since April 2020, you can no longer deduct mortgage interest directly from rental income under Section 24 — instead you receive a 20% tax credit, which significantly increases the tax bill for higher-rate taxpayers. Many Newcastle HMO landlords in Jesmond and Heaton have been caught out by this change. Hayes reviews your position, calculates the true impact, and advises whether restructuring into a limited company makes financial sense for your portfolio.
More Newcastle businesses qualify than you might think. HMRC’s definition of qualifying R&D includes not just scientific research but also technological development — which covers software development, engineering process improvements, new product design, and even certain construction methods. If your Newcastle business has spent time and money solving technical problems that weren’t straightforward, you may be entitled to a significant R&D tax credit. We assess your eligibility in a free initial conversation.
The Teesworks freeport offers a range of tax incentives for businesses operating within its designated zones — including enhanced capital allowances on plant and machinery, relief from employer National Insurance contributions on new employees, and business rates relief. The exact benefits available depend on your business type, location within the zone, and the nature of your activity. Hayes can advise Darlington and Teesside businesses on how to structure operations to maximise freeport tax relief.
Inheritance tax is charged at 40% on estates above the nil-rate band (currently £325,000 per person, or up to £1 million with the residence nil-rate band and spousal transfer). North East property price growth has pushed many families over these thresholds. Legitimate strategies to reduce IHT include making lifetime gifts (using annual gift allowances), setting up trusts, leaving assets to charity, and claiming business property or agricultural property relief where applicable. Hayes works with your solicitor to create a joined-up estate planning strategy that legally minimises the IHT your family will pay.
Client Reviews — North East
“I’m an offshore energy consultant based in Newcastle and my tax situation was a complete mess. Hayes sorted my limited company, IR35 position, and historic self-assessments in one go. Found £7,200 I’d overpaid. Genuinely exceptional.”
Craig M.Offshore Energy Consultant, Newcastle upon Tyne“We run a creative agency in Gateshead and Hayes have been looking after our accounts for three years. They understand project-based income, know how to handle VAT on EU client work, and are always reachable. Highly recommended.”
Sophie R.Creative Agency Director, Gateshead“I own HMOs in Jesmond and Heaton and the Section 24 changes had completely blindsided me. Hayes did a full portfolio review, restructured how I hold the properties, and I’m now saving over £4,000 a year. Wish I’d called them sooner.”
Raj P.HMO Landlord, Jesmond & Heaton, NewcastleBook your free, no-obligation consultation with Hayes Chartered Certified Accountants. In one call, we’ll identify your tax savings, explain our fixed fees clearly, and show you exactly how we can help your Newcastle business pay less and keep more.
Stop juggling your finances alone. Hayes Chartered Certified Accountants and Tax Consultants offers everything a business or individual needs under one roof — Bookkeeping, VAT returns, payroll, self-assessment tax returns, pension auto enrolment, year end accounts, corporation tax, capital gains tax, CIS tax returns, tax rebates, landlord taxation, management accounts, cash flow management, budgeting and forecasting, tax advisory, company formation, registered address, company secretarial services, and Making Tax Digital (MTD) compliance. One team. Every service. Zero hidden fees.
Book your free consultation today and find out how much we could save you.
