Start your epic business journey
by saving thousands of pounds in tax.
We tie in your personal, business and family assets to provide you with professional, dependable tax planning solutions to help you save.
Created by you, powered by Thompson Wright.
Unlock your business potential today...
Front Runners
At Thompson Wright, we help businesses restructure and reform to significantly improve efficiency and cut costs to make your company more profitable.
Backed By The Best
We will support you through every business decision you make. Whether it’s business expansion, trading overseas, or corporate finance, we’ll be by your side, every step of the way.
Smart Solutions
We help businesses implement affordable and scalable cloud based software solutions throughout every area of their business.
Start Saving Business Tax
We help hundreds of businesses across Newcastle upon Tyne and the North East save thousands of pounds in tax every year. No matter the size or sector, our expert accountants work closely with you to bring down your annual business tax bill, year after year. This includes providing tailored business tax advice on capital gains tax, corporation tax, income tax, and inheritance tax, which are all crucial for effective tax planning and compliance.
Our service is straightforward: we provide honest and intelligent tax-saving advice, with no ifs or buts. We understand the administrative burden and complex compliance requirements that businesses face in managing their tax affairs. Our comprehensive accounting services ensure that your business complies with all tax regulations, including VAT returns, payroll, and self assessment tax returns, while facilitating efficient asset management and transfer.
It is essential to handle tax affairs in a compliant and tax efficient manner to avoid legal issues, tax investigations, and ensure financial stability. We help you accurately calculate your company’s corporation tax liability and manage your tax planning strategies effectively. Whether you are an owner-managed business, a limited company, a sole trader, or part of a limited liability partnership, we provide expert advice to support your unique tax situation and help you take full advantage of available tax incentives and reliefs.
Summary of services
- Tax planning and strategy
- Corporation tax
- VAT
- Making Tax Digital
- Research & Development Tax Relief
- Venture capital relief
- Patent Box
- Dividend and salary extraction
- Payroll
- Tax investigations
- IR35 (employment status)
- Capital Gains Tax
- Exit strategies
- EIS
- EMI
Case Study
We recently secured a £90,000 grant from the local authority for a client which helped them to achieve the expansion they were seeking.
This client needed larger premises and could not afford them without grant funding. We helped to obtain a £90,000 grant to do this and in the next 12 months they were able to purchase the property outright.
By making the most of funding available and using tax planning the business was able to buy their property without the need for a mortgage.