Chartered Certified Accountants · Team Valley, Gateshead · Serving the North East
Mon-Thu 9am to 4.30pm · Fri 9am to 1.30pm0191 477 7414
Accountants · Newcastle

Accountants for Newburn companies

Newburn sits on the Tyne in the far west of Newcastle, with riverside business premises alongside the village. Priestman & Co. helps local companies with year-end accounts, corporation tax and VAT.

Local support

Company accounts with a clear explanation.

Directors of limited companies in Newburn usually want two things from their accountant: filings that are correct and on time, and a clear explanation of what the numbers mean. We try to provide both. You should finish each year knowing how the business performed, how much tax is due and when, and what is coming up in the months ahead that might need planning for.

We are based at Team Valley in Gateshead, which is reasonably easy to reach from the west of the city by the A1. We can meet you there, or handle the work by phone and email. We listen first, then agree what we will do and when, so you know where responsibility sits. If you need advice before a big purchase or a change, just ask.

A riverside village with working premises.

Newburn has a long history on the river, including the Battle of Newburn in 1640 and a later industrial past. Today, the Tyne Riverside Country Park and the Hadrian’s Wall Path bring walkers and cyclists through the area, and the village has pubs and cafés that serve them. Business premises on the riverside house logistics, engineering, trade and service firms of different sizes.

Companies based here range from distribution and trade counters to engineering workshops and leisure-related businesses. Many are VAT registered, and those that buy equipment, vans or other vehicles may have questions about tax relief on that spending. Accurate accounts and a well-prepared corporation tax return help directors plan with confidence, and they also make conversations with banks or lenders far more straightforward.

Colleagues meeting around a table in an office
Company finances under discussion

Who we work with in Newburn

  1. 01

    Logistics and distribution firms

  2. 02

    Engineering workshops

  3. 03

    Trade counters and suppliers

  4. 04

    Leisure and outdoor businesses

  5. 05

    Pubs and cafés in the village

Services Newburn clients ask about

Picture a Newburn distribution firm.

Imagine a hypothetical distribution company in a riverside unit at Newburn that has just bought two new vans and some racking. The director wants to know how this affects the tax bill and whether the VAT on the purchases can be reclaimed. We could review the purchases, explain how capital allowances and VAT recovery may apply, and reflect them correctly in the VAT return, year-end accounts and corporation tax return. The director would then have a clear view of the year’s position.

Getting to our Team Valley office

From Newburn, many drivers use the A6085 towards the A1, then follow the A1 south over the Tyne to the Team Valley junction. Buses run from the village towards the city and Gateshead. If it is easier, we can do everything by phone or email.

Tax and reporting rules can change. This page offers general information, not advice specific to your circumstances. The example above is illustrative only.

Newburn: common questions

VAT on commercial vehicles used for business can often be reclaimed by VAT registered businesses, but the rules depend on the vehicle and how it is used. Cars are treated differently. We can look at your purchase and explain what may apply to your company.

Capital allowances are a way for businesses to get tax relief on certain equipment, machinery and vehicles. The amount and timing depend on what was bought and the type of business. We can review your purchases and explain what your company may be able to claim.

Yes. We like to explain what the figures show: profit, cash, what is owed to you and what you owe. That helps directors make better decisions during the year, not just look back at the end of it. We can discuss what applies to you, keep explanations straightforward and answer questions as they come up.

A good place to start

Talk to an accountant near Newburn.

Call 0191 477 7414 or send us a few details.

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