Our Specialisms and Sectors

We are committed to being a general chartered accountancy practice, but do have a number of specialist areas as outlined in the menu below.

For a more comprehensive outline of what we can provide, please visit our main accountancy services page.

Agriculture

Agricultural accountancy has always been a mainstay of our practice. We have a specialist agriculture accounts team who’ve worked with generations of local farmers.

We understand that agriculture is a unique business and our tailored advice and preparation of accounts reflects this.

With decades of combined experience in accountancy and business advice for the agricultural sector, we are uniquely placed to give you the best advice when it comes to farming finances.

  • Review of operating structure.
  • Capital tax advice and planning.
  • Succession planning.
  • Assistance with tenancy arrangements.
  • Help and advice with grant applications.
  • Contract farming agreements.
  • Advice on diversifying your farming business.

Landed Estates

Providing business and financial advice for landed estates is another of our key strengths. We have a wealth of experience in this area, including:

  • Inheritance and other capital tax planning.
  • Tailoring tax-efficient ownership structures.
  • Grant applications.
  • Farming.
  • Redundant land and buildings.
  • Assisting with complex VAT issues.

Retail, Manufacturing & Distribution

We have a number of clients in the retail, manufacturing and distribution sectors, including local shops, e-commerce companies and haulage firms.

Retail, manufacturing and distribution can be complex industries when it comes to tax. However, with our experience in business structures and tailored accounts preparation, you can rest assured things will be done in the most efficient way for your business.

Our services include the following:

  • Advice on importing and exporting.
  • Improving management systems and reporting.
  • Acquisitions, mergers and disposals.
  • Payroll services.
  • Help and advice with planning plant and machinery procurement.
  • Identification of Research and Development tax credit opportunities.

Construction

Our construction clients have a wide range of business and accountancy needs from payroll services through to VAT and tax planning.

From house builders to civil engineers and maintenance contractors, there are many areas we can help you with, including:

  • Advice on using sub-contractors
  • Guidance through complicated VAT rules
  • Advice on the best trading structure for your business
  • Construction Industry Scheme (CIS)
  • Cashflow projections
  • Managing costs

Dentistry

Dentistry is another business sector we’ve had clients in for a number of years. Whether you’re currently doing your own accounts or aren’t happy with the service you’re receiving from another firm, we’d be happy to meet you for a free no obligation consultation.

One of our main strengths is choosing the right structure for your practice so you can legitimately pay less tax. We also have a dedicated payroll services division and a separate company secretarial firm, so you can spend more time with your patients.

Some of our other services for dentists include:

  • Tax planning for partnerships.
  • Advice on private fee setting.
  • NHS superannuation checks and reconciliation.

Fishing and Marine

Fishing and marine clients have long been an important part of our practice. With a base in Berwick upon Tweed, we have close ties with the local fishing and sailing communities. Our current clients in this sector include fishing boats and river fishing syndicates.

Below are just some of the services our fishing and marine clients rely on us for:

  • Form 46G.
  • Help with penalties and appeals.
  • Personal and corporation tax returns.
  • Advice on the best structure for your fishing or marine business.

Tourism and Hospitality

In the geographic area we cover there are many businesses in the tourism and hospitality sector. Our current client base includes restaurants, bars, holiday cottages, hotels, B&Bs and caravan parks.

We assist these businesses with a number of different services which include:

  • Advice on employing seasonal staff.
  • Choosing the right business structure to ensure tax efficiency.
  • Tax planning.
  • Re-financing.
  • Payroll services.

Business Start-Ups

We understand how daunting it can be when you’re starting out in business. Whether you’re trading from a spare room in your home, or are starting up on a much bigger scale, there is a wealth of experience and advice we can provide.

Many new businesses end up paying too much tax because their structure is not the most efficient when they start out. We will help you choose the best set-up for your business so you begin on the right footing.

Our other business start-up services include:

  • A registered office address.
  • Payroll services.
  • Personal, partnership and corporation tax returns.
  • Business plan preparation and cash flow forecasts.
  • Advice on financing your new venture.

Charities

Our practice has a long history of working with both local and national charities to help them maximise the available income for good causes.

Accountancy for charities is a specialist and often complex area. With our experience in the following services, you can rest assured your charities finances are in reliable hands:

  • Advice on the most tax efficient ways to fundraise.
  • Gift aid audits.
  • Charities SORP compliance.
  • Tax advice.
  • VAT planning.

Professional Service Firms

Our professional service firm clients consist of lawyers, land agents, chartered surveyors and estate agents amongst others. Each of these businesses is unique even if they’re in the same sector. Our tailored approach to accountancy and business advice for professional service firms is one of the reasons so many of them have remained loyal to Greaves, West & Ayre for generations.

Our services in this area cover the following and more:

  • Mergers and acquisitions.
  • Compliance.
  • Tax planning.
  • Business structures.
  • VAT planning.
  • Auditing.

Business Acquisitions and Disposals

Buying or selling a business can be a long drawn-out process. We provide so much more than accountancy services. We can advise you on a range of different areas which are essential in dealing with a business acquisition or disposal in a tax efficient manner.

  • Valuation of assets.
  • Raising capital for acquisitions.
  • Advice on the new business structure for acquisitions.
  • Proactive tax planning.
  • Negotiation assistance.

Succession Planning

Planning for the next generation of your business is something that needs careful consideration well in advance. Because we’ve been established since 1919, we have a wealth of experience in succession planning for all types of businesses from agricultural through to professional services firms and hospitality.

Our succession planning services include the following:

  • Putting retirement agreements in place.
  • Ensuring sufficient funds for retirement.
  • Tax planning.
  • Planning a consultancy role after handover.
  • Involving others in the business.