Wellway Accountants Limited

03/09/2026

Sign up for essential tax and business news! Direct to you inbox, every month. 📧

Did you know we send out a monthly tax and business newsletter? It's packed with the latest updates and changes so you can always stay ahead and make financial decisions with clarity and confidence!

Joining is easy, simply copy and follow this link: https://mailchi.mp/wellway/sign-up

Any questions, please don't hesitate to send a message! Thank you :)

02/09/2026

At Wellway Accountants, we support small businesses every day with their accounting needs. But, there are plenty of ways you can support a small business too, and some of them don’t cost a penny! 💙

Here are 5 simple ways you can show your support:

✨ 1. Like & engage with their social media posts – Every like, comment and share helps boost their visibility and engagement, helping others to see what they offer!

📲 2. Share their content – Know someone who might benefit from their products or services? Send their page their way! Your family member/pal might find exactly what they've been looking for.

⭐ 3. Leave a review – A genuine review can make a huge difference and help new customers feel confident choosing them.

🤝 4. Recommend them – Word of mouth is a brilliant way to support a small business! Try to mention them in community groups or conversations (when relevant!)

💬 5. Give them your feedback – Constructive feedback can help a small business improve and grow. It can also provide encouragement to keep on going when times are tough!

And when it comes to the financial side of running a business, that’s where we come in. 📊 If you’re a business owner and could use some support with your accounts, tax, financial planning or simply want a trusted adviser in your corner, we’re here to help!

Call us today on 01670 514433 or email us at [email protected]!

Small business support comes in many forms and we’re proud to play our part. 💙

01/09/2026

We're here to keep you in the loop! Here's what dates and deadlines are coming up in September & October...

🗓1 September - Corporation Tax for year to 30/11/2025, unless quarterly instalments apply
🗓19 September - PAYE & NIC deductions, and CIS return and tax, for month to 05/09/2026 (due 22 September if you pay electronically)
🗓1 October - Corporation Tax for year to 31/12/2025, unless quarterly instalments apply
🗓19 October - PAYE & NIC deductions, and CIS return and tax, for month to 05/10/2026 (due 22 October if you pay electronically)
These are also the due dates for Class 1B NICs due under PAYE Settlement Agreements.
🗓28 October - Chancellor John Healey delivers Autumn Budget 2026 (keep an eye out for our Autumn Budget summary!)

01/09/2026

HELLO SEPTEMBER!

It won't be long before these trees along the Wansbeck river in Morpeth will be golden! Something to always look forward to!

Something else to enjoy about a new month is the opportunity to set new goals. 📊✨

At Wellway, we find that a new month is the perfect time to take a step back, review where you are, and think about where you want to go next. 👀

Whether you’re a business owner looking to improve cash flow, plan for growth, or get your finances in order, or an individual looking to make smarter financial decisions and plan for the future... having the right advice can make all the difference!! And that's where we can step in!

As expert accountants and financial advisers, we can support you with more than just the numbers. From accounting and tax planning to business advice, financial planning and long-term strategy, we help you make informed decisions with confidence!

So. New month = New goals. Let’s make sure your finances are working towards them!

📩 Get in touch to see how we can support you or your business this month.

01670 514433 or email us at www.wellway.uk.com

01/09/2026

🚨NEW BLOG POST 💻

Long-awaited pension dashboard expected next year 💰

Coming soon! (Likely!) ⏰Pension dashboards, which are designed to make it easier for people to decide where their pension is best placed, are expected to be released next year along with league tables for pensions.

Why? 🤔The aim is to allow pension savers to see how their workplace pension schemes compare to other pension providers in the marketplace.

Read our latest blog post to find out what benefits will people see, and what you will be able to see through the pension dashboard.

Copy this link to read our latest blog post: bit.ly/3UjZVw6

31/08/2026

🚨 Do you pay VAT or PAYE? Your payment method could be about to change.

The Government has published a consultation proposing that most VAT-registered businesses and employers could be required to pay VAT and PAYE liabilities by Direct Debit.

The aim is to simplify payments, reduce administration and help businesses avoid missed deadlines and errors.

The consultation is seeking views on:

🔹 Why businesses currently choose other payment methods
🔹 The impact on cash flow and payment processes
🔹 Possible exceptions or alternative arrangements

⚠️ HMRC is also considering how to encourage businesses to use Direct Debit, including potential penalties for businesses that don't comply or limiting extended payment deadlines to those paying by Direct Debit.

💡 What could this mean for your business? If you pay VAT or PAYE, it's worth keeping an eye on these proposals and considering how a change could affect your cash flow and payment processes.

📩 Not sure how this could affect you? Get in touch with our Wellway team - we're here to help you stay informed and prepared.

27/08/2026

Recently, a few of our team members swapped taxes for Tennessee night at Morpeth tipi! 🤠🌅

As accountants for various businesses in Morpeth, it’s great to see local places thriving and creating fantastic events for the community to enjoy! 💚

27/08/2026

26/08/2026

💡 Quick Tip: First Self Assessment? Start early!

If you need to complete a Self Assessment tax return, registering early gives you plenty of time to receive your Unique Taxpayer Reference (UTR), set up your online account, and gather the information you'll need.

Leaving it until the last minute can lead to unnecessary stress, delays and the risk of missing important deadlines.

Registering early means you can:

✅ Receive your UTR in good time
✅ Set up your online HMRC account
✅ Prepare your records without the January rush
✅ Avoid last-minute surprises

If you're not sure whether you need to register for Self Assessment, we're happy to help you work it out and guide you through the process! Get in touch today: 01670 514433 or emial us at [email protected]

24/08/2026

📊 🔎 Is your business getting its tax right? HMRC’s latest figures reveal why it matters...

The latest HMRC figures reveal a substantial £59.2 billion tax gap for the 2024–25 tax year (the difference between the tax expected to be paid and the amount actually collected.)

🔹 The overall tax gap rose to 6.4%, up from 5.3% in 2023–24
🔹 Small business non-compliance accounted for 62% of the tax gap
🔹 The Corporation Tax gap reached 18.1%
🔹 The VAT tax gap stood at 6.6%
🔹 Income Tax, National Insurance Contributions and Capital Gains Tax had a combined gap of 4%

HMRC says failure to take reasonable care, errors and tax evasion are among the key reasons behind the tax gap.

💡 With tax rules constantly changing and small business owners already having plenty on their plate, making sure your tax calculations and returns are accurate can be a challenge.

That’s where we can help! If you need support with your tax calculations or tax returns, get in touch with our Wellway team - we’d be happy to take the stress out of your tax.