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Accountants - Baines Jewitt
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Welcome to Baines Jewitt, one of the largest firms of chartered accountants, business advisors and tax consultants in the Tees Valley.
Welcome to Baines Jewitt, one of the largest firms of chartered accountants, business advisors and tax consultants in the Tees Valley.

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eBay to force all UK traders to pay VAT - eBay traders will be forced to pay VAT on all purchases under new corporate structure rules to be launched later this year. Prompting the move, the online marketplace has been under attack from the Government after it emerged that the UK is losing up to £1 billion a year because of fraud or errors by online traders. It will largely affect businesses that use eBay but are not VAT registered. “You’ll begin paying 20 per cent UK VAT to eBay (UK) Limite...

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Labour to propose ambitious Income Tax shake-up - The Labour Party is set to unveil ambitious Income Tax plans which would see almost one million more British workers pulled into a higher tax bracket. According to reports, the Party has confirmed that it wants to raise an additional £4.5bn from workers who are earning £80,000 or more – which would mean effectively halving the 45p top rate of Income Tax. Under existing rules, only approximately 330,000 Britons who earn £150,000 or more pay I...

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Labour party announce plans to increase corporation tax - The Labour party will increase the rate of corporation tax to boost funding for schools, it has been announced. The Labour leader Jeremy Corbyn said he would increase corporation tax from 19 per cent to 26 per cent by the end of the decade, effectively reversing the Conservative party’s cuts. The additional funding – amounting to around £20 billion – would in part go towards the National Education Service, he said, which would see cl...
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