Harrison Black Chartered Accountants located on the Isle of Wight.

Formed in 1905, Harrison Black is a leading firm of Chartered Accountants located on the Isle of Wight.

We employ around 20 staff and our accountants have the experience and expertise to deal with all aspects of today's business requirements. Our continuing investment in the latest technology ensures that we are able to provide a fast and efficient accounting and financial services to our clients.

We pride ourselves on a high rate of client recommendations as we understand the need for the right financial support and professional business assistance.

Harrison Black Investment Services Limited, our sister company, are a team of independent financial advisers with whom we work alongside to ensure that clients receive reliable, professional investment advice.

We offer a free initial consultation.

Our financial and business services include:
 

• Audit & Accounting

• Corporate Tax Services

• Company Secretarial

• Personal Tax Planning

• Self Assessment

• Capital Gains Tax

• Business Start up

• Retirement Strategies

• Bookkeeping

• Payroll

• Trusts

• VAT

 

Auditing & Accounting Services

Audit and accountancy services are at the centre of our practice. We prepare accounts for a wide range of clients, both locally and nationally, including proprietors, partnerships and limited companies.

We like our involvement with clients to extend further than the annual preparation of accounts, audit work & tax returns. At Harrison Black we are keen to be involved in the on going development of your business, so that we can provide practical advice on a timely basis, when you need it most.

For larger companies we typically conduct an annual statutory audit, coupled with the accounts preparation. In some cases our function is purely as auditors, where accounts have been produced by clients in-house accountants.

We also undertake specialist audits which include charities, doctors, solicitors, estate agents, surveyors, housing associations and clubs

At Harrison Black clients are allocated an experienced director, ensuring that you always have the same point of contact and that person is fully aware of your background and activities.

Corporate Tax Services

At Harrison Black we have the knowledge and experience to work alongside clients through all the stages of the company's development from start up to exit planning.

Our corporate tax service encompasses compliance functions together with a full tax planning service. The minimisation of a company's tax liability maximises the amount of funds available to reinvest in the business or return to the shareholders.
 

• Determining the most tax effective structure for your business

• Taking full advantage of tax opportunities and reliefs

• Achieving the optimum capital or revenue tax treatment

• Reducing tax on disposals and maximising relief on acquisitions

• Making the most of tax opportunities specific to your industry

• Meeting the rigorous demands of compliance including corporation tax self assessment

Personal Tax Planning Services

The key to managing your tax affairs is forward planning and our aim is for you to retain as much of your wealth as possible.

We therefore can provide you with year round tax advice on:

 

• Income tax

• Capital gains tax

• Inheritance tax

•  Non-domiciliary tax issues

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If you wish to know more about our tax service or would like to arrange a free initial meeting in order to discuss how we can help you in more detail please contact us.

We can also provide you with information and advice on estates and trusts through our wealth management organisation, Harrison Black Investment Services.

Self Assessment Services

The inception of self assessment for individuals and partnerships has brought increased burdens on all taxpayers as it is now your legal obligation to meet the deadlines imposed by the legislation. Failure to do this will result in fines and interest charges being imposed.
We can save a lot of time, worry and money by handling your self assessment for you. We will do all the necessary computations, complete your Return, together with providing proactive advice on how you can minimise your tax liability.

We can as your agent correspond directly with HM Revenue & Customs on all matters including dealing with any enquiries under the self assessment legislation.

Capital Gains Tax Services

Capital Gains Tax is payable when an individual, trust or company sells, transfers or gifts an asset to someone else.

As with most taxes there are numerous exemptions and reliefs available most of which are complex and it is essential to have specialist advice before you sell or transfer an asset.

We can offer full tax planning advice to ensure that you minimise your capital gains tax liability.

Business Start Up Services

Starting a new business can be a little bit daunting as there are many things to think of and regulations to follow. We can help guide you through the maze and get your business off to a good start. Bring us your business ideas and we will help you evaluate them in a constructive and realistic manner.

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• Decide on the most suitable structure for your business - sole trader, partnership, or limited company

• Prepare a business plan, cashflow projections, budgets, and trading forecasts

• Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals

• Establish a good working relationship with your bank

• Complete any registration procedures with Companies House and HM Revenue and Customs.

• Deal with company secretarial issues

Harrison Black Investment Services

Harrison Black Investment Services comprises a friendly team of Chartered Financial Planners, Certified Financial Planner™ professionals and Chartered Wealth Managers that provides an efficient, proactive and personal service to clients of Harrison Black Limited.

Our experience within the financial services sector, and ongoing professional development, means we can offer in-depth product research and technical backup so as to provide you with unbiased financial planning advice that is best suited to your circumstances. Our close affiliation with Harrison Black Limited also means that vital technical support on related taxation matters is always available.