Welcome to Brett Pittwood Chartered Certified Accountants

Let’s kick off with a few Accountant jokes...

A woman visited her doctor who told her she only had 6 months to live...
“Oh no!” said the woman. “What shall I do?”
“Marry an accountant,” suggested the doctor.
“Why?” asked the woman. “Will that make me live longer?”
“No,” replied the doctor. “But it will SEEM longer.”

What do accountants do for fun? Add up the telephone book!

What’s an extroverted accountant? One who looks at your shoes while he’s talking to you instead of his own.

What is the definition of “accountant”? Someone who solves a problem you didn’t know you had in a way you don’t understand.

... at Brett Pittwood we like to prove to our clients that the stereotypes don’t exist here!

In our recruitment we actively seek to engage staff who have the right technical skills, suitable experience, and above all the ability to communicate. New clients often tell us that nobody has ever taken the time or trouble to explain their accounts to them before, or that it is refreshing to talk to somebody who is genuinely interested in listening to what they have to say about their business.

We are always available to bring to the table some fresh thinking or to act as a sounding board for clients’ own ideas and we consider ourselves to be part of each client’s management team. Whether it is a one-man operation or a multi-million pound turnover company with many staff and several locations, we are able to “look in” from the outside to help focus, perhaps where the full time management, close to the “coal face” as they inevitably are, cannot readily see.

We know that it can be a lonely job running a business – after all we run one ourselves.

Services Individuals & businesses

Accountants Poole

Business start-up, Compliance Services, Estate Planning, Accounts, Support Services & Taxation.

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Resources Individuals & businesses

Online accountancy and business resources, Poole

Online Calculators, Downloadable forms, Market data, Tax Calendar, Tax rates & allowances and more.

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Have we convinced you? Give us a call

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The current hot topic

Brexit update

The transition period

The UK left the European Union on 31 January 2020 and the Brexit process has now moved into an 11-month transition phase. This period will be marked by the UK’s absence from all the EU's political institutions and agencies, so there are no longer British MEPs sitting in the European Parliament. However, there will be no changes to trading arrangements with the UK staying in the customs union and the single market, as well as following EU rules, during the transition period.

Here, we take a look at what will change during the transition period, what will stay the same and what to keep an eye on this year.

UK-EU trade

The UK and EU will continue to trade together during the transition period without any extra charges or checks being introduced, because the UK remains inside the EU’s trading structures. During this time, the UK will continue to be subject to EU directives, and it must continue to incorporate new EU rules into UK legislation. This means, as today, goods and services may continue to flow without tariffs, checks or regulatory restrictions.

The UK is, in effect, a non-voting member of the EU until the end of this year.

Work and Travel

For those working and travelling within the EU things will continue as normal this year.

Freedom of movement will continue to apply during the transition, so UK nationals will still be able to live and work in the EU as they currently do. The same applies for EU nationals who want to live and work in the UK.

Flights, boats and trains will operate as usual and driving licenses will remain valid. Also, UK nationals will still join the faster EU arrivals queues at passport control during the transition period.

Budget contributions

The UK will continue to pay into the EU budget during the transition. This means existing schemes, paid for by EU grants, will continue to be funded.

New relationship

Although it will be very much business as usual this year the question of what happens at the start of 2021 will hang over the next few months.

The UK is due to leave the EU’s trading structures - the EU VAT regime, customs union and single market - at 11pm on 31 December 2020. The trade talks that will take place this year will determine how much free access UK businesses will continue to enjoy in the EU after that date. This will be played off against the limited amount of alignment and rule taking the UK will be willing to accept.

Negotiations start in February and the time available to strike a deal is relatively short. Trade experts say there is insufficient time to negotiate a comprehensive free trade agreement, instead we will probably see a deal involving trade-offs between zero-tariff access and regulatory alignment.

Future trade deals

The UK is now free to start opening talks with countries around the globe with the aim of opening up new export markets for goods and services via free trade deals. Until now EU membership has prevented the UK opening trade negotiations with countries like the US, China and Australia. 

Brexit supporters argue that having the freedom to set its own trade policy will boost the UK's economy. The UK and US have both pledged to prioritise a free trade deal. However, negotiations would have to run in parallel with the EU ones, which may complicate matters, as could the US Presidential elections and the need for Congress to sign off on any agreement.

The end of the beginning

The UK’s formal departure from the EU marks the end of the beginning of Brexit and the start of a new phase. Businesses that trade with Europe will be able to carry on as usual this year but will be carefully watching developments in negotiations to see what changes they may bring for 2021.