Durhams Accountants Limited

25/12/2024

Merry Christmas to everyone and all our clients. Thank you for supporting us in 2024 - it is invaluable to a small business like us and we look forward to continue working with you in 2025. Have a safe festive period and happy new year

09/08/2024

For the month of August, we are offering a 20% discount to any new clients (individual, self-employed or limited company) in the medical profession. So doctors, dentists, GPs, pharmacies etc contact us now for a free consultation.

22/04/2024

This weekend, we were delighted to continue our association with raising awareness for bone marrow and blood donors and rare diseases that have affected the lives of many and one of our closest friends, Andrew Foster. In memory of Rycroft Alport Foster, we took part in the Inaugural Rycroft Rugby Rumble fielding alumni Xvs from Bradford Grammar School, Fitzwilliam College, University of Cambridge and Colfe's School.

Great Ormond Street Hospital Children's Charity
Colchester & Ipswich Hospitals Charity
SDS

15/04/2024

In recent weeks, we have had a number of free consultations with individuals who have realised that the tax is not always correct on the payslips that they receive from their employers. Do not always assume what is in your payslips is correct. There are a number of elements that you need to be checking. If you are concerned, please contact us for a free consultation by visiting our website and completing the contact form.

Registered to carry out work in the UK and regulated for a range of business activities by the Association of Accounting Technicians (AAT). 

08/04/2024

While you grow and maintain your business, payroll services may not always be your number one priority. With so much to consider, optimising your payroll processes and ensuring you are up to date with PAYE legislation can sometimes be forgotten.

Despite this, payroll services are one of the key factors in any organisation. All aspects of running your business are vital, but for your workforce, getting paid correctly and on time is crucial and goes a long way towards building confidence and commitment within their role. It goes without saying that it is one of the areas of business you need to get right.

From keeping employees happy to dealing with HMRC PAYE issues, we understand what a burden and worry payroll can be. Our highly experienced staff deal directly and closely with HMRC on a daily basis. We have the knowledge of how best to approach queries from them. Our team is always up to date with PAYE legislation and can ensure your processes are compliant with the latest developments.

Registered to carry out work in the UK and regulated for a range of business activities by the Association of Accounting Technicians (AAT). 

25/03/2024

We have made some exciting changes to our website. See new testimonials from our clients and some of the great work that we have been doing. Also there is a new main feature of signing up to receive our technical blogs - a great way of keeping up to speed on the latest tax and accounting news.

19/03/2024

You want to start a business because you are an entrepreneur with a great idea and the vision to realize it. Or you have progressed from pure optimism to realising a growing business and need help to take it to the next stage. And at Durhams we have plenty of advice and software to help you do just that.
Durhams want you to focus on what you do best – building your business – while we provide all the necessary business support.

SOME OF THE WAYS WE CAN HELP YOUR NEW BUSINESS:
✓ Preparing a comprehensive business plan
✓ Determining the best structure of your business: sole trader, partnership, limited liability partnership, or limited company
✓ Where appropriate, assisting with company formation and company secretarial duties
✓ Registering your new business with the Inland Revenue and, where appropriate, Customs and Excise
✓ Establishing relationships with banks, insurers, solicitors
✓ Preparing cashflow projections and assessing finance needs.
✓ Preparing and submitting finance applications
✓ General bookkeeping
✓ VAT
✓ Payroll
✓ Tax planning
✓ Management accounts
✓ Annual accounts and (where necessary) annual audit
✓ Xero Online Accounting – save time and keep track of finances in real time

11/03/2024

Ramadan Mubarak to all our employees, clients and network!

May the holy month be filled with joy, love, and countless blessings for you and your family.

07/02/2024

Our tax team are a group of personable, plain-speaking professionals who translate intricate tax legislation into easy to understand language.

Not only that, Durhams combine R&D tax expertise alongside our extensive experience of owner managed businesses to maximise R&D claims.

We know more about how other business and tax matters interrelate with R&D tax credits claims. For example, the business structure and remuneration of key directors can have a significant impact on the level of qualifying expenditure so you need an advisor who can look at the wider picture.

Specialist R&D tax consultancies may not have this experience and only go so far in terms of understanding your business needs and building long-term relationships.

26/01/2024

We can provide bookkeeping solutions to suit your needs, whether this is done quarterly to coincide with your VAT reporting, or monthly to provide you with up to date data on the business performance. We reconcile and document all control accounts to include bank accounts, sales debtor accounts, and purchase creditor accounts, providing you with the necessary reports to assist you in running your business, in a presentable, easy to follow format.

We can prepare VAT returns for all types of business, whether you are standard accounting, cash accounting, flat rate accounting, or annual accounting. We will reconcile your VAT account and will ensure you are fully up to date with the VAT man, and more importantly that all VAT has been declared and reclaimed.

We can prepare CIS returns, make the relevant submissions where applicable and provide you with amounts payable, and where required provide monthly subcontractor vouchers.

15/01/2024

With VAT affecting almost every business transaction, our specialist VAT advisers can help you to minimise your liability.

Although the basic concept of VAT is relatively simple, the legislation and regulations governing VAT are ever changing, thus making it a complex area. Therefore, you should consider engaging the services of a VAT adviser to check on the latest VAT position before you make any commercial decisions.

09/01/2024

Start your business confidently by speaking to our trusted accountant team. Discuss business structures, bookkeeping and payroll solutions. Talk to us today.