News & Education Blogs
National Insurance contributions for employees and directors
National Insurance Contributions For Employees And Directors Employees...
Extracting Profits From A Personal Or Family Company
Extracting Profits From A Personal Or Family Company As the 2023/24 tax year...
Unincorporated Business (Self-employed, Partnerships)
Unincorporated Business (Self-employed, Partnerships) Taxable Profits for...
Help Paying Your Tax Bill
Help Paying Your Tax Bills Time to Pay Arrangements Many people are struggling...
Pension Savings
Pension Savings Higher Annual Allowance and Abolition of Lifetime Allowance...
Family and Personal Companies
Family and Personal Companies Tax Efficient Profit Extraction If you operate...
Have you claimed the Employment Allowance?
Have you Claimed the Employment Allowance? If you are an employer, you may be...
Capital Gains Tax – Reduced annual exempt amount
Capital Gains Tax - Reduced Annual Exempt Amount The annual exempt amount for...
Frequently asked questions
When do I need to register for VAT?
The turnover threshold for any 12 month period is £85,000. If your business turnover exceeds or is likely to exceed this amount, you will need to register with HMRC within 30 days.
When do I start paying higher rate tax?
The basic rate band (the point at which higher rate tax becomes payable) is £50,270.
How much do A R Dury charge?
Every client we see has varied needs; we can tailor a package that suits you. If you feel we suit your needs, please contact us today.
What are payments on account?
Payments on account are an assessment of the tax due for the preceding year, usually paid in advance. These are then deducted from the total tax due in the preceding year.
Am I claiming the correct expenses?
When we take on new clients, we offer to take a look at the expenses you are currently claiming through your business, and offer suggestions as to any additional expense areas you may be missing out on.
When are my accounts due at Companies House?
Limited Company accounts are due at Companies House 9 months preceding the year end. For example, if your year end is 31 March, the requirement to file is 31 December.
What are Dividends?
Dividends are monies paid out of Company profits to shareholders. The amount paid can depend on the structure of the shareholdings within the company.
What is the filing date for my tax return?
The filing date for Self Assessment Tax Returns is 31 October if filing by paper, and 31 January if filing online.
Can I take the money I've paid into the Company out, tax free?
Yes. If you have ‘Loaned’ the Company money through a ‘Directors Loan’ the money can be paid back to the Director whenever, as long as the Company can afford to do so.
What is Real-time Information
Real-time Information is the new way to file Payroll information with HMRC. It means information filed with HMRC on monthly returns is bang up to date.
Do I have to pay Statutory Sick Pay to my employees?
If your employee is under contract with you, yes you will have to pay them SSP. There are circumstances in which SSP is not payable, and please contact us if you wish to know more.
See us as an extension of your business...
We Are More Than Just Your Accountant, We Are Your Competitive Edge
Why Choose Us?
Simply put, we put the client first.
We understand that doing the paperwork can be stressful for many business owners who just want to get on with the running and building up of their businesses.
There’s no technical speak from us.
We talk to you openly and honestly and promise not to blind you with jargon. We want you to feel comfortable to pick up the phone to us whenever you need to, for whatever reason, and know that you’ll get sound, understandable advice. We will work with you in a way that suits you, in person, on the phone, or online.
The question is…why would you not contact us?
Our Promise
Dury & Co - Big Firm Capability. Small Firm Personality.
"We are dedicated to providing our client with unwavering integrity, precision, and personalised financial solutions, ensuring their confidence in our commitment to excellence as trusted accountants."
