Will switching accountants be a problem?
No, we’ll handle the entire transition directly with your previous accountant at no additional cost.
Why choose Durrani & Co?
Over 50 years experience HMRC authorised agents. Qualified experienced accountants. A dedicated point of contact. Fixed monthly fees. No hidden costs.
Who actually needs MTD — Making Tax Digital?
The Self Employed Sole Traders Contractors Landlords Partnerships (from future implementation)
Payroll compliance as a strategic financial control for UK businesses.
How treating payroll as a strategic financial control rather than a back-office task protects UK businesses from HMRC penalties and operational disruption.
Can I split partnership profits to reduce tax?
Partners can agree to split profits in any proportion set out in the partnership agreement, which can be used to allocate more profit to a partner paying a lower rate of tax. However, HMRC may challenge arrangements that lack commercial substance or are purely tax-motivated. Any profit-sharing arrangement should reflect the genuine contributions of each […]
What you need to know about your directors loan account?
We’ve watched many clients pay S455 tax they didn’t need to, all because of gaps in their accounting processes, and creating strain to their tangible cash-flow when moving funds between their company and themselves. Our approach helps ensure these issues are managed properly, within compliance, and with effects kept to a minimum.
Salary vs dividends – what’s the best way to get paid in 2023?
Is it more cost-effective to pay yourself a salary or dividends in 2023 — or a combination of the two? It’s worth thinking carefully about your options.
Helping you prepare for “Making Tax Digital” in 2026.
Making Tax Digital for income tax may be delayed until 2026, but it’s as important as ever to get MTD-ready. Let’s get started.
HMRC investigations can be stressful, lets talk about what you need to know?
Now that the deadline for self-assessment returns has passed, more tax investigations may be on the horizon, and it pays to be prepared. Here’s what you need to know about the process – and what you can do to make it as smooth as possible.
Putting a price on your time so you can focus on revenue generation and what matters most.
Running and growing a business is a 24/7 challenge and if you’re not valuing your time correctly things can quickly get out of hand. Working with startups and small business owners we’ve learnt a few things about what works and what doesn’t. Read on for some essential tips.
