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Welcome to the JN Straughan website. Situated close to the heart of the picturesque City of Durham JN Straughan have been established in Durham for over 40 years. We have established a reputation for delivering a range of quality financial services to both individuals and owner-managed businesses. We monitor changes in Taxation and Legislation and will advise you on how they affect both you and your business.

Please feel free to browse the website to see what services we can offer you and how we may help you with your Accountancy and Audit requirements.

J. N Straughan & Co Chartered Accountants has been established in Durham for over 40 years. During that time we have developed a reputation for our expertise in delivering a range of Business Services both to Individuals and Owner-managed entities.

We are committed to providing a comprehensive, pro-active and personal service, identifying problems, providing solutions and highlighting opportunities.

You can rest assured that you will never become just a number, but will always be able to speak to an appropriately qualified person who is familiar with your financial affairs.

Although we have a traditional background, we are progressive. Investing in improved technology and continuous training for the partners and staff.

We monitor the latest changes in Taxation and Legislation and will advise you on how these affect both you and your business.

We offer financial guidance to assist growth, maximise profitability and minimise tax liability.

We ourselves are a small business, and therefore aware of the financial constraints under which such enterprises work. While appreciating the value of professional advice it is essential that you know what it will cost.

In many cases we will be able to supply you with an estimate for work to be undertaken during the year. By electing to pay by standing order you will enjoy the dual benefits of a fixed fee accountancy service and the knowledge that at the end of your financial year, there is nothing left to pay.

We provide a professional service designed to meet your personal requirements.

We would appreciate the opportunity to discuss your requirements so please contact us on 0191 384 7783 or complete the online enquiry form to arrange an initial meeting.







Tax News
Action on international tax evasion continues
HMRC is working with US and Australian authorities 
Taxes in the UK and in Europe
What has changed?
Tax Professionals Forum
The second annual report to November 2012 is published
The Queen’s Speech
Includes the NIC Bill introducing the £2,000 employment allowance
Statutory residence test
New HMRC guidance contains errors 
The taxes companies pay
CBI continues to set the record straight
Attention all RTI pilot employers
Will you need to use the Basic PAYE Tools to submit an Earlier Year Update?
Employer Annual Return for 2012/13
Don’t miss the 19 May deadline
Expenses and benefits online forms
More flexible new forms will be available in June
OECD Consultation on International VAT/GST Guidelines
Uncertainty and risks of double taxation
Employer payment booklets
Delay issuing remaining 2013/14 booklets
Employer supported local bus services
HMRC publishes FAQs
HMRC’s Single Compliance Process
A welcome change to the opening stages
HMRC toolkits – latest updates
Directors’ loan accounts, property rental and company losses
RTI help and guidance
ICAEW home page for help and support with RTI, all gathered in one place

The latest stories from the Business section of the BBC News web site.
Ofcom plans simplified phone numbers
Some people are "put off" making important calls because of confusion over the amount they will be charged, according to the telecoms regulator.
Contactless 'charging errors' at M&S
Some Marks and Spencer customers say its contactless payment terminals have taken cash from cards other than the ones intended for payment.
Morrisons agrees deal with Ocado
Morrisons, the UK's fourth largest supermarket chain, says it will launch online shopping by January 2014 after agreeing a tie-up with Ocado.
Europe car sales break losing streak
Car sales across Europe rose in April for the first time in 18 months, helped by strong demand in the UK and by the early Easter break.
Public sector pensions face big hit
Four million public sector employees will see a dramatic reduction in the overall value of their pension schemes, a new report claims.
Ofcom: 'Too many' nuisance calls
UK households are receiving too many nuisance calls, according to the telecoms regulator, Ofcom.
Lloyds shares hit break-even point
Lloyds Banking Group's share price passes 61.2p in morning trading, the break-even point for the government's investment in the group.
Jockey Club hits its bond target
The Jockey Club hits its £15m Racecourse Bond target and extends the application window until 28 May.
Spain reports monthly trade surplus
Spain records its first monthly trade surplus in more than 40 years as demand for imports dries up.
Turkish bonds yield at record low
Turkish bond yields have hit new lows as investors greeted Moody's increase in the country's credit rating to investment grade.
Dell posts 79% fall in profits
Dell reports a 79% fall in quarterly profits to $130m (£85m) amid falling computer sales and a takeover battle.
Hayward appointed Glencore chairman
Glencore Xstrata shareholders vote to appoint Tony Hayward, BP's former chief executive, as interim chairman to replace Sir John Bond.
China's Sina Corp sees loss narrow
Sina, which runs China's biggest micro-blogging site, sees losses narrow in the first three months of the year as revenues rise.
MPs challenge Google over UK tax
The internet giant Google has been challenged by MPs over the way it reports its income for tax.
RBS to cut a further 1,400 jobs
Royal Bank of Scotland (RBS) is to cut a further 1,400 jobs from its retail banking head office over the next two years.
Economic benefits of HS2 questioned
The HS2 rail project has an estimated £3.3bn funding gap and the benefits for the economy are "unclear", the National Audit Office says.
Man lists 12,000 call menu options
An IT manager who grew frustrated with call centre menus has catalogued shortcuts to thousands of phone services
HMRC wins Goldman Sachs court case
HM Revenue and Customs (HMRC) has won its case in the High Court, where it had been accused of illegally letting investment bank Goldman Sachs off part of its tax bill.
Fuel poverty gap widens
The UK's so-called "fuel poverty gap" is widening, although the total number in fuel poverty has fallen, according to a government report.
Eurozone and US inflation falls
Inflation in both the 17-strong eurozone bloc and the US falls to its lowest level in years.
Chancellor to stay on economic path
Chancellor George Osborne tells business leaders at the CBI that he will not deviate from the government's economic road to reducing the deficit.
Bank of England upgrades forecasts
The Bank of England upgrades its economic growth forecast, but separate figures show a rise in UK unemployment.
Wal-Mart and Asda see profits rise
The world's biggest retailer Wal-Mart, which owns the UK chain Asda, says profits in the three months to April nudged higher.
BP asks Cameron to curb US leak cost
BP appeals to Prime Minister David Cameron to intervene over the escalating compensation costs of the Gulf of Mexico oil disaster.
Honda to supply 2015 McLaren engines
Japanese car manufacturer Honda will return to Formula 1 in 2015 as engine suppliers to the McLaren team.
Dravid 'shock' over cricket arrests
India batsman Rahul Dravid is shocked after three of his Rajasthan Royals IPL stars are arrested over spot-fixing claims.
Olympic venue's future secured
More than 4,500 jobs are to be created as the final venue to be permanently based in the Queen Elizabeth Olympic Park has its future secured.
Blatter questions summer World Cup
Fifa president Sepp Blatter believes it is "not rational" to play the 2022 World Cup in the summer heat of Qatar.
VIDEO: Inside the human robot factory
Roboticist Will Jackson of Engineered Arts gives a tour of his robot factory in Cornwall, and talks about recent developments in the industry.
VIDEO: Turkey's 'Italian' makeover underway
At a time of economic doom and gloom across much of Europe - the credit rating for Turkey has been upgraded.
VIDEO: Hugh’s review: Is the economy turning?
Hugh Pym and guests discuss the Bank of England's optimistic forecasts on growth and inflation
VIDEO: Europe on road to more austere measures?
Europe's GDP shrank by 0.2% in the first three months of this year as politicians debate whether to carry on with austerity plans or to change course.
VIDEO: Morrisons announces deal with Ocado
Morrisons has agreed a deal with internet grocer Ocado as it prepares to offer shoppers the option to buy good online.
VIDEO: Mega-ships head for shipping firm
Danish shipping firm Maersk Line is taking delivery of 20 of the world's largest ships, despite posting a drop in earnings.
VIDEO: WTO trade talks 'must go on'
India's commerce minister says that the latest round of global trade talks must go on - a collapse would be "disastrous" for the world economy.
VIDEO: European week in 60 seconds
The political week in Europe is reviewed in 60 seconds by David Thompson who looks back over the headlines from London, Strasbourg and Brussels, including the EU budget, fishing numbers, alleged price fixing in the oil market, and European staff set to go on strike.
Should we all be more psychopathic?
Should we all be more psychopathic at work?
The great credit card takeaway
Fraudsters con people into handing over their plastic
Turkey booms but where are the Brits?
But are British firms making the most of the opportunity?
Europe's outlook: Cheer or jeer?
Should we cheer or jeer at Europe's prospects?
Running a business Q&A
Send us questions on building a new business from old tech
Quantifying the benefits of HS2
How will HS2 produce £48.2bn in benefits to society?
Global brand who remained the genuine article
Global icon who became a byword for marketability
Bringing Lebanon's designers online
Selling online where internet speeds are painfully slow
Tunisia Viewpoint
An apology to Rached Ghannouchi
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