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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
Paying tax by direct debit
Amending or setting up a direct debit plan
Teachers teaching tax
HMRC adds lesson plans to its updated online resource
Setting up clients for online filing
Helpful email warns agent to get code from client before expiry date
When will HMRC examine a person’s domicile for IHT?
New guidance in Revenue & Customs Brief 34/10
Agent Update 19
HMRC’s latest bi-monthly round-up for agents and advisers
New look for the HMRC web homepage
Tell us what you think
NIC holiday for new businesses
HMRC publishes more details about the scheme
VAT – businesses trading in emissions allowances
Revenue & Customs Brief 35/10 gives guidance on reverse charge accounting
OECD – a future project on the transfer pricing aspects of intangibles
ICAEW makes some suggestions as to the nature of the project
Exchange of information under the UK Luxembourg double tax treaty
A new protocol to the treaty will come into effect from April 2011
Bank payroll tax
HMRC issues a last-minute reminder about the actual payment of the tax
The ICAEW Tax Faculty Conference 2010
The venues for our September one day conference, which is being held in both Manchester and London, have been announced.
Cycle-to-work schemes
Valuing cycles on sale to employees
TAXGUIDE 3/10 on trustee residence
HMRC-approved guidance published jointly by ICAEW, CIOT and STEP
Taking on a new employee – form P46 and booklet P49
More updates from HMRC for employers and tax agents

The latest stories from the Business section of the BBC News web site.
BP well 'poses no further risk'
The official in charge of cleaning up the Gulf of Mexico oil spill says the well which caused the damage is no longer a risk to the environment.
Six million facing new tax bills
HM Revenue and Customs says some 1.4 million people each owe about £1,500 in tax, while 4.3 million will get an average rebate of £418.
Rovers takeover man left UK debts
The Indian businessman hoping to buy Blackburn Rovers, Ahsan Ali Syed, left a trail of debt from his time in the UK, 5 live Investigates reveals.
UN calls special food price talks
The United Nations' food agency calls a special meeting of policy makers to discuss the recent rapid rises in food prices.
Long lines at troubled Kabul Bank
Afghans have continued to withdraw money from the country's largest bank, Kabul Bank, over fears it may collapse.
Petrobras files $65bn share offer
The Brazilian state oil company, Petrobras, unveils plans to sell up to $64.5bn of new stock, in one of the world's largest share offers.
HSBC threatens to quit London HQ
HSBC may quit its London headquarters if the UK government decides to break up big banks, a senior executive says.
Bank customers in 'dire poverty'
Banks are accused of leaving some customers in "dire poverty" after taking money out of their accounts without permission.
Industry fears over cheaper coins
Vending machine companies warn cheaper "steel" 5p and 10p coins being considered by the Treasury could cost the industry millions of pounds.
Nigerian economy 'to grow by 10%'
Nigeria's economy will hit double-digit growth by the end of 2011 or early 2012, the country's finance minister says.
Shift in home loan availability
The cost of mortgages is continuing to fall and they are becoming more accessible to some borrowers, figures show.
US sees 54,000 jobs go in August
The US economy shed another 54,000 jobs in August, the third month in a row that jobs have been lost, official figures show.
UK builders and services falter
New data shows new construction orders contracted in the second quarter, while the services sector slowed sharply in August.
'Big drop' in alcohol consumption
Alcohol consumption has fallen faster than ever, figures from the British Beer and Pub Association suggest.
Europe agrees finance watchdogs
The European Union agrees to reform financial supervision, with new agencies to oversee banks, insurers and financial markets.
Four power firms face sales probe
Four of the "big six" UK energy suppliers are to be investigated amid concerns of mis-selling to customers, the regulator says.
House prices fall again in August
House prices fell for the second month in a row in August, according to the Nationwide building society.
Plans for more £5 notes in ATMs
All banks and building societies have put in place plans to begin dispensing £5 notes from the cash machines, a report reveals.
Russia extends grain export ban
Russia will consider lifting its grain export ban only after the next year's harvest has been reaped, Vladimir Putin says.
ECB ups eurozone growth forecasts
The European Central Bank raises its forecast for eurozone growth for this year and next year, and keeps interest rates on hold.
Mozambique prices 'irreversible'
The government of Mozambique says price rises which have led to deadly riots are "irreversible", as Maputo residents are urged to continue their protests.
Chinese consider rival Potash bid
Chinese investors approach Canadian pension fund over a possible rival bid for the fertiliser giant Potash Corporation.
Andean gold in $3bn bidding war
Rival Canadian gold mining companies, Goldcorp and El Dorado, lock horns in a $3bn fight to buy up Andean Resources.
Burger King is sold for $3.26bn
Burger King is being sold to private equity firm 3G Capital in a deal valued at $3.26bn (£2.1bn), it has been announced.
Delhi loses patience with Commonwealth Games
The Commonwealth Games were meant to showcase Delhi, but the Indian capital is struggling to be ready on time amid accusations of poor planning, reports the BBC's Geeta Pandey.
Hawk-Eye firm lined up for sale
The British company behind the Hawk-Eye ball-tracking technology used in tennis and cricket is to be put up for sale.
Premier League spending tumbles
Spending by English Premier League clubs in the summer transfer window has tumbled 22% from last year, a report says.
Tourism near the Gaza border
At the Zikim Kibbutz, near Ashkelon in southern Israel, tourists come in to see what life is like living just a short distance from the Gaza border.
Cairo literary business booming
Egypt's literary scene is thriving, with a new generation of writers and poets taking advantage of an increasing number of small publishers and social networking sites to get their work noticed.
Banks leave customers in 'poverty'
High Street banks have been accused of leaving some customers in "dire poverty" after taking money out of their accounts without permission.
Wrong tax bill for millions in UK
Almost six million people in the UK have paid the wrong amount of income tax in the past year, with some facing a bill of up to £1,400 - although others can expect a rebate.
Shopping malls: saviour or curse?
Meadowhall in Sheffield was one of the first giant shopping centres in the UK. What sort of effect has it had on the local area?
3D cameras and web TVs on show
Rory Cellan-Jones tries out 3D video equipment and looks at the latest ultra thin and bright OLED TVs.
Travel compensation and charges
Travel expert Simon Calder has more advice for people doing battle with airlines and agents.
Global food prices reach 20 year high
Global food prices have reached a 20 year high and there are concerns they could climb even further after Russia decided to extend its ban on wheat exports.
Past is the future
The lacemaking factory going back to traditional methods to survive
Massive Mini
How far can BMW stretch the brand before it snaps?
Rush to buy
Fear sparks stockpiling of food in Russia as prices soar
Paying the price
PayPal's co-founder worked so hard he would sleep in the office
Expert views
Economists remain divided over the merits of spending cuts
Stock market gloom
August was tough, but there were glimmers of hope
Bird business
The back-breaking, ear-splitting work on Peru's guano islands
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