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Our Autumn Budget Summary

28TH OCTOBER 2021 Our Tax Partner, Ian Kelly, summarises yesterday’s budget speech and looks at how our area is affected. Rishi Sunak has now delivered his third and, arguably, quietest Budget and which was his second of 2021. It’s worth looking back at the background to his first two Budgets and which comprised a very…Read More

Free event to help local businesses plan for the year ahead

COMING SOON ON 17th NOVEMBER 2021, 9.15AM, AT OUR STOCKTON OFFICE ‘What now?’ At this stage of the Coronavirus pandemic, despite businesses being ‘back to normal’ we know many don’t feel it and will be dealing with the resulting changes and costs for years to come. Therefore we have designed an event to help you…Read More

‘Do I really still need an accountant?’ – Our honest advice

SEPTEMBER 2021, STUART HARRINGTON – CLIENT MANAGER It’s 2021, and use of clever software is at an all time high, particularly after 2020 saw rapid advances in technology due to our immediate and total reliance on the virtual world to continue to run businesses safely throughout the Coronavirus pandemic. With many industries seeing varied roles…Read More

Summer news round up

Since we have been working with the full team back in the office, we’ve seen lots of developments across the DT team and services. Here in our good news round-up, we detail the main updates, things keeping us busy, and things for clients to be aware of in the coming months. New Apprentices We have…Read More

New apprentices enhance the DT team

JULY 2021 We have recently expanded our team by recruiting three Apprentice Trainees. This comes at a time when Apprenticeships have been highlighted as a key part of the UK’s Covid-19 recovery plans, after six out of ten employers stopped all new apprenticeships when coronavirus took hold in 2020. At Davies Tracey we have a…Read More

A reminder of available grants

JULY 2021 Carbon Capture, Usage and Storage Competition £20 million in grant funding for innovative projects to reduce the cost of deploying carbon capture, usage and storage technology is now available. The Department for Business, Energy and Industrial Strategy (BEIS) is looking to support the deployment of advanced carbon, capture, usage and storage (CCUS) technologies within the…Read More

IOSS Seminar (online)

Hosted by Essentia Global Services/Deeks VAT Consultancy on Thursday 10th June at 11.30am to 12.30pm On 1 July 2021, the European Union (EU) will introduce sweeping reforms to the VAT obligations for B2C e-commerce sellers and marketplaces. These changes include:  launching the EU VAT Return One Stop Shop; Closing the €22 import VAT exemption loophole with a…Read More

3 ways COVID has changed business valuations

MAY 2021 Whatever your reason for requiring a business valuation, we can provide a valuations service that stands up to scrutiny. In this last year, COVID-19 has seen business owners find it even harder to establish and agree upon a fair market value, making it even more important to call upon the experience and judgement necessary to calculate the value…Read More

Budget 2021 – one to be remembered

4TH MARCH 2021 – Reflections on yesterday’s Budget from our Tax Partner Ian Kelly. Read on for initial information on COVID assistance, COVID fraud, an update on Taxes, Research & Development Tax Relief, Housing, Freeports, and what the Budget means for the Tees Valley. Our more comprehensive budget summary can be found here. ——————– So,…Read More

Budget Predictions

1st FEBRUARY 2021 Thoughts from Ian Kelly, Tax Partner, Davies Tracey. Well, in the midst of the pandemic and another lockdown, we have a Budget on its way with Chancellor Rishi Sunak due to present his second on 3 March. It’s fair to say that some view Sunak as having emerged from the current crisis…Read More

Local Restriction Support Grants

JANUARY 2021 Following our updated summary of economic support from the government for businesses and individuals affected by the third national lockdown (click here to view), we hope the following collated list will further help our clients. These are links to the relevant pages of various local council websites, should you wish to apply for…Read More

Winners of ‘Racing home for Christmas’

DECEMBER 2020 When Archers Law set a fun, festive step challenge we were really happy to join in. There’s more on ‘Racing home for Christmas’ here on the Archers Law website, but in short they challenged participating teams of 6 to a race of 633,600 steps, which is the equivalent of 300 miles or the…Read More

Why managing payroll is more complicated – and important – than ever

DECEMBER 2020 Our payroll manager, Sarah Gosney, recently wrote down her thoughts on the payroll sector and its integral role during 2020, which were included in the Tees Business Magazine, winter 2020 issue. Click here to read the article (on page 88), and magazine in full. Call Sarah on 01642 606003 with any payroll queries.

CJRS Compliance Checks

NOVEMBER 2020 We are aware that HMRC are now sending out letters to individuals and small businesses to commence checks into claims made under the Coronavirus Job Retention Scheme. The letter reads: The Coronavirus Job Retention Scheme (CJRS) was set up to help employers pay their employees’ wages during the Coronavirus (COVID-19) pandemic. Our records…Read More

Furlough Scheme Extended

A government announcement on Saturday 31st October declared a national lockdown starting from midnight Wednesday 4th November and initially due to last until 2nd December. The government have confirmed an extension to the existing furlough scheme during this period and we have listed some of the main points below that have been published so far…Read More


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