Diamond Bookkeeping and Accounts

10/04/2026

17/10/2025

Client appreciation has been strong today! We will always try our best for all of our clients and love to make a positive impact in the lives, businesses and finances of our clients. As the lovely client who gave us the card today said - it’s easy to make a complaint but important to show appreciation too - and positive feedback not only brightens our day but keeps us motivated to continue helping the 2000+ people who we service each year. You’ll never please everyone - but it’s the appreciative clients that make our work and going the extra mile worth while. Thank you to all of our supportive clients 💎

03/06/2025

So it’s official! Diamond Bookkeeping & Accounts is expanding 💎 We have secured our second office space and have spent the day today moving & building furniture - redecorating & spreading out into the new space! The second office will allow us to bring in more staff, and hold more private & confidential meetings with our clients. Thank you Hollie Gardiner, Justin Meaney, Leah Nelson & Andy for the important roles you all played in making this happen. 🥂 and to all of our clients for your everlasting support. We couldn’t have made this happen without you 💎

06/03/2025

🏆 Xero Advisor Certification 🏆

Congratulations to our lovely Office Manager Hollie Gardiner for completing your Xero Advisor Certification!

Hollie is now certified to help our Diamond Bookkeeping & Accounts clients get the very best out of their Xero accounting software. 🎉

All of our staff are Xero certified advisors and the practice is a Xero Gold Champion Partner, providing our clients with a higher level of service, helping them improve their financial processes, and empowering them to make better business decisions.

If your business could benefit from this, please drop us a message and we can work together to come up with a bookkeeping package to support your goals.

Well done Hollie!

10/02/2025

We are out of office today on a team building day to decompress after the January rush. Please PM if there’s anything urgent or we will be back in the office 9am tomorrow 💎

31/01/2025

🎉✅ We’ve made it through the January deadline! ✅🎉

A huge thank you to the incredible team for their unwavering dedication and hard work in getting everything done on time. Your commitment and effort never go unnoticed, and I’m beyond grateful for each one of you! 🙏🏼💼

To our amazing clients, thank you for your continued trust and support. We couldn’t do this without you, and we truly value the relationships we’ve built together. Here’s to more success in the year ahead! 🥂

Now, it’s time to take a breath and enjoy a well-deserved break before we gear up for the next challenge! 🙌🏼

We will be back in the office Tuesday 4th February.

13/12/2024

Thank you Mark Palmer Plym locks for our Christmas gifts 🥂

22/11/2024

🎄✨ The holiday spirit has arrived at Diamond Bookkeeping & Accounts! We've decked the halls and transformed our office into a festive wonderland. Whether you're stopping by to take care of your finances or just to enjoy the Christmas cheer, we’re ready to help you shine this season. Wishing all our clients a joyful and prosperous holiday season! 🎅💼

18/11/2024

🎉 Congratulations Leah on 1 Year! 🎉

Last week, we celebrated one incredible year with Leah Nelson at Diamond Bookkeeping and Accounts! 💎

From day one, you've brought dedication, skill, and a positive attitude that has made a real impact on our team and clients. We’re so grateful to have you as part of our family. Your hard work and commitment inspire us all. 🙌

Here's to many more years of success, growth, and teamwork together! 🎉👏

01/11/2024

Happy 1st of the month!

Services we offer:

💎 Self assessment tax returns - with only 91 days left until the deadline for the year ending 5th April 2024 it’s important this job gets checked off your to do list soon to give you time to pay any tax due! We offer personalized support in preparing your tax returns, ensuring accuracy and timeliness while maximizing your eligible deductions. We also provide valuable advice on tax planning, helping you to minimize your tax liability and optimize your profits. With our expertise, you can feel confident that your tax affairs are in order, allowing you to focus on growing your business.
💎 Company Incorporation - we understand that this is an exciting yet daunting step. Our dedicated team is here to simplify the incorporation process for you. We’ll guide you through every stage, from selecting the right company structure to completing all necessary paperwork. Our expertise ensures that you meet legal requirements while maximizing your tax efficiency. We also provide tailored advice on the financial implications of your new business.
💎 Xero setup - We can assist with setting up essential systems for bookkeeping, invoicing and compliance, so you can focus on what you do best—growing your business. With our ongoing support, you’ll have peace of mind knowing that your financial foundation is in expert hands.
💎 VAT Returns - We understand that navigating VAT regulations can be complex and time-consuming, which is why we’re dedicated to simplifying the process for our clients. Our services include VAT compliance, bookkeeping, financial reporting, and strategic tax planning—all aimed at maximizing your company’s efficiency and profitability. We pride ourselves on our personalized approach, ensuring that each client receives the attention they deserve.
💎 CIS Returns - Understanding the unique challenges of the construction industry with different rates of VAT, reverse charge VAT, CIS tax on subcontractors and monthly contractor cis returns with paye offsetting to navigate, we offer our unique knowledge and expertise.
💎 Limited company accounts - Limited companies face unique challenges, from regulatory compliance to accurate financial reporting. Our team is dedicated to ensuring your accounts are not only compliant with the latest standards but also optimized for your business needs. We provide comprehensive services, including preparation of annual accounts, tax planning, and ongoing financial advice. Our expertise means we can help you identify opportunities for tax efficiency, manage cash flow effectively, and make informed decisions based on real-time financial data.
💎 Payroll & Pensions - Managing payroll can be a complex and time-consuming task, but it’s crucial for maintaining employee satisfaction and compliance with regulations. Our team streamlines the payroll process, ensuring accurate calculations, timely payments, and adherence to all legal requirements. In addition, we provide expert guidance on pension schemes. Navigating the regulations surrounding pensions can be daunting, but we can help you implement a plan that not only meets your obligations but also benefits your employees and enhances your company’s attractiveness. With our comprehensive payroll and pensions services, you can focus on your core business activities, confident that your employees are taken care of. Let us help you build a strong foundation for your workforce.

At diamond we truely understand the importance of the work we do. We are of the opinion that to truely succeed in business it takes a village of people working in synergy in their individual areas of expertise - lots of business owners make the mistake of taking on their own bookkeeping and miss key information and tax saving strategies in doing so.

A good accountant or bookkeeper will always save you more than they cost. So if I can help any of you or anyone that you know please get in touch for a free consultation appointment where we can discuss if there’s any way in which my team and I can save you time, money, and stress!

💎 AAT Approved Practice
💎 Xero Gold Champion Partner & Certified Advisors
💎 Fully Insured

We are local to Plymouth, South Hams and Cornwall but have a portfolio of clients covering the whole of the UK.

Established in 2018 with over 35 years combined experience both in practice and industry accounting, we understand that a business owners time is best spent doing what they do best, and that isn't always bookkeeping and accounts, therefore we offer a much more personable and in-depth involvement than most services widely available.

We are Accounting, Payroll, Tax, VAT and Construction industry specialists and have the facilities to cover and manage all of your accounting needs, from sole trader to limited company.

All of our tax advice is free so if there is anything we can help you with, please get in touch. And check out our 5⭐️ reviews on Google!

🔎 𝑅𝑒𝓋𝒾𝑒𝓌𝓈! ⭐️⭐️⭐️⭐️⭐️
https://g.page/r/CaXXKnh1WgpiEBM/review

💻 www.diamondbk.co.uk

📞 01752 393353

✉️ [email protected]

30/10/2024

What does today’s Autumn Budget mean for you?

For Employees👷🏽

💰 Higher Wages: If you’re on minimum wage, you’ll see an increase to £12.21 per hour from April 2025. Younger workers will also be phased into the adult rate, benefiting many under-21s.

📈Frozen Tax Thresholds: The freeze on income tax and National Insurance thresholds will end in April 2028. This means you could pay more tax year on year until the tax thresholds are increased.

For Employers 🏭

💷 Higher Employer National Insurance: The rate for employer NI will increase to 15% on earnings over £5,000 from April 2025, impacting payroll costs.

🙏🏼Increased Employer Allowance: Good news for small businesses – the Employer’s Allowance will rise to £10,500 from April 2025, helping smaller businesses offset higher NI costs.

📈Wage Increases: With the minimum wage rising, employers may see increased payroll costs, especially if employing younger workers phased into adult rates.

For Savers & Investors ⬇️

⛔️ Capital Gains Tax (CGT) Adjustments: The basic CGT rate will increase to 18%, with the higher rate going up to 24% from October 2024. Carried interest is now taxed at 32%, impacting investors with performance-based income.

🪦 Inheritance Tax (IHT) Updates:
• The allowance freeze will continue until 2028, and PENSIONS will be included in IHT calculations starting in April 2027.
• Business Property Relief (BPR) is now capped at £1M, with any value above £1M subject to a 20% tax on death. AIM shares will also face a 20% tax on death – affecting inheritance and succession planning.

🏡 Stamp Duty Land Tax (SDLT): The surcharge for second homes will increase to 5% from tomorrow, which will affect future property investments for landlords.

These updates will impact both individual finances and business planning. For a more personalised look at how these changes may affect your goals, feel free to reach out for a discussion!

📞 01752 466901
📲 07432 013429
📧 [email protected]