Debt is not inherently negative. Borrowing can fund growth, smooth seasonal dips or help you bridge large orders. Problems start when visibility slips, costs rise or deadlines are missed. Our guide below sets out the core accounting and cash management practices we encourage clients to follow. Use it as a monthly checklist and adapt it …
As expected, this year’s Spring Statement did not introduce any major new tax announcements. The Government has previously confirmed that the Spring event is intended to provide an update on the public finances rather than act as a full fiscal reset. The Autumn Budget remains the main opportunity for significant tax or spending changes. That …
Preparing for an audit is rarely anyone’s favourite job, but it is part of running a resilient, well-managed business. HMRC is under continued pressure to close the tax gap. In 2024/25 alone, it completed around 316,000 compliance checks and has continued to invest heavily in new staff, data tools and digital systems. Against that backdrop, …
Irregular income, no employer sick pay, and responsibility for your own tax bills make cash planning more important when you work for yourself. Yet many people have little to fall back on. The FCA’s 2024 Financial Lives survey found that one in ten UK adults has no cash savings, and a further 21% have less …
As the dark nights draw in, plenty of businesses are planning Christmas parties or staff celebrations. These are a great way to thank your team for their hard work and end the year on a high. Some of these events can be tax free if they meet HMRC’s criteria, while others may trigger a taxable …
If you run a limited company, you will soon notice some changes to the cost of keeping your records up to date. From 1 February 2026, Companies House is increasing several of its filing fees, including the confirmation statement fee, which will rise from £34 to £50. That may come as a surprise to business owners who …
Thinking about moving your business into a limited company? Incorporation can offer tax advantages, legal protection and a more professional image, but it also comes with upfront costs, administrative changes and potential tax traps. Below, we look at the key points to consider before making the switch. What does incorporation mean? The term incorporation usually refers to …
Self Assessment rarely makes it to the top of anyone’s to-do list. Deadlines creep up, paperwork hides in inboxes and the rules change just enough to cause confusion. The good news is that with a little planning you can file with confidence, avoid penalties and keep your tax bill accurate. SeavorChartered has pulled together a …
Thinking about getting a new company car or van? The rules around taxation, VAT, and purchase options can be more complicated than you might expect. In our latest podcast, we break down everything you need to know to make smart decisions and save money. In this episode, the team covers: Watch the full video here: …
If you’re starting a business or reviewing how your existing business is structured, one of the biggest decisions you will face is whether to trade as a sole trader vs limited company. The structure you choose can affect your tax bill, ability to get finance, personal liability, and even how your business is perceived. In …
The Chartered Institute of Taxation
The Association of Taxation Technicians
