Using pension funds in your business

How your pension savings can help finance your business.

As traditional loans fall out of favour with increasing numbers of business owners, you may be looking for an alternative route for financing – and your pension could be the answer.

Funding your business using your pension pot may be an overlooked option compared to these. It can be well worth considering if you want more control over the way you finance your business.

Rather than relying on a traditional lender to buy into your business and provide continued support, using your pension lets you take on the responsibility yourself.

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SeavorChartered awarded Xero Gold Partner Status

Xero Gold PartnerWe are very pleased to announce we are Gold Champion Standard Xero Accountants.

Always looking to offer up to date, time-efficient resources and information for clients, we chose Xero as our recommended cloud-based accounting software. Xero benefits our clients by providing 24/7 real-time access to their accounts so that we can easily view their current financial position meaning we can give business and financial advice at any time, not just at year end. 

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October Newsletter

October Newsletter

Our October newsletter brings information on the dividend allowance, a change of mind on Class 2 NICs, the decline in apprenticeships and a call for inheritance tax to be abolished. We also highlight ways to withdraw profit from your business tax efficiently and how your pension savings can help finance your business in our business updates.

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Tax on residential property

Seavor Chartered Practice Update
How has devolution affected what property tax you pay?

How has devolution affected what property tax you pay?

First-time buyers in England, Northern Ireland – and for a short time in Wales – were the biggest winners in the most recent shake-up in Autumn Budget 2017.

Philip Hammond’s headline measure was to abolish stamp duty for first-time buyers on homes worth up to £300,000, and the chancellor didn’t stop there.

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September 2018 Newsletter

Our September newsletter brings information on HMRC confirming MTD will be relaxed during the first year for VAT-registered businesses, stamp duty tax breaks saving first-time buyers £284m, inheritance tax receipts reaching a record high of £5.2bn and SMEs citing VAT as their ‘biggest administrative headache’

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August 2018 Newsletter

Hello August …. whilst the temperature is cooling down a bit, we are keeping super busy and bring you this month’s newsletter with articles about the CEST tool, Tax incentives for longer term lets, a call for delaying the implementation of MTD and MP’s calling for a new tax to help cover the costs of caring …

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The Chartered Institute of Taxation

The Association of Taxation Technicians

Xero Gold Partner