For many UK families £100,000 is not just another milestone. It’s one of the most punishing tipping points in the tax system and crossing it can leave you materially worse off. What makes this threshold so significant is not just the tax but what you lose alongside it. Are you likely to be affected by …
Starting a new role often comes with a mix of excitement and uncertainty, but for Nathan Harmon, joining SeavorChartered has been a positive step in a career that’s already taken a few interesting turns. From sixth form to scuba diving in Bali, through apprenticeships and professional exams, Nathan brings a broad set of experiences and …
The requirement for small companies and micro-entities to file their profit and loss accounts with Companies House has been paused following stakeholder concerns, Companies House has confirmed this week. The news was revealed in an update to the “Filing your Companies House accounts” guidance on gov.uk yesterday. The new requirement had been expected to come …
The Scottish Budget for 2026/27 brings further changes to Income Tax, continuing the gradual divergence between how Scottish residents are taxed compared with the rest of the UK. While the headline message from the Scottish Government is that most people will pay less Income Tax, the reality depends heavily on where your income sits. For …
Joining a new team and starting a career is a big milestone, and for Karis Abbott, it’s one she’s embraced with enthusiasm from day one. Just a short time into her apprenticeship with SeavorChartered, Karis has settled in well, found her routine and brought a lovely energy into the office. With college underway and her …
Starting a new career can feel like a big step, but for our newest team member Ellie Wilson, it’s already proving to be a rewarding one! Just one month into her apprenticeship with SeavorChartered, Ellie has settled in well, made great progress, and even passed her first AAT Level 2 exam; a fantastic achievement so …
The Chancellor Rachel Reeves delivered the Autumn Budget 2024 speech at 12.30pm today which lasted over 80 minutes. The first Budget speech made by a Labour Government since 2010. The speech was highly anticipated and considered to be a big, consequential one. The Chancellor has announced £40bn of tax rises of which £25bn is set …
The Economic Crime and Corporate Transparency Bill marks a crucial step in the government’s strategy to combat economic crime while also enhancing transparency among UK Limited Companies.
Yesterday, (Thursday 4 August 2022), The Bank of England increased interest rates by 0.5% to 1.75% making it the highest increase in 27 years. The UK is expected to enter a recession, with the cost-of-living crisis continuing throughout 2023 before beginning to ease in early 2024. The Bank of England have said the increase relates …
Who wouldn’t want a company car? Well, potentially those who don’t like paying more tax than they need to. Many company car drivers will be aware that having a company car can result in significant Income Tax bills. The use of a company car is considered by HM Revenue & Customs (HMRC) to be a …
