We have moved to our fantastic new office premises. Our new office means we have additional space for training and meetings. It also offers an excellent work place to attract and retain a fantastic team to work with you. Also, it won’t be hard to find us, as we are just 50 metres away from …
Our April Newsletter includes information on the government consultation on a new Stamp Duty Surcharge, Contractors who potentially will face a huge tax bill, a probate revamp and the fall in apprenticeship starts. GOVERNMENT CONSULTS ON NEW STAMP DUTY SURCHARGE The Government is considering introducing a new stamp duty surcharge, which is designed to clamp …
Our first newsletter of the year brings you news about how businesses are dealing with the apprenticeship levy, the latest figures about UK spend on research & development, calls for Inheritance Tax to be digitised and calls for MTD rollout to be delayed.
How to plan and make a legally valid will.
Most people don’t like to think about their own mortality, but planning for the future is important to ensure your estate; property, money and possessions are distributed the way you intend.
Writing a legally valid will is an essential part of this, and can provide peace of mind for you and your loved ones.
Despite this, a study from YouGov found that 62% of the UK’s adult population did not possess a will in 2017. In fact, most people tend to put it off, with only 36% of 45 to 54-year-olds saying they have a will, compared to 67% of over-55s.
When asked why they hadn’t made a will, the main reason was simply that they “hadn’t got round to it yet”.
If you’re among the majority of people in the UK who haven’t drafted a will, this article covers why you need one, how to go about making one, and what could happen if you don’t.
Our December Newsletter includes information about the upcoming temporary rise in Annual Investment Allowance, a reduction in Business Rates for small retail businesses, the IR35 reforms set to cost contractors more in tax and the national insurance rise for higher rate earners.
When and how to begin the process of deregistration.
These days VAT thresholds are the subject of much speculation, with the Government concerned that many business owners deliberately choose to stay below the VAT-registration threshold.
Limiting your ambition in this way might seem counter-intuitive – surely you want your business to get as big as possible?
But it can make sense if you are seeking to make a sustainable living rather than get rich, perhaps by trading on online auction sites, or running a café with limited opening hours.
If your business’s turnover is predicted to fall below £83,000 over the next year, it can voluntarily deregister for VAT.
Britain is a nation of fearless business entrepreneurs, but the likes of Richard Branson and James Dyson didn’t go from rags to riches instantly.
Branson needed a £300 loan to get his magazine up and running after dropping out of school at the age of 16. Dyson produced 5,167 prototypes before inventing his vacuumless dust-buster.
In fact, Government statistics revealed that more than half of businesses founded in 2011 had folded within five years, so the lesson here is to think before you decide.
If you have a bright idea and have spotted a gap in the market, you’ll need to test, prepare and assess the risks and opportunities to give your new business the best chance of survival.
Our November newsletter brings information on the success of small businesses looking for finance, the lack of preparedness by SME’s for a no -deal Brexit, the apprenticeship levy reforms and a roundup from the Budget.
Welcome to the SeavorChartered Budget Report.This report looks in depth at how the Budget affects you with sections including Business, Personal, Duties, VAT and other announcements.
At a glance, the headlines are:
Business
Personal
The Chartered Institute of Taxation
The Association of Taxation Technicians
