The Federation of Small Businesses (FSB) has calculated that the Making Tax Digital initiative, which the Government believes is ‘making

The Coronavirus pandemic has illuminated chronic problems in our health and social care system.  It has been estimated that it

New rates. Updated advisory fuel rates (AFRs) from 1 June 2021 for fuel costs when using company cars. Engine Size 

Part 4 We are often asked by our clients how they can best extract profits from their company without falling

It is reported that 720,000 businesses are now in significant financial distress, in a recent report published by Begbies Traynor,

Budget 2021: What does it mean for you?   Highlights An interesting budget to say the least. No help for

UPDATE: from 27 October 2021 the Government issued a statement that CGT is payable within 60 days of the date

The VAT Reverse Charge Originally happening in October 2019, it was postponed until October 2020 to let businesses concentrate on

Wishing you all a Merry Christmas and a Happy New Year from Team Seamount

Part 2 We’re often asked by our clients how they can best extract profits from their company without falling foul

Part 1 We’re often asked by our clients how they can best extract profits from their company without falling foul

We have created a series of help guides so you can keep your finger on the pulse of your business

On the 16th March we decided to close our offices to visitors, not only to protect our employees but also

With COVID-19 dominating the headlines this week you may be forgiven for missing the Budget given by the Government on

As accountants we try to keep our information real and to be a little different.  We know that Valentine’s Day was

IR35, also known as the ‘off-payroll’ working rules is changing from April 2020.  It has been in the press a lot

And is there is a difference between bookkeeping and accounting? The process of bookkeeping is essential for any business.  As

As accountants we’re always going to advise you to not stretch your business beyond its means. And that can mean

The 31st of January 2020 is an important date for accountants for two main reasons…it’s self-assessment deadline day AND it’s Brexit

HMRC rules state that you cannot claim VAT paid on the purchase of a car if there is any private

What was your dream when you set up your business?  Was it that you wanted to work for yourself and

New rates. Updated advisory fuel rates (AFRs) from 1 September 2019 for fuel costs when using company cars. Engine Size

“Employing” your husband, wife or children for the purposes of increasing your business costs and therefore reducing your tax liability