Growth Plan 2022
The RT Hon Kwasi Kwarteng MP published the government’s Growth Plan 2022 on the 23rd September. It is being labelled
HMRC fuel rates September 2022
New rates. Updated advisory fuel rates (AFRs) from 1 September 2022 for fuel costs when using company cars. Engine Size
Health and Social Care Levy scrapped
During the mini-budget on 23 September 2022 the Chancellor, Kwasi Kwarteng announced that he was scrapping the Health and Social
PAYE Liability
If your limited company owes PAYE payments to HMRC some Directors assume that if they close the company the debt
HMRC fuel rates June 2022
New rates. Updated advisory fuel rates (AFRs) from 1 June 2022 for fuel costs when using company cars. Engine Size
PAYE Settlement Agreements (PSA)
PSAs allow you to make one payment annually to cover tax and National Insurance due on minor, irregular or impracticable
HMRC fuel rates March 2022
New rates. Updated advisory fuel rates (AFRs) from 1 March 2022 for fuel costs when using company cars. Engine Size
Spring Statement – what would we like to see?
23 March is the date set for the mid-year Spring Statement, being delivered by the chancellor Rishi Sunak. What, if
NEWSLETTER: Volume 4
We like to keep our clients as informed as much as possible in the ever changing world of taxes and
An update that may be of interest…
Midas Group – The potential failure of Midas Group, which would encompass, Midas Construction Limited, Mi-Space (UK) Limited and Midas
Making Tax Difficult
The Federation of Small Businesses (FSB) has calculated that the Making Tax Digital initiative, which the Government believes is ‘making
The Health and Social Care Levy
The Coronavirus pandemic has illuminated chronic problems in our health and social care system. It has been estimated that it
HMRC fuel rates June 2021
New rates. Updated advisory fuel rates (AFRs) from 1 June 2021 for fuel costs when using company cars. Engine Size
Tax-efficient Ways to Extract Profit from your business.
Part 4 We are often asked by our clients how they can best extract profits from their company without falling
Tax-efficient Ways to Extract Profit from your business
Part 3 We’re often asked by our clients how they can best extract profits from their company without falling foul
How viable is your business, is it in financial distress?
It is reported that 720,000 businesses are now in significant financial distress, in a recent report published by Begbies Traynor,
Curing the Economy: Rishi’s remedy for Post-COVID Britain
Budget 2021: What does it mean for you? Highlights An interesting budget to say the least. No help for
Selling a property that isn’t your main residence?
UPDATE: from 27 October 2021 the Government issued a statement that CGT is payable within 60 days of the date
What tax changes are happening in 20/21?
The VAT Reverse Charge Originally happening in October 2019, it was postponed until October 2020 to let businesses concentrate on
Merry Christmas from Team Seamount
Wishing you all a Merry Christmas and a Happy New Year from Team Seamount
Tax-efficient Ways to Extract Profit from your business
Part 2 We’re often asked by our clients how they can best extract profits from their company without falling foul
Tax-efficient Ways to Extract Profit from your business
Part 1 We’re often asked by our clients how they can best extract profits from their company without falling foul
Accounts Payable
We have created a series of help guides so you can keep your finger on the pulse of your business
Nine weeks since the world changed…
On the 16th March we decided to close our offices to visitors, not only to protect our employees but also
Budget 2020: What it means for you and your employees.
With COVID-19 dominating the headlines this week you may be forgiven for missing the Budget given by the Government on
What our clients say
We are proud to have supported our clients, many of whom began their business journey at the kitchen table and are now venturing in to premises and the realms of employment. Have a read of their testimonials below to see what they say about us.