Archives for Updates

2018 is bringing our ambitious growth plans to fruition, we have engaged two new employees in our client services team. Amberley Walters, 25, and Jordan Davies, 20, have joined the client services team as trainee bookkeepers.  They will both be completing in-house and accredited training programs with a view to become client managers in their own right. Managing Director Kath Hiscock said: “We are excited to announce this expansion of the team in 2018 and look forward to our new recruits qualifying and growing their own client bases.” Over the next year, Amberley and Jordan, will be learning both manual and
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Christmas is a time for planning, what to eat, what to buy, where to spend the festivities.  It’s also a time to spend with family and loved ones and thank them for supporting you in your business for the last year, time to sit back, relax and recharge for the New Year. Our MD is no different, she has lists for everything, and each task or item is meticulously ticked off, each list gets smaller, until a new list appears.  Why does she make lists? If you ask her it’s because she has so much to do and remember that
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There are two types of accounting methods and it is almost up to you, to decide which you use. The difference is purely how a company records the ins and outs of the finances of the business. Many large companies try to use the subtle difference to manipulate their numbers and this has led to many financial scandals. Cash accounting is the method where you record your income when you actually receive it in cash or in to your bank. For example, if you do a job and invoice it on 1st April 2017 but you don’t receive the money
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In a budget that was clearly sending a message that key British Institutions are safe with this government during this Brexit world we bring you key points from the Budget 2017 speech by Chancellor Philip Hammond for you to consider. Self-employed NIC increase to 11% by 2019 The chancellor wants an equal playing field between those that are self-employed and those that are employed and has therefore increased Class 4 NICs by 1% from April 2018 and a further 1% from April 2019. Dividend allowance slashed To further reduce the discrepancies in the tax system the chancellor has reduced the
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Year-end business tips with #seamountbiztip As we near the end of the 2016/17 tax year you can make the year-end process run smoothly by following some of our tips below: Consult your accountant. Your accountant should be working with you throughout the year and not just at the year-end but if you haven’t heard from them for a while, contact them before the year-end happens to discuss any tax savings you may be able to make before the year finishes. Keep your records tidy. Many people throw their invoices and receipts in a bag/box and then panic when the deadline
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Many small businesses start off with the owner also working a full-time job elsewhere.  The business is typically a hobby or interest that has grown.  But do you know when you should formalise it?  Does formalising your hobby business scare you?  Look no further for some hints and tips on how to get it right. HMRC define you entrepreneurs as people who are employed and are paid wages through PAYE for their main job but who earn extra money from activities such as: consultancy and other services organising parties and events or providing entertainment activities such as taxi driving, hairdressing, providing
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Exciting news at SeaMount!…..we’re moving! On Monday 29th February our office will be closed and our telephones will be transferred so we will have limited contact available. Bear with us and once we’re back up and running we’ll give you all the latest news! Many Thanks Adam & Kath
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