Author Archives: Sedulo

How does key person protection work in a partnership?

A partnership is not a legal entity but one or more of the partners can apply for a policy on the life of the key person. The policy can be written into the key person Partnership trust if required. The … Continue reading

Do you need to include income that is already taxed on your tax return?

A question we hear fairly regularly and the answer is yes. If you are sent a tax return to complete then you must enter details of all income received no matter how trivial or whether it is taxed before you … Continue reading

How to fund a potato salad | Part 2

Those who read our post yesterday will be aware of the journey of a gentleman from Ohio called Zack Brown who is raising money through crowd funding to make a potato salad. At the time of writing yesterday’s post, the … Continue reading

How to fund a potato salad | Part 1

Anyone who knows us knows that there’s nothing we love more than someone with a bit of an entrepreneurial knack and the ability to see the potential in even the most simple of things. It was only last year we … Continue reading

How much can I borrow under EFG?

Borrowers can access funding between £1k and £1.2m over terms ranging from 3 months right up to 10 years. Many lenders will offer the chance of a capital repayment holiday to further aid cash flow. What are the costs of … Continue reading

Sedulo take part in Stockport County’s annual golf day

On Friday 20th June 2014, we took part in another successful golf day hosted by Stockport County FC. Benn and Dan were our representatives on an event that was certainly one to remember, with 13 teams made up of executives, … Continue reading

Which employees need to be auto-enrolled into a pension?

You will need to assess your workforce initially on your staging date, and at every pay reference period which is at each monthly or weekly payroll run, and when a worker reaches any pivotal age of 16, 22, and state … Continue reading

Will a factoring provider fund against all of my debtors?

Generally most debts in your business will be able to be funded against although some exceptions do exist. Unincorporated customers will tend to be backed although individuals (‘Joe public’) are unlikely to be funded against. The concentration of the debtor … Continue reading

Sedulo Newsletter – June 2014

What do I need to put in a business plan?

Business plans allow you to put your ideas onto paper by setting out the targets of your prospective business and, crucially, how you are going to achieve them. Perhaps more importantly though, having a watertight and succinct business plan can … Continue reading

Can I convert an existing personal life policy to a relevant life policy?

This a common question when it comes to looking into relevant life policies and unfortunately, in short, the answer is no. A new contract must be established by the… Continue reading

How do I arrange a factoring facility?

The first port of call should always be your accountant who will work with a variety of different providers and who should be impartial when it comes to whom they place business with.

Once an initial meeting has been … Continue reading

How much will it cost to complete my tax return?

If you do opt to enlist a professional tax adviser, the amount of work taken to complete a tax return can differ and therefore so can the costs.

Some firms do not quote ahead of the work; they will… Continue reading

Do I need to use the NEST for Auto-Enrolment?

No. As an employer you have various options open to you such as; using the National Employment Savings Trust (NEST), converting your existing scheme to meet the required quality standards, putting in place a new scheme offered by a… Continue reading

Do I have to complete a tax return?

Perhaps unsurprisingly, we hear this question a lot.

Generally, the most common circumstances requiring Self Assessments are… Continue reading

Apprenticeships at Sedulo

Looking to make that first step into a career in accounting and business? Become an apprentice with us! Since the beginning we have embraced apprenticeships, taking on an average of 2 new apprentices a year. We work closely with apprentice … Continue reading

Capital Allowances – are you missing out on Tax Relief?

If you own commercial property, are about to sell commercial property, or are about to buy commercial property, recent changes to legislation on Capital Allowances may mean that you are not obtaining all of the tax relief available to you. Continue reading

Sedulo sponsored Reddish Hotrods record a victory

Great news for our sponsored basketball team, the Reddish Hotrods, as they today recorded a victory whilst debuting their new custom kits. Keep the victories coming boys and girl!

May 2014 Successes

Here are our deals, client wins and accomplishments from May… Continue reading

May 2014 top tweets

Take a look at some of our favourite tweets to come through the @sedulogroup Twitter account over the past month… Continue reading

Auto enrolment fines and penalties

The employer duties that come with auto enrolment are not optional and The Pensions Regulator (TPR) will be responsible for ensuring that you comply with your employer duties.

There will of course be penalties associated with not complying with… Continue reading

What are the limitations with a relevant life policy?

The level of cover is subject to normal underwriting limits and so the maximum level of cover is restricted to up twenty times salary and remuneration package (including pension contributions).

However, the limits and definition of remuneration packages vary… Continue reading

Project Yellow

Paul Cheetham of Sedulo Corporate Finance is pleased to have advised Swedish listed company Oniva Online Group AB on the part disposal of its subsidiary Just Search Limited to Manchester based digital agency Digital Next. In addition, the deal also … Continue reading

How the banks are lending

As the economy continues its gradual progress to full recovery and the financial outlook of the country is steadily improving, we are finally experiencing a little more liquidity in bank finance at all ends of the spectrum. Whilst bankers on the frontline have been preaching the banks’ mantra that they are ‘open for business’ for quite some time now, it has taken until comparatively recently for consumers… Continue reading

Team Sedulo return for the BUPA Great Manchester Run 2014

On Sunday 18th May 2014, Team Sedulo returned to the streets of Manchester to compete in the BUPA Great Manchester Run 2014. This year marked our 3rd year taking part in the event, and this year, for the first time, … Continue reading

Are HMRC getting more from you than they should?

There has been a flurry of activity from HMRC recently, all designed unfortunately to raise more money for the treasury. Firstly, HMRC have issued late filing penalty notices for all 2013 tax returns that weren’t submitted within the deadline of … Continue reading

Do HMRC already have too much power or should we encourage greater effort to collect tax owed?

Some MP’s have raised concerns of proposal’s in the Chancellors budget to allow HMRC to raid personal bank accounts of taxpayers who fail to pay up despite repeated reminders. Head of tax at Sedulo, Darrell Booth, believes this measure will get through despite protestations… Continue reading

Why choose crowd funding over bank debt?

Even with the proposed changes to make bank funding more accessible, the time taken to gain credit approval can be a lengthy process; often taking weeks to get an answer.

The major attraction of Crowd funding is the streamlined application and acceptance process… Continue reading

Tax Enquiries | Guide

  Covered in this guide… Introduction to tax enquiries and investigations Tax Enquiry Fee Protection Scheme I’ve had this income for years and HMRC have never asked me about it, why should they now? Is it worth the risk of … Continue reading

Management Buy Outs (MBO’s) | Guide

  Covered in this guide… What is a management buy out? What are the benefits of an MBO over a trade sale? How do I prepare for an MBO? Are there any benefits to exploring a trade sale over the … Continue reading