Author Archives: Sedulo

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

Seed Funding | Guide

  Covered in this guide… What is seed funding? Where can I source seed funding? Self-funded Debt finance Crowd funding Venture capital What is SEIS relief? What is in it for the investor? What are the rules for a qualifying … Continue reading

Funding your Business | Guide

  Covered in this guide… Bank funding Enterprise Finance Guarantee Scheme Crowd Funding Secondary tier lenders Invoice financing and factoring Asset finance Equity funding Grant funding Matched funding Your next step…

What a difference 5 years makes…

This month, we are celebrating our 5th birthday.

It’s been quite a ride; we’ve seen growth in all facets of our business, numerous business, tax and corporate finance successes in a variety of business sectors, and all in the backdrop of… Continue reading

Why would I need a relevant life policy?

If you are a company director and you have personal life cover to protect your family and dependents then you could be paying more tax than you need to.

If you pay for life cover from your own bank account then you will be paying from post tax … Continue reading

How much does relevant life cover cost?

A relevant life policy is priced the same as personal life cover by providers, it is who pays the premiums, and the tax treatment of premiums, that derives the cost savings.

There is no additional charge by insurers for having a relevant life cover. Continue reading

Business Modelling & Projections | Guide

  Covered in this guide… What does a set of financial projections look like? Why would I need to prepare business projections? What package should be used to create my financial projections? What is meant by a flexible set of … Continue reading

How to Write a Business Plan | Guide

  Covered in this guide… Who needs a business plan? Who can write a business plan for me? What is included in a business plan? A Business plan template Your next step…

International Business | Guide

  Covered in this guide… Trading in the UK Setting up a company in the UK Dealing with Companies House & taxation When are the UK filing deadlines? Employees & Payroll in the UK Value Added Tax (VAT) in the … Continue reading

What are the advantages of a relevant life policy?

Arranging life cover for yourself can now be treated as a legitimate business arrangement and, with your company paying the premiums, there is also the potential of reducing your company’s Corporation Tax liability.

Here are some of the advantages of relevant life policies… Continue reading

Can you avoid the child benefit tax charge?

Child benefit starts to reduce if one of the parents earns more than £50,000.

Depending on your income and the level of pension contributions that you are already making, it may be possible to avoid the Child benefit tax charge by making additional pension contributions. Continue reading

What are changes to Annual Investment Allowances?

There are two welcome measures designed to stimulate business investment in plant and machinery.

We had a temporary “annual investment allowance” (AIA) of £250,000 due to expire on 31 December 2014 but this period has now been extended to 31 December 2015 after which the amount will reduce… Continue reading

‘No make up’ selfies for Cancer Research UK

On Thursday 27th March 2014 we decided to lend our support to the numbers of people raising money for Cancer Research UK with their ‘no make up’ and ‘man up and make up’ selfies by taking our very own versions. … Continue reading

After the Budget announcement, how much can be taken from a pension?

If you have a small pension… The small pension fund benefits allowance, known as Trivial Commutation, has increased from £18,000 to £30,000 from the 27th March 2014 for people aged 60 and over. In addition to the triviality rules, you … Continue reading

What do the Budget 2014 changes mean for tax avoidance schemes?

Bad news for all those taxpayers that are still happy to use promoted tax schemes to avoid tax. All schemes with a requirement to notify under the DOTAS regulations are to be counteracted under the General Anti-Abuse Rule (GAAR). This … Continue reading

What are the new ISA limits?

Excuse the pun, but the New ISA has certainly become nicer. First of all, the ISA limit has been increased to £15,000 from the 1st July 2014. In addition, there is no fixed or maximum amount that can make up … Continue reading

What are the increases in personal allowances?

The chancellor made a surprise announcement with a small unexpected give away. We had been expecting personal allowances to increase from £9,440 to £10,000 for 2014/15. It was announced that the allowance will be further increased to £10,500 for 2015/16 … Continue reading

We’re delighted to sponsor the Milliewood Ball

We’re delighted to be one of the sponsors for the Milliewood Ball on behalf of Millie’s Trust. The event is being held at Stockport Rugby Club on Friday 20th June 2014 and is in aid of the charity who aim … Continue reading

How the Budget 2014 affects you | Guide

  Covered in this guide… What are changes to Annual Investment Allowances? What are the changes to R&D payable tax credits? Changes to Tax Avoidance Schemes What are the increases in Personal Allowances? 10% savings band reduced to 0% How … Continue reading

Research & Development (R&D) Tax Relief | Guide

Looking to understand more about research and development (R&D) tax relief?

Download our FREE guide here! Continue reading

Offshore Investment Bonds | Guide

Looking to understand more about offshore investment bonds?

Download our FREE guide here! Continue reading

Factoring | Guide

Looking to understand more about factoring?

Download our FREE guide here! Continue reading

How to fund an acquisition

Each acquisition is different but there are many ways to fund a transaction as long as the numbers from the financial due diligence stack up. Such sources may include leveraging the assets which you will be acquiring in the new … Continue reading

What are the personal tax allowances for under 65’s and over 65’s?

Under 65’s | £9,440 If you are running a business as a sole trader or partnership then your level of profit and other income will determine whether or not you are using the full allowance. However, but if your profits … Continue reading

What is the difference between due diligence and a financial audit?

An audit is a detailed review of historical financial data involving substantive and systematic testing to corroborate the figures presented in a set of statutory accounts. Financial due diligence on the other hand will look more in to the trends … Continue reading

Due Diligence | Guide

Looking to understand more about due diligence?

Download our FREE guide here! Continue reading

What are the tax free benefits of a JISA?

A Junior Individual Savings Account (more commonly known as a JISA) is ‘wrapper’ that comes with several major tax advantages. The key advantages are… Continue reading

Do sports clubs have to register for VAT?

A sports club with business activities and turnover from standard-rated, reduced-rated and zero-rated supplies (including subscriptions) above current HMRC (“HM Revenue & Customs”) limits should register for VAT. Continue reading