News

HMRC crack down on online businesses

An interesting article appeared on BBC News recently, further highlighting HMRC’s crackdown by targeting internet companies who may have to provide more information on people and businesses who sell goods and services online. As stated in the article, HMRC are … Continue reading

INFOGRAPHIC – Why businesses are flocking to the Isle of Man

In recent years, the Isle of Man has developed into a hotbed for business, and it’s easy to see why. Factors such as their advantageous tax regimes along with a genuine focus on attracting companies in the digital and gaming … Continue reading

My work experience at Sedulo – James Mounsey

In late June 2015, we welcomed Blue Coat School in Oldham student, James Mounsey, into our office for a couple of weeks of work experience. James is set to enter his final year of Sixth Form and got in touch … Continue reading

How the Summer Budget 2015 affects business tax

Corporation Tax rate The CT rate will be cut to 19% in 2017 & 18% in 2020. This is great news for Limited Companies as this will be the lowest rate in the G20. The Government have estimated that this … Continue reading

Other factors covered in the Summer Budget 2015

National Living Wage From April 2016 a new National Living Wage of £7.20 per hour for the over 25’s will be introduced. One of George Osborne’s catchphrases during his budget speech was “The Government wants to move from a low … Continue reading

How the Summer Budget 2015 affects managing your wealth

Inheritance Tax (IHT) Currently IHT is charged at 40% on estates over £325,000. Any unused allowance can be transferred to your spouse, so a married couple has £650,000 between them before IHT is paid. From April 2017 the Government has … Continue reading

The Northern Powerhouse in the Summer Budget 2015

Devolved power to Manchester The Government is working on devolving more powers to Manchester following the deal agreed back in November 2014. Fire Services will be under the control of the Mayor, a new Greater Manchester Land Commission will be … Continue reading

How the Summer Budget 2015 affects personal tax

Personal Allowance and Higher Rate Threshold Typical taxpayers will be £905 per year better off as a result of the increases to the right. The Government have already announced they want to increase the personal allowance to £12,500 and the … Continue reading

VIDEO – How customer demand for wealth management is shifting & how the market is responding

“Where we’re going now with these new trends and the new story of what’s going to happen in the next couple of years is really all about people making demands of wealth managers that are different to the demands that … Continue reading

VIDEO – our view of the Great Manchester Run

As promised, we completed the Great Manchester Run with a GoPro camera strapped to our heads in exchange for your generous donations towards children’s respite charity, Once Upon A Smile. Here is the result, our view of the Morrisons Great … Continue reading

Tweets to maximise the value of your business

We gave control of our Twitter to our Corporate Finance team last week and tasked them with coming up with some pearls of wisdom to maximise the value of your business, all within 140 characters. Here’s what they came up … Continue reading

David Evans swaps Howard Worth partnership for Sedulo

We have bolstered our tax offering with the appointment of David Evans who joins us from Cheshire based practice, Howard Worth. Evans, 29, was on the partner development programme at Howard Worth and had been at the firm for the … Continue reading

Our day at Chester Races

A big thank you to everyone who joined us for a day at the races at Chester Racecourse on Friday 8th May. We were joined by around 40 clients and friends at Chester’s iconic racecourse and, despite the adverse weather … Continue reading

Sedulo boys back in the Manchester Run

On Sunday 10th May the Sedulo boys are back on the track for the Great Manchester Run…and this time round they’ve got a GoPro! This year will mark our 4th entry into the showpiece event and, after handing to reins … Continue reading

What is an Information Memorandum?

If you are looking into the possibility of selling your business, you will likely have been advised on the need to pull together an Information Memorandum. But what is it and what does it contain? An Information Memorandum is essentially … Continue reading

Shelby & Rachael take on the #Fab30 Color Run

On Sunday 5th July 2015, our own Shelby and Rachael will be joining 28 other ladies to take part in Once Upon A Smile‘s #Fab30 Manchester Color Run. The Color Run is not about how quickly you can get across … Continue reading

How Budget 2015 affects savers

Help to buy ISAs Help for those looking to save a deposit for a mortgage. This new offering comes with a boost from the government in the form of a tax free bonus. The bonus will be 25% of the … Continue reading

How Budget 2015 affects business tax

Update to the Annual Investment Allowance A welcome announcement from the Chancellor in relation to 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 … Continue reading

A tax give-away before Budget 2015’s even started

Of course everyone is waiting to see it there will be any last minute pre-election tax give-aways in his speech, but how many have forgotten one that was in last year’s speech but only comes into effect for 2015/16 i.e. … Continue reading

What are the tax advantages of EMI?

If the Enterprise Management Incentive (EMI) share options are granted at “market value” then there will be no liability to income tax or national insurance either at the time of the grant or the exercise of the options. If the … Continue reading

Sedulo lend staff for Once Upon A Smile coin count

The Sedulo Community Project is not only about donating money, it’s about donating manpower too. On Tuesday 3rd March we’re donating 6 of our staff to the good people at Once Upon A Smile for a coin count at the … Continue reading

Sedulo Community Project gives back to the North West

We’re delighted to share with you that our Sedulo Community Project initiative has put back over £23,000 into the North West over the past 12 months! Through the Sedulo Community Project, we pledged at the beginning of 2014 to deliver … Continue reading

Do you need cash flow projections when selling your business?

The short answer to this question is yes, and let us explain why. For you to fully understand a business you’re looking to sell, and more importantly to demonstrate the potential of that business to an acquiring entity, you will … Continue reading

Should financial projections be optimistic or pessimistic?

If the projections are to be used for the purposes of internal budgeting then it can be demoralising for managers if the numbers are unachievable. In this instance a realistic approach should be adopted to challenge and motivate those responsible … Continue reading

Sedulo proud to Stockport RUFC’s Great Balloon Race

The first event the Sedulo Community Project has dipped into the pocket for in 2015 is the Stockport RUFC under 10s Great Balloon Race. The annual event is taking place on 6th February and is designed to raise funds so … Continue reading

Real life examples of tax enquiries

During 2013 almost 700 prosecutions were secured against tax and benefits cheats. There were 690 successful convictions as against 477 in the previous year. With prison sentences totaling 355 years it is clear that HMRC are serious about tackling evasion. … Continue reading

Who is a key person within your business?

Identifying a key person within your business is as simple as highlighting anyone whose loss, either permanent or temporary, would affect the business’s ability to maintain turnover and generate profits. Key person policies are generally used for profit and replacement, … Continue reading

If you receive this email about your tax return, delete it

A very quick post today and a bit of a ‘heads-up’ for anyone who has (or has yet to!) submitted their tax return this month. If you receive the below email claiming your tax return has been incorrectly filled out, … Continue reading

How to structure a due diligence report

Our Corporate Finance team run through step-by-step exactly what you need to put into a due diligence report. Continue reading

The Seed Enterprise Investment Scheme (or SEIS)

What is SEIS relief? The Seed Enterprise Investment Scheme (or more often referred to as SEIS) is a tax incentive scheme initiated by the government in order to encourage lending to early stage businesses. This can be hugely beneficial for … Continue reading