Harrison Seymour LLP Accountants

Harrison Seymour LLP Accountants Harrison Seymour is an accountancy firm based in Lincoln providing a wide range of services including bookkeeping, tax returns, company accounts, payroll.

Alert: Have you kept the right documents after your tax return is submitted? Keeping the correct records could make all ...
10/08/2026

Alert: Have you kept the right documents after your tax return is submitted? Keeping the correct records could make all the difference if HMRC comes knocking. Find out why your paperwork matters now and how long to keep it safely to avoid complications. Read on to stay ahead.

After submitting your self-assessment return it is important to keep your records used to prepare the return. HMRC may ask to check your return, so it is important to keep the supporting documents and information used to complete your tax return.

Alert: Mileage rates for work journeys have changed! Car and van rates jump to 55p per mile for the first 10,000 miles. ...
10/08/2026

Alert: Mileage rates for work journeys have changed! Car and van rates jump to 55p per mile for the first 10,000 miles. Curious how this affects you or a colleague? Find out why thousands could be missing out on tax-free relief and what to check with your employer. Read on to make sure you're claiming what's rightfully yours.

Employees who use their own vehicle for business journeys may receive Mileage Allowance Payments (MAPs) from their employer. These payments can be made tax-free up to HMRC’s approved amount, calculated by multiplying business miles travelled by the relevant rate per mile.

Alert: Getting money from family? You might not owe tax, but the rules could affect your loved ones' estate later. Curio...
07/08/2026

Alert: Getting money from family? You might not owe tax, but the rules could affect your loved ones' estate later. Curious about those exemptions? Read on to find out why this matters today.

Receiving money from a family member can be a welcome source of financial support, but many people are unsure whether they need to pay tax on it. In most cases, the person receiving a gift does not pay Income Tax on money given by family. However, the gift could have Inheritance Tax implications for...

Alert: Donating land, property, or shares to charity can unlock valuable tax breaks you might not know about. It's not j...
06/08/2026

Alert: Donating land, property, or shares to charity can unlock valuable tax breaks you might not know about. It's not just cash that counts! Find out why this matters and how to claim your relief properly. Read on to see what you need to keep for your records.

Most people are aware that cash donations to a charity can qualify for tax relief. However, it is less well known that gifts of land, property and qualifying shares can also provide valuable tax advantages.

Alert: Are you missing out on free government top-up for childcare? Many parents qualify for extra support with Tax-Free...
05/08/2026

Alert: Are you missing out on free government top-up for childcare? Many parents qualify for extra support with Tax-Free Childcare. Find out how to unlock up to £2,000 a year per child to ease rising costs. Don't let this slip by. Read on to see if you're eligible and how to claim your government boost.

With childcare costs continuing to rise, many working families could be missing out on valuable support through the Tax-Free Childcare scheme. The scheme helps eligible parents pay for registered childcare by providing a government top-up on their contributions. For every £8 paid into a childcare a...

Alert: Have you checked your State Pension forecast? It reveals how much you might get, when, and if your entitlement co...
05/08/2026

Alert: Have you checked your State Pension forecast? It reveals how much you might get, when, and if your entitlement could grow. Planning ahead is key – read on to see how to access your forecast and what it might mean for your retirement.

Your State Pension forecast can help you plan for retirement by showing how much State Pension you could be entitled to, when you can claim it and whether there are ways to increase your entitlement. 

Alert: Not all professional training costs can be claimed as business expenses! If your course builds skills you already...
04/08/2026

Alert: Not all professional training costs can be claimed as business expenses! If your course builds skills you already use, there's a chance to get tax relief. But starting fresh in a new business area? That won't qualify. Keep records and check if your course fits. Find out why this matters for your wallet and business, read on!

Keeping your skills and knowledge up to date is important but the cost of professional training can add up. If you are self-employed some training costs may be claimed as allowable business expenses.

Urgent for employers: Every payday, your Full Payment Submission must reach HMRC on time, covering all employees, even t...
04/08/2026

Urgent for employers: Every payday, your Full Payment Submission must reach HMRC on time, covering all employees, even those earning less than £96 weekly. Curious why timing is key and how early you can send it? Read on to avoid costly errors and keep your payroll on track.

A Full Payment Submission (FPS) is a payroll report that employers must send to HMRC every time they pay employees. Using payroll software, employers use an FPS to report payments made, deductions from pay and National Insurance information, ensuring HMRC has an up-to-date record of their payroll ob...

Are you sure the VAT scheme you are using is still the best option for your business? Small changes in turnover could me...
31/07/2026

Are you sure the VAT scheme you are using is still the best option for your business? Small changes in turnover could mean you're missing out on simpler VAT processes or better cash flow. Find out why reviewing your VAT setup could pay off today. Read on to see what might work better for you.

Small businesses have several VAT schemes available that can simplify VAT administration and may help with cash flow. However, as a business grows or its circumstances change, it is important to review whether the VAT scheme being used is still the best for your business. 

Alert: HMRC may be holding money that's rightfully yours! Overpaid tax, job expenses, pensions etc. Check if you can cla...
30/07/2026

Alert: HMRC may be holding money that's rightfully yours! Overpaid tax, job expenses, pensions etc. Check if you can claim a refund now. Find out why it matters and how to act today.

It is important to know if HMRC is holding money that belongs to you. For example, if you have paid too much tax to HMRC, you may be able to claim a tax refund (also known as a tax rebate). Overpayments can happen for a number of reasons, including changes in your employment, paying tax using the wr...

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Lincoln
LN63JZ

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+441522698329

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