Author Archives: kelsallsteele

Autumn Budget 2017

Highlights

  • No Stamp Duty for first time buyers on homes costing < £300,000
  • Support for more housebuilding
  • Increases to the personal allowance and basic rate band
  • VAT limits frozen for 2 years
  • Support for businesses to cope with business rates revaluation
  • Improvements to R&D tax credits regimes

Autumn Budget 2017

The Chancellor’s Autumn Budget contained some significant announcements and confirmed a number of changes. Our summary provides an overview of the key taxation, business and financial measures announced in the Autumn Budget which could affect you and your business.

You can download our 2017 Autumn Budget Summary for free via the link below. We also have a handy 2017/18 Tax & Rates card which you can also download for free.

For advice on any of the topics covered within the Budget, and how they may have an impact on your business or personal finances, please do not hesitate to contact us on 01872 271655 or via email at enquiries@kelsallsteele.co.uk.

We supply far more than just the traditional tax and compliance services, and can advise on a comprehensive range of strategies designed to maximise your profitability, improve your personal wealth and minimise your tax liabilities.

Spring Budget 2017

Highlights

  • Increases to the Class 4 National Insurance rates
  • Reduction in the dividend allowance
  • Personal allowance  to increase as planned
  • New NS&I investment bond available from April 2017
  • Corporation Tax to fall to 19% from April 2017
  • ISA Allowance to rise to £20,000

Spring Budget 2017

The Chancellor’s Spring Budget contained some significant announcements and confirmed a number of changes. Our summary provides an overview of the key taxation, business and financial measures announced in the Spring Budget which could affect you and your business.

You can download our 2017 Spring Budget Summary for free via the link below. We also have a handy 2017/18 Tax & Rates card which you can also download for free.

For advice on any of the topics covered within the Budget, and how they may have an impact on your business or personal finances, please do not hesitate to contact us on 01872 271655 or via email at enquiries@kelsallsteele.co.uk.

We supply far more than just the traditional tax and compliance services, and can advise on a comprehensive range of strategies designed to maximise your profitability, improve your personal wealth and minimise your tax liabilities.

International Women’s Day

March 8th signals International Women’s Day, a day that has promoted equal rights and women’s suffrage for more than a hundred years.  It is clear that the gender divide has lessened significantly in the UK in recent years.

Clare Vaughan FCCA ACA was the first female director appointed to Kelsall Steele Ltd in 2011 and is proud to be a director of one of the largest independent accountancy practices in Cornwall.

Clare heads up the firm’s Corporate Department and her main focus is on client relationships, business development, company profit extraction, due diligence exercises, audit and charity specialisms.

“I see myself first and foremost as a business development accountant but am also very aware I am a female director in a profession that has historically been male driven. I am keen to push all of our staff forward with equal opportunities to grow themselves and their role within Kelsall Steele”.

Kelsall Steele Ltd is proud to have women in senior positions, including Cara Dale: business director; Lisa Middleton: payroll manager; and Michelle Dash: business services manager; all of whom are highly valued members of the firm and part of its long-term future.

You can find out more about the International Women’s Day campaign at the official website #BeBoldForChange

Autumn Statement 2016

Highlights

  • Reduction in corporation tax confirmed
  • New £23bn National Productivity Investment Fund
  • Personal allowance to increase as planned
  • National Living Wage and National Minimum Wage to increase
  • Increase in insurance premium tax
  • Fuel duty frozen again

Autumn Statement 2016

The Chancellor’s Autumn Statement 2016 contained some significant announcements and confirmed a number of changes. Our summary provides an overview of the key taxation, business and financial measures announced in the Autumn Statement which could affect you and your business.

You can download our Autumn Statement 2016 Summary for free via the link below:

For advice on any of the topics covered within the Autumn Statement, and how they may have an impact on your business or personal finances, please do not hesitate to contact us on 01872 271655 or via email at enquiries@kelsallsteele.co.uk.

We supply far more than just the traditional tax and compliance services, and can advise on a comprehensive range of strategies designed to maximise your profitability, improve your personal wealth and minimise your tax liabilities.

Probate

Kelsall Steele Ltd is now licensed to carry out non-contentious probate work.

Malcolm Peters is the authorised individual within the firm, which can now administer an individual’s Estate fully, or provide assistance as and when necessary to support the Executors or Personal Representatives.

Malcolm comments: “We have many longstanding clients where we have acted for several years, and have an excellent knowledge and understanding of the individual’s and the family affairs. We feel that being able to offer this service is a logical extension of the services we currently offer in terms of Inheritance Tax and Capital Gains Tax planning.

Our Directors and staff have built strong relationships with our clients and we are able to deal with them with the necessary degree of sympathy at a time when this is required

We are equally happy to deal with new appointments where people would like a sympathetic ear, whilst also being able to provide a professional and efficient service at what is a difficult time”.

For further information on the probate services offered by Kelsall Steele, please see our dedicated Probate and Estate Administration page Alternatively call the office on 01872 271655 or email Malcolm Peters directly on malcolm.peteres@kelsallsteele.co.uk

Cornwall Business Fair 2016

The Cornwall Business Fair 2016 took place on Wednesday 11th May 2016 at the Eden ProjectKelsall Steele were in attendance with a prominent stand, this year consisting of darts, Kelsall Steele piggy banks, Kelsall Steele goody bags and champagne raffles!

The Cornwall Business Fair is organised by the Cornwall Chamber of Commerce in Partnership with The Eden Project, Business Cornwall Magazine and Pirate FM.

This year we were also collecting money for our charity of the year, the Motor Neurone Disease Association

Pirate 2 Radio Interview 2016

Malcolm Peters and Lydia Williams recently give an interview on Pirate FM’s Pirate 2 radio station.

Malcolm and Lydia discussed a number of topics including the upcoming Cornwall Business Fair, being held at the Eden Project, which Kelsall Steele will be attending, Kelsall Steele’s 70th Anniversary this year and plans to mark the occasion, as well as our recent fundraising achievements for Macmillan’s Cove Appeal and our Charity for 2016 MNDA!

If you missed the interview you can listen below.

Budget 2016

Highlights

  • Income tax personal allowance to rise to £11,500 for 2017/18
  • Introduction of a Lifetime ISA for under 40’s
  • Abolition of Class 2 NI
  • Reforms to corporate tax losses
  • Reduction in the Corporation Tax rate
  • Changes to Entrepreneurs’ relief

Budget 2016 Summary

The Chancellor’s 2016 Budget contained some important announcements and confirmed a number of changes planned for the new tax year. Following this, we have put together a Budget Summary PDF which contains the latest tax and financial information, which we trust you will find useful.

There is also a handy Tax Data Card for 2016/17, giving details of all the allowances and limits you’ll need to know. You can download both the PDFs for free via the links below:

Our summary goes into more detail on all of the points raised in the budget, aimed to give you a clearer picture of the announcements and how the changes will affect you and your business. however, as always, if there is anything you would like to discuss, please do not hesitate to contact us on 01872 271655 or via email at enquiries@kelsallsteele.co.uk

MNDA: Storm Force 10

Our first fundraising enterprise of 2016 was to enter a 5 person team into Storm Force 10 on 24 January 2016, a 10 mile road race starting from Camborne Science & International Academy, taking a rural undulating route around the country lanes to Leedstown and back . The KS team consisted of Lisa, Tiffany, James, Joe and Bernard. While they were not looking to win any medals, finishing and raising some funds for MNDA Cornwall was the aim and they did just that!

All 5 completed the race in very respectable times, and most importantly helped to raise a massive amount towards our charity for the year! Thanks to donations from both staff and clients we raised in excess of £1,000!!

Kelsall Steele Storm Force 10 Runners

Joe, James, Tiffany, Lisa and Bernard ready to run.

Kelsall Steele Storm Force 10 team

Bernard, Lisa, Tiffany, James and Joe after their run.

 

Richard Lenihan – Responsible Individual

Responsible Individual

We are pleased to announce that our Corporate manager Richard Lenihan has been appointed as a “Responsible Individual” by the Institute of Chartered Accountants England and Wales. This appointment follows Richard’s extensive audit experience gained over a number of years working on small to medium companies and groups, charities, solicitors and both academy and independent schools.

This appointment will complement Richard’s Corporate Manager role within the firm and his specialism in audit, it will also allow him to act as support for the other Responsible Individuals in the firm, Bernard Pooley and Clare Vaughan, in signing off audit reports.

Autumn Statement 2015

Highlights

  • Doubling of Small Business Rate Relief extended for a further year
  • 3% Stamp duty surcharge for buy-to-let properties and 2nd homes
  • Previously announced Tax Credit Cuts scrapped
  • Apprentice Levy to be set at 0.5% of employer’s wage bill
  • Powers for local governments to set business rates
  • Record level of spending on new houses

Autumn Statement 2015

The Chancellor’s Autumn Statement 2015 contained some important announcements and confirmed a number of changes. Following this, we have put together an Autumn Statement 2015 Summary PDF which contains the latest tax and financial information, which we trust you will find useful.

You can download the Autumn Statement 2015 PDF for free via the link below:

Kelsall Steele - Autumn Statement 2015

Our summary goes into more detail on all of the points raised in the statement, aimed to give you a clearer picture of the announcements and how the changes will affect you and your business. however, as always, if there is anything you would like to discuss, please do not hesitate to contact us on 01872 271655 or via email at enquiries@kelsallsteele.co.uk

Summer Budget 2015

Highlights

  • Income tax personal allowance to rise to £11,000 in April 2016
  • New National Living Wage from April 2016
  • Future cut in Corporation tax to 18%
  • Annual Investment Allowance set to £200,000 from Jan 2016
  • Permanent non-dom status abolished from April 2017
  • Employment Allowance increased to £3,000 from April 2016
  • Pension tax relief annual allowance to be reduced from next year

Summer Budget 2015 Summary

The Chancellor’s Summer Budget 2015 contained some important announcements and confirmed a number of changes planned for the new tax year. Following this, we have put together a Budget Summary PDF which contains the latest tax and financial information, which we trust you will find useful.

There is also a handy Tax Data Card for 2015/16, giving details of all the allowances and limits you’ll need to know. You can download both the PDFs for free via the links below:

Summer Budget 2015

Our summary goes into more detail on all of the points raised in the budget, aimed to give you a clearer picture of the announcements and how the changes will affect you and your business. however, as always, if there is anything you would like to discuss, please do not hesitate to contact us on 01872 271655 or via email at enquiries@kelsallsteele.co.uk

Pirate 2 Interview

Clare Vaughan and Lydia Williams recently gave an interview on Pirate FM‘s sister station Pirate 2 (which is available online or via DAB).

Clare and Lydia talked about Kelsall Steele‘s history and what we offer as a company, our recent stand at the Cornwall Business Fair and our fundraising for the Macmillan Cancer Support Cove Appeal.

You can listen to the full interview via the link below

Tammy’s Half Marathon

Recently, one of our staff members, Tamsin Tann completed the Adidas Silverstone Half Marathon in aid of the Huntington’s Disease Association. Tammy’s initial fundraising target was £1,000, however with generous donations from family, friends and work colleagues she raised more than double that amount with the total currently standing at £2,040!

Tammy chose to raise money for the Huntingtons Disease Association as it’s a condition that has affected many members of her family, both directly and indirectly, including Tammy herself. Through her achievement in completing this half marathon Tammy hopes to raise not just money towards the charity, but also awareness of the disease.

Even though Tammy has now completed the half marathon, you can still donate via her personal JustGiving Page.

Tammy all ready to set off on her run.   ... and after successfully completing the 13 miles!

Huntingtons Disease is a degenerative disorder which affects the central nervous system and is caused by a faulty gene on chromosome 4. There is a 50:50 chance of inheriting the illness from a parent who has tested positive for HD and anyone that inherits the faulty gene will, at some stage, develop the disease.

There is currently no cure for Huntington’s Disease but there are special diets to prevent weight loss, as well as speech therapy and drugs to help with symptoms. Money raised towards the Huntington’s Disease Association will help towards research into finding a cure.

Cornwall Business Fair 2015

The Cornwall Business Fair 2015 took place on Wednesday 13th May 2015 at the Eden ProjectKelsall Steele were once again in attendance with a prominent stand consisting of Hook-a-duck, Kelsall Steele piggy banks and a token voting question system.

The Cornwall Business Fair is organised by the Cornwall Chamber of Commerce in Partnership with The Eden Project, Business Cornwall Magazine and Pirate FM.

Kelsall Steele were exhibitors for the first time at last years Business Fair, which was a huge success however this year was even bigger. The Cornwall Business Fair brings businesses together from around the county, providing opportunities for them to meet, trade, talk, and share knowledge.

Above are a number of pictures from this years event.

Clare Vaughan said of this years event: “Our stand was very well visited and we really enjoyed meeting everyone who stopped by – whether it was to talk about business ideas or just for a go on our very popular hook-a-duck! 

During the day we were also collecting money for our nominated charity, The Macmillan Cove Appeal; thanks to all who donated.”

The Cornwall Business Fair is growing year on year, both in terms of visitors and exhibitors, so you can certainly expect Kelsall Steele to be part of the event next year in 2016.

Clare’s Charity Swim

Kelsall Steele Director Clare Vaughan is taking to the water again, following her successful  Swimathon for Sports Relief last year.

Last March Clare completed 100 lengths, which is 2.5Km, and thanks to many generous donations raised over £900 for Sports relief  this April she is hoping to achieve the same in aid of Marie Curie.

Clare will undertake the swim on Saturday 18th April.

Update – Swim Successfully Completed!

The day came and Clare successfully completed 100 lengths of the pool, well done Clare and thanks to everyone who pledged money in sponsorship. So far Clare has raised £655, however if you’d still like to make a donation and support Marie Curie you can donate to Clare via her Swimathon page

Here are a few action shots!

 

Clare said of the challenge “I am challenging myself to 100 lengths after having part of my bowel removed in October 2014 due to my Crohns Disease. I managed 100 lengths last year for Sport Relief and I hope I can get back to fitness.

I’m raising funds for Marie Curie to help them to provide care to over 40,000 people living with terminal illnesses across the UK.”

Once again, if you would like to support Clare in her efforts to raise money for such a great cause you can do so via her Swimathon Page

Budget 2015

Highlights

  • Income tax personal allowance to rise to £11,000 by 2017
  • Pension lifetime allowance to fall to £1m from April 2016
  • New Personal Savings Allowance from April 2016
  • New Help to Buy: ISA for first time buyers
  • Rules on annuities to be relaxed from April 2016
  • Digital tax accounts to replace annual tax returns

Budget 2015 Summary

The Chancellor’s 2015 Budget contained some important announcements and confirmed a number of changes planned for the new tax year. Following this, we have put together a Budget Summary PDF which contains the latest tax and financial information, which we trust you will find useful.

There is also a handy Tax Data Card for 2015/16, giving details of all the allowances and limits you’ll need to know. You can download both the PDFs for free via the links below:

Our summary goes into more detail on all of the points raised in the budget, aimed to give you a clearer picture of the announcements and how the changes will affect you and your business. however, as always, if there is anything you would like to discuss, please do not hesitate to contact us on 01872 271655 or via email at enquiries@kelsallsteele.co.uk

Macmillan: The Cove Cancer Support Centre

Each year, here at Kelsall Steele, we choose a charity to support throughout the year. This year we have chosen to support ‘Macmillan Cancer Support’ in their fundraising efforts toward a new cancer support centre for Cornwall, called ‘The Cove’. The centre is set to cost approx. £2.8million, and Macmillan are hoping to raise £1million towards the centre over the course of the year.

One of the initiatives at Macmillan for this year is to enrol local businesses as ‘Business Champions’ – the idea being that each participating business makes a pledge to raise £1,000 over the course of the year. If Macmillan are able to secure the support of 100 local businesses, they hope to raise £100,000 – which would be a tenth of their £1million target!

What are we doing?

One of our fundraising ideas, which we run throughout the year, is dress down Friday for which everyone taking part donates £1. If we are able to raise just £20 in donations per week, over the course of the year we would easily hit the £1,000 target, so we’re very confident that we should be able to hit our £1,000 target.

However, we do hope to raise a lot more than the £1,000 target, so here in the offices we will be taking part in some fun and exciting activities and competitions to raise more money, so look out for details on our website throughout the year!

Donations

If you’d like to get involved and make a donation towards The Cove there are a few ways you can do so. If you’re in the area, we have a collection box on reception as well as some badges you can purchase to show your support. Alternatively you can TextCOVE50 £5′ to 70070 to donate £5 or if you prefer you can donate online

If you’re a local business and would like to become a Cove Business Champion yourself, you can find out more information on The Cove website, just fill out the form, make your pledge to raise £1,000 and get started raising money!

If you’d like more information on Macmillan or The Cove Cancer Support Centre you can see their websites, there is also a brochure in our reception with further details on The Cove centre.

New faces

A new year often brings with it a lot of changes, and as we enter into 2015, we are very pleased to welcome two new faces to Kelsall Steele and the Corporate team.

Sharni Elliott

Sharni Elliott

Firstly, Sharni Elliott who started work with us just before Christmas, joins us as a Corporate Trainee. Sharni is part AAT qualified and will continue her training as part of her role with Kelsall Steele.

 

 

 

 

 

Jackie Treloar

Jackie Treloar

Jackie Treloar joined us at the beginning of 2015 as a Corporate Senior. Jackie is level 4 AAT qualified and brings with her a ton of experience from her previous roles in the leisure/hospitality industry having run a local nightclub and busy pub.

When not in the office crunching numbers, in her leisure time Jackie enjoys horse riding, sports, walking the dog and relaxing with a glass of wine.

Interview and Assessment Days

ALL SLOTS FOR THE ASSESSMENT DAYS ARE NOW FILLED. THANKS FOR YOUR INTEREST.

We will be holding interview and assessment days for the position of ACCA trainee on 16th and 18th December 2014. If a career in accountancy is something that interests you then this could be the opportunity you’ve been looking for.

Our ACCA trainee position offers you the chance to work towards your ACCA qualification while gaining valuable knowledge and experience within a trainee role in a practice environment. Provided you have either a degree or are AAT qualified we would love to hear from you!

You can register your interest by sending in your CV and covering letter to Cara Dale either via email to cara.dale@kelsallsteele.co.uk or by post to: Kelsall Steele Ltd, Woodland Court, Truro Business Park, Truro, Cornwall, TR4 9NH