News archive for August 2019 Marine Accounts October 26 Newsletter Introducing Cormorant Ocean Racing Read now 2 minute read Royal Fleet Auxiliary Now Qualify for Seafarer’s Earnings Deduction Royal Fleet Auxiliary Employees are now able to claim the Seafarer’s Earnings Deduction. In this article, we explore the changes in law and how they can claim 100% income tax exemption through HMRC. Patrick Maflin Patrick Maflin 12 Aug 2019 4 minute read Seafarers Earnings Deduction: HMRC's Best Kept Secret There is always a reason why you can't do something. This will article will hopefully explain how easy it is to prepare your information for filing a tax return. Patrick Maflin Patrick Maflin 11 Aug 2019 4 minute read A Cautionary Tale - The Neil Woodford Saga With Billions of pounds of investor capital now frozen inside Neil Woodford’s Equity Income Fund, in this article we examine the decision making process in managed funds such as this and whether you can really trust the motives and intentions of those you entrust with your hard earned cash. Patrick Maflin Patrick Maflin 09 Aug 2019 4 minute read How to Reduce Tax Liability When Declaring Income in Australia If you’re not able to relinquish your status as an Australian tax resident, it doesn’t all end there. In this article we examine what can be done to reduce your tax liability when declaring your income in Australia. Patrick Maflin Patrick Maflin 07 Aug 2019