News archive for August 2025 Marine Accounts October 26 Newsletter Introducing Cormorant Ocean Racing Read now 3 minute read Starting a Limited Company - What Nobody Tells You Bringing home a new baby comes with excitement—and a mountain of unknowns. Starting your own limited company is no different. It’s a milestone moment that can feel overwhelming without guidance. There’s no instruction manual, but the decisions you make in the early days matter. Here are some practical, often overlooked tips to help you get started the right way. Here are our Top Ten Starter Tips... Patrick Maflin Patrick Maflin 19 Aug 2025 3 minute read How HMRC Treats Sick Pay for Seafarers: What Counts as Taxable? For seafarers, periods of illness or injury can raise challenging tax questions. Especially when insurance payouts or employer funded support are involved. Not all income received during medical leave is treated the same by HMRC. Some payments may be tax free, while others are taxed as regular employment income. The deciding factor usually comes down to how the illness arose and who paid the benefit. Patrick Maflin Patrick Maflin 04 Aug 2025 5 minute read How to Become a Nurse on a Superyacht Dream of nursing at sea? Discover how to become a yacht nurse and combine your medical career with global travel, luxury living, and potential tax-free earnings. Learn what the job involves, how much you can earn, and how to get started. Patrick Maflin Patrick Maflin 01 Aug 2025