November 2015 Newsletter


Welcome to the latest newsletter from the Jan McDermott team

You may have seen us featured on the Wirral Chamber of Commerce website, announcing our 10th anniversary celebrations!

It's been an amazing 10 years for Birkenhead based Jan McDermott & Co Chartered Accountants, from a small start-up to an established business the team has the experience as well as the accountancy expertise to guide and develop businesses offering much more than simple accountancy services.

Jan McDermott started the business 10 years ago - What else happened in 2005?

  • Prince Charles and Camilla Parker
    Bowles were married
  • Google Maps was launched
  • YouTube was launched
  • Daniel Craig takes on the 007 role
  • Liverpool won the Champions League

Congratulations Amy!
A New Chartered Accountant At Jan McDermott & Co

Jan McDermott & Co is delighted to announce that Amy Wall has successfully completed all her exams and become a Chartered Accountant.

Having supported Amy through her qualifications the firm's Managing Director Jan McDermott says, "It gives me great pleasure to have Amy in the team as a Chartered Accountant. After the years of hard work and preparing for exams Amy can now settle into her new status without exams hanging over her. Our clients can be assured that they are getting the best advice due to the rigorous studies the chartered status demands." Amy joins Managing Director Jan and Director Rachel as the company's third Chartered Accountant.

We can help to find your
business additional funding

Jan McDermott and Co has been selected as a specialist funding advisor able to guide a business to find a suitable partner to help fund a company or project through funding schemes such as property finance,
asset finance or working capital.

There are dozens of different business finance products, and hundreds of providers. Our new unique and award-winning Finance Finder service quickly scans the market to find the options that best suit your needs.

The Finance Finder can be found on the Jan McDermott website here

Another Successful Exhibition!

Thank you to everyone who came along to see us at the LVBizExpo on 13th October. The event at the Crowne Plaza in Liverpool had a great turnout and we met a number of business owners with accountancy queries. It is the second year that we have taken an active part in this exhibition and we find it a great way to meet so many passionate business owners. We also networked with, and picked up some tips from, our fellow exhibitors so it was good to meet you too!

Read More Here

Innov8 Safety Solutions
Alan Robson
Managing Director

Earlier in the year, Alan Robson, founder of Innov8 Safety Solutions in Wirral, sold his business to Gateshead-based Lucion Environmental for an undisclosed sum.

Alan established his consultancy in 2007 when, as a start-up business, he also first became a client of Jan McDermott and Co Chartered Accountants.

Jan McDermott worked closely with the business to manage its growth and develop the business at
every financial stage as well as every business milestone working as the virtual Financial Director
for the company as well as also helping Alan with the recent sale of the company.


Understanding the Changes In Dividend Allowance

From April 2016 the Government will be replacing the Dividend Tax Credit with a new
tax-free Dividend Allowance.

This change in the dividend system will effectively mean that only Directors with significant dividend income will pay more tax. With regards lower earners, you won't pay tax on the first £5,000 of dividend income.

This change has positive and negative effects depending on your circumstance so we do advise you give the following document a good read:

Read the document Here.

If you have any questions or would like to run through it with us, don't hesitate to get in touch!

The Minimum Wage
And You

On 1st October 2015 the new National Minimum Wage rates came into force so it is vital that you plan and understand how this may effect your business.

The changes in legislation have made it slightly confusing for businesses on what rates to pay. If you are trying to work this out, don't hesitate to give us a call to talk it through. We also offer expert payroll services that will ensure that you always pay the right rates for your staff.

Why not connect with the Jan McDermott team on linkedIn?