Being Chartered Certified Accountants based in Hull, a major UK shipping port and in close proximity to the River Humber, we are proud to serve the marine industry for all their accountancy needs.

Our client base varies from multi-million pound shipyards to individual tax returns for seafarers and our knowledgeable, approachable and friendly staff are fully equipped to deal with any accountancy needs that the marine industry has.

In addition, our very fair and competitive pricing means we can help with your accounts in an affordable and friendly manner.

Tax Services for Seafarers

If you work at sea, you may have questions about your tax obligations in the UK. This is a complex area where professional advice on Seafarers’ Earnings Deduction is essential.

In brief, If you’re an employee and work at sea, you may be able to reduce your tax bill by getting the Seafarers’ Earnings Deduction.

In order to qualify for the deduction you must have:

• worked on a ship
• worked away from the UK for a minimum of 365 days
• been a resident in the UK

You can’t get the deduction if you were:

• a Royal Navy sailor
• a non-UK resident
• not a resident of an EEA State (other than the UK)

If you had more than one job you can still get the deduction against your seafarer pay if you meet all the conditions.

Royal Fleet Auxiliary employees are eligible for this deduction if they meet all the conditions.

In order to claim the Seafarers’ Earnings Deduction, you must submit a self-assessment tax return for the appropriate tax year. We can help you calculate and submit your seafarer tax return from as little as £85+VAT.

Residency tax advice

For yacht crew captains or officers who spend a lot of time overseas, you may find yourself liable to pay tax in both the UK and abroad. We can ensure you only pay what you need to and to the right authority.

Marine Industry Year End Accounts

Due to the complex nature of marine industry accounts, we would highly recommend that you use a qualified, experienced accountancy practice to complete your year end accounts. We feel that with our experience, qualifications, current marine clients and very competitive pricing that we are well equipped to deal with your marine accountancy needs.

For more information, please give us at our Hull office on 01482447922 or use our instant quote calculator to estimate your year end accounts.