What are the risks with directors’ loans?

How to Reconcile in Xero: A Comprehensive Guide for Small Businesses

At The Numbersmith, we understand that bank reconciliation is crucial for small businesses. As Xero-certified advisors, we're often asked, "How do you reconcile in Xer

What Are 4 Types of Ecommerce Accounting?

‘New deal’ for tenants to be delivered in Renters Reform Bill

The ‘biggest change to rent law in a generation’ will be delivered with the Renters Reform Bill (the Bill). The Government says it says it will improve the lives of

‘Umbrella’ contracts firm loses £11m tribunal case against HMRC

A company has lost an £11 million dispute with the taxman over whether contract construction workers were entitled to claim travel costs tax-free. As many as 600,000

“Act now” to keep your business moving overseas

The UK Government has urged businesses to “act now” to keep their business moving overseas in 2021. To help the Government has outlined “six key actions” businesses

“Covid Secure” practical workplace guidance for employers

The Covid Secure guidance published by the Department for Business, Energy & Industrial Strategy (DBEIS), covers workplaces that can re-open this week, as well as some

£1.1m training fund gives helping hand to UK exporters

British exporters are being offered a helping hand with a training and consultancy package to help them boost their businesses. They are being given access to a £1.1 m

£2,000 grants for Brexit-related training or professional advice announced

The Government has announced the launch of a £20 million SME Brexit Support Fund, intended to help SMEs with the new rules that apply to trading with the EU following

£56 million overpaid in pension tax

In the second quarter of 2023, overpayments on pension tax in the UK reached £56 million. This was an increase of nearly £8 million from the first quarter of the year,