UK Income Tax Brackets Explained: How Much Tax You'll Pay at Each Salary Level 2025

Be prepared for changes to VAT penalties and VAT interest charges

Changes to charges and penalties applied to late submission of VAT returns will kick in from January next year. For the VAT period starting on or after 1 January 2023

Be prepared if you decide to adopt a working from home policy

There seems little doubt now that the working from home phenomenon has become established. With a laptop, a phone and an internet connection, many tasks can be perform

Become an eco-conscious business – Taking advantage of Climate Change Agreements

Taking advantage of green tax reliefs is a good way to reduce how much Climate Change Levy tax (CCL) your business pays.

Benefits Of Cloud Accounting? Here's What You Need To Know!

Discover the benefits of cloud accounting and gain valuable insights in this comprehensive blog!

Beware of exceeding your pension pot allowance

Thousands of people who put money into their pension each year are inadvertently failing to declare pension tax charges, according to HM Revenue & Customs (HMRC).

Beware of rising house prices increasing Inheritance Tax liability

While rising property values may seem like good news, as prices go through the roof it could land you with a hefty Inheritance Tax (IHT) bill. The latest data from HM

Beware of the HMRC scammers, but ignoring calls can be costly

There are many problems associated with the pandemic, apart from the obvious one of the illness caused by the virus itself. Conmen and scammers have taken advantage of

Big fall in businesses exporting to EU ‘caused by Brexit red tape’

The number of UK businesses exporting goods to the EU fell 33 per cent to 18,357 in 2021, from 27,321 in 2020, data from HMRC shows. Industry experts said the fall is

Bookkeeping as a Service: Your Business's New Best Friend

Tired of the hassle of bookkeeping? Let The Numbersmith take care of it for you! We offer affordable bookkeeping services that will save you time and money.