Sole Trader vs Limited Company: Which Is Better?

Should you buy a double cab pickup before April?

If you are a sole trader or small business owner using a double cab pickup (DCPU) for your work, now is the time to consider your options.

What is the most tax-efficient salary choice for you after the Budget?

Directors have the ability to draw income from a business in several ways, including through the extraction of profits from the business, which can create significant

I am unable to pay my Income Tax bill – What can I do?

Sometimes, paying your tax bill on time can be difficult when costs are high.

Are you claiming the right office-based expenses?

Claiming allowable expenses when calculating taxable profit as a self-employed business owner is an important step in preparing your tax return.

Employee Ownership Trusts – Your key to a tax-efficient exit?

If you are looking to plan your exit from your business, whether for retirement or to start your next venture, we know you want to achieve this as tax-efficiently as p

Understanding Payroll Numbers: Everything You Need to Know

As leading UK-based accounting experts at The Numbersmith, we understand that managing payroll can be complex, especially when it comes to handling employee data and e

QuickBooks Payroll: A Complete Guide for Small Business Owners

As chartered accountants and Platinum QuickBooks partners at The Numbersmith, we've guided countless small business owners through the complexities of payroll manageme

Businesses left to pick up the tab for Employment Rights Bill

The Government estimates that new obligations placed on employers under the Employment Rights Bill could result in substantial compliance costs

Autumn Budget delivers Inheritance Tax blow to pension savers

In this year’s Autumn Budget, Chancellor Rachel Reeves announced that the majority of unspent pension funds will form part of an estate from April 2027.