Mind the (tax) gap – Why HMRC may have SMEs in its sights

Your Accounting Calendar For 2023

This article will help you stay organised and ahead of your finances all year with a helpful accounting calendar.

Income tax thresholds freeze – What it means for you

You could see your Income Tax bill increase significantly in 2022-23 because of a freeze on Income Tax thresholds announced by the Chancellor at the Autumn Statement.

What is the ultimate goal of your business?

Planning for the future is essential when running a business and you should have a perspective of where you want to be in three to five years. Goals or targets provide

R&D relief slashed – Time to plan

Chancellor Jeremy Hunt has announced a series of changes to the UK research and development (R&D) tax credit regime, including a cut to the deduction and credit rates

Companies House goes fully digital

Companies House has gone fully digital after the announcement of the closure of its office in London and all filing being transferred online. It has also permanently

Be prepared for changes to Capital Gains Tax thresholds

The exemption for paying Capital Gains Tax (CGT) is changing. The CGT annual exemption will fall from £12,300 to £6,000 from April 2023, before being cut in half again

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.

How to fill out your self-assessment tax return

Every year, thousands of people struggle with their tax returns. If you want to teach yourself how to do it right the first time around, here's a step by step guide

Autumn Statement 2022

The message from the Chancellor, Jeremy Hunt, in the days before he rose to the despatch box in the House of Commons to deliver the Autumn Statement was clear