by Venton | Mar 27, 2025 | Accounting, All, News
Chancellor Rachel Reeves has delivered her first Spring Budget, outlining the government’s financial plans for the year ahead. With updates on public spending, tax compliance, benefits, housing, business rates, and savings reforms, there’s a lot to take in. At Venton,... 
by Venton | Mar 10, 2025 | Accounting, All, Blogs
Understanding UK Tax Codes: What You Need to Know Tax codes play a crucial role in determining how much tax you pay on your income. They are issued by HMRC and applied by your employer or pension provider to calculate the right amount of tax to deduct. Understanding... 
by Venton Team | Dec 4, 2024 | Accounting, All
What is the 40% Tax Bracket? The 40% tax bracket refers to the rate of income tax that applies to earnings above a specific threshold in the United Kingdom, classified as the higher-rate tax band. For the 2024/25 tax year, this threshold begins at £50,271 and extends... 
by Venton Team | Nov 4, 2024 | Accounting, All, Blogs, Opinion
When determining whether a limited company should purchase a car, several key factors need to be considered, including your overall financial circumstances and whether the vehicle will be used for personal travel in addition to business purposes. One of the most... by Venton Team | Nov 1, 2024 | Accounting, All, News
The Autumn Budget 2024 has introduced a wave of changes across taxes, wages, business rates, and more. Aimed at supporting workers, adjusting business contributions, and ensuring fairer wealth distribution, this budget has something for everyone. From an increased... 
by Venton Team | Sep 16, 2024 | Accounting, All, Blogs
Although National Payroll Week has passed, the contribution payroll professionals make is something that deserves recognition throughout the year. At Venton, we understand just how crucial payroll is for keeping businesses running smoothly and ensuring employees are...