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... 
by Venton Team | Jul 24, 2024 | Accounting, All
When setting up your business, you’ll need to choose the best bank account to match your requirements. As well as navigating interest rates and monthly account fees, you’ll also want to look at any deals and subscriptions that each account may offer as a bonus. If... by Venton Team | Jun 26, 2024 | All
Are you considering starting your own business or reevaluating your current structure? The choice between operating as a sole trader or forming a limited company is a pivotal one with far-reaching implications. In this guide, we’ll delve into the distinctions...