For a lot of self-employed people, they know the struggles of filing their taxes at the end of the financial year. With so much information out there it is sometimes hard to understand how to calculate how much tax you owe as well as other aspects of the self-assessment process. Throughout this blog, we will guide you through the process allowing you to fully understand what you have to do and why. Thus removing any stress you may have over the process.
From April 2023 the main rate of Corporation Tax increased, rising from 19% to 25%. For any UK limited companies or Uk branches of foreign companies, you will be required to pay this tax on any corporate profits.
With these new corporation tax rates affecting UK businesses the team at Venton have looked into what these rates are, and what they will mean for businesses. 2023 is the year for change, with a new National Minimum Wage increase set to happen in April.
The National Minimum Wage is the minimum amount that employers are legally required to pay their employees, based on the employee's age. This amount is constantly in review and changes in April on years where an increase is deemed necessary. The ‘pay floor’ was created to protect low-paid workers without damaging the economy or jobs. New Year, New changes to VAT and Interest Charges.
VAT registered businesses can expect to see some changes this year as HMRC plans to double down on those who persistently miss their obligations with the addition of both penalty and interest charges to the system in 2023. In the UK, approximately 14.6 million people live with a disability, which makes it highly likely that someone with special accessibility needs will be attending your upcoming events. Venue accessibility is of extreme importance today and moving into the future, which is why you should always make sure there is access to your building that supports every one of your guests.
Finding the best venue to hold a corporate event for your business can be a difficult decision to make, with so many spaces available and requirements to think about. At Venton we have created a large, multi-use space that is perfect for hosting corporate events in the South West.
But why should you hold your next corporate event in Cornwall? Below we have listed five reasons why this beautiful coastal county is the perfect place for your next event. Hiring an accountant can be a big decision when you have a small business. Accountants can help to offer comprehensive accounts management, financial assistance and bookkeeping services, as well as helping you to stay on top of payroll.
Preparing to give a presentation can be nerve-wracking. Whilst you may be confident in your presentation subject, public speaking may not be something you are used to. Having an audience's attention on you may make you nervous, but at Venton we try to take the pressure off by providing expert advice, and state of the art presentation spaces.
We know that finding time to catch up with your business’s accounts can cause a lot of pressure for most small businesses, especially when you have a company to run at the same time. Whether you need help with processing sales and purchase invoices or evaluating your business's KPIs, the Venton bookkeeping team can step in and make life that bit easier.
There is a lot to think about when you are planning an event, but the catering is certainly up there as one of the most important things. We have listed some of the most popular options below to help you find the ideal corporate catering for your event.
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