Whether you are starting out or well established, we can guide and plan your growth alongside VAT responsibilities.
Scottish Budget 2026
The Scottish Government's Finance Secretary, Shona Robison, set out her Government's tax and spending plans for the 2026/27 financial year. The Scottish Parliament has control over Scottish rates of Income Tax on certain types of income. It also controls spending on...
Companies House Identity Verification
From 18 November 2025, all company directors and Persons with Significant Control (PSCs) will need to verify their identities with Companies House before they can complete their annual Confirmation Statement filings. Talking Numbers can carry out this verification for...
What are the different rates of VAT?
VAT is a complex tax, and there are multiple rates of VAT, some of which result in you charging the same amount to a customer. There are some obvious and some subtle differences that you need to know. Standard rate (20%) The standard rate of VAT in the UK is 20%. This...
Mortgage interest relief
Since 2016, landlords haven’t been able to deduct mortgage interest when calculating their taxable profits from property letting. Instead, landlords can claim a basic rate tax credit to reduce the tax payable. But what’s the difference? The basic rate of income tax is...
What is marginal relief?
Companies pay corporation tax on their profits, but there are at least 2 rates of corporation tax. It can be confusing to work out which rate to use. Main rate and small profits rate The main rate of corporation tax is 25%. Companies pay tax on their profits and...
What is Making Tax Digital?
Making Tax Digital (MTD) is a Government initiative to digitise the tax system and to make reporting easier and more efficient. It requires business owners to keep digital records and submit returns to HMRC using software. For now, MTD for income tax will only apply...
Important Changes for Employers
The changes to employers’ National Insurance announced in the 2024 Budget come into effect from 6 April 2025. From this date, the rate of employers’ NI will increase from 13.8% to 15%, and the threshold that employers will start paying the tax at will decrease from...
Double-cab pickups – Changes from April 2025
The Government announced in the UK Budget that the tax treatment of so-called “double-cab” pickups will be changing from April. Previously, these vehicles were treated as vans for tax purposes, meaning that there were generally greater tax reliefs available on them....
The Scottish Budget 2025/26
The Scottish Finance Secretary, Shona Robison, unveiled her Government’s tax and spending plans for 2025-26 on 4 December. We’ve set out some of the key tax points from the statement below. Income tax The Scottish Government has the power to set the rates and bands of...
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