Industry news

...and Team Penn updates

Welcome, here is a collection of blog articles on accountancy, business and bookkeeping. Please contact us if you have any questions or need help with your own unique situation.

Irina Inayat

Dec 11, 20241 min read

Penn Accounts at Your Service

For businesses big or small, it’s true, Penn Accounts is here for you!

How the Economic Crime and Corporate Transparency Act Will Impact SMEs

Irina Inayat

Sep 5, 20242 min read

How the Economic Crime and Corporate Transparency Act Will Impact SMEs

The first set of changes under the Economic Crime and Corporate Transparency Act were introduced on 4 March 2024, and it is set to bring...

A Comprehensive Guide to UK Dividend Tax for 2024/25

Irina Inayat

Apr 22, 20244 min read

A Comprehensive Guide to UK Dividend Tax for 2024/25

Whether you're just starting out or making changes, dividends are likely on your radar, but you might not fully grasp what they are or...

Measuring Business Health: 11 Metrics for Directors

Irina Inayat

Feb 10, 20243 min read

Measuring Business Health: 11 Metrics for Directors

Business success is not just about intuition; it is about informed decision making. These 11 key metrics help directors and CEOs assess...

Unlocking business success: outsourcing accountancy services

Irina Inayat

Feb 10, 20242 min read

Unlocking business success: outsourcing accountancy services

One strategic approach that has gained popularity is outsourcing, and when it comes to financial management, outsourcing accountancy...

Irina Inayat

Feb 10, 20241 min read

Accountancy made simple: Penn Accounts

Penn Accounts are a specialist accountants catering to small and mid-sized businesses, enabling you to focus on your core business, your str

The new ‘side hustle tax’ for online traders on eBay, Vinted, Airbnb and more

Irina Inayat

Jan 3, 20241 min read

The new ‘side hustle tax’ for online traders on eBay, Vinted, Airbnb and more

According to the HMRC guidelines published on 05.01.2023, if you regularly sell goods or services through an online marketplace you...