Directors can pay themselves through salary, dividends or a mix of both. The right approach depends on profit, affordability and tax rules that govern legal company withdrawals.

Profit and cash flow show different sides of your business. Understanding both helps you make confident decisions and keep your finances stable.

A profit and loss report shows your income, costs and profit over a set period so you can understand how your business is performing.

Management accounts give you a real-time view of your profits, cash flow and performance, helping you make confident decisions month by month.

The Bottom Line: Your costs are going up, and there's less tax relief to help soften the blow. But we’re here to help.

The good, the bad and the surprising. We explain how the Autumn Budget impacts your personal and business finances.

The government has announced that two popular business investment incentives, offering a number of tax breaks, have been extended.

Simplify your payments: Why fumopay could be a game changer for sole traders and SMEs

Which is right for you will depend on your business goals and personal circumstances. Our aim with this article is to help you understand the differences and help you to make an informed choice.

The installation of some specified ESMs in residential accommodation is now zero rated for VAT, a change that took effect on 1 February 2024.