Insights
Our tax and accountancy experts give their views on the latest news and events affecting business owners in the UK.
What's shown in my annual accounts?
Your annual accounts show your company's financial position at year end, including profit, assets, liabilities and equity. Here's what each section tells you.
How often should I review my finances with my accountant?
Regular financial reviews with your accountant help you stay in control, make confident decisions and keep your business on track toward your longer-term goals.
How does a company pension work?
A company pension allows your limited company to contribute into a director or employee’s pension scheme, usually with Corporation Tax relief and no National Insurance on employer contributions.
How to create a financial forecast for your business
A financial forecast helps you plan income, costs, tax and cash flow so you can make confident decisions and keep your business on track over the next 12 months.
Can I use my business to fund my pension?
Most UK business owners cannot rely on selling their business to fund retirement, so a pension plan needs its own strategy.
How to track your company’s financial health month to month
Tracking your company’s financial health month to month helps you stay profitable, spot risks early and make confident, data-driven decisions for your business.
What’s the difference between profit and cash flow?
Profit and cash flow show different sides of your business. Understanding both helps you make confident decisions and keep your finances stable.
What are management accounts?
Management accounts give you a real-time view of your profits, cash flow and performance, helping you make confident decisions month by month.