Insights
Our tax and accountancy experts give their views on the latest news and events affecting business owners in the UK.
Topic
- All tax
- Benefits
- Business assets
- Company directors
- Corporation tax
- Crypto
- Dividends
- Employees
- Green initiatives
- HMRC
- Income tax
- Investments
- Making Tax Digital
- National Insurance
- PAYE
- Parents
- Payment processing
- Pensions
- Profitability
- Retirement
- SMEs
- Self employed
- Sole traders
- Start ups
- Technology
- VAT
- VC
Should I take dividends or salary, or both?
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.
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’s included in my P&L?
A profit and loss report shows your income, costs and profit over a set period so you can understand how your business is performing.
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.