Insights
Our tax and accountancy experts give their views on the latest news and events affecting business owners in the UK.
What’s Corporation Tax?
Corporation Tax is a tax on company profits in the UK, charged at 25% for most companies, with reliefs and thresholds depending on profit levels.
What’s a director’s loan and how should I use it?
A director’s loan records money moving between you and your limited company outside salary or dividends, and shows who owes who at any point in time.
What happens if I don’t plan for tax?
Without tax planning, business owners often face cash flow pressure, missed allowances and unexpected tax bills that limit confidence and long-term financial control.
What expenses can a business claim?
UK businesses can claim expenses that are incurred wholly and exclusively for business purposes, with eligibility depending on use, evidence and HMRC rules.
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.
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.