Posts by Lucy Johnson

Why VAT Is Causing Cash Flow Problems and How to Fix It

If you’ve ever opened your VAT bill and wondered where the money has gone, you’re not alone. VAT is one of the biggest reasons small[…]

Is Your Business Actually Profitable? Here's How to Tell

Is Your Business Actually Profitable? Here’s How to Tell

Many business owners look at their bank balance and assume everything is going well. If there’s money in the account, the business must be profitable,[…]

How Much Should a Limited Company Put Aside for Tax?

How Much Should a Limited Company Put Aside for Tax?

If you run a limited company, one of the biggest mistakes you can make is spending money that actually belongs to HMRC. Your business bank[…]

Why Is My First Self Assessment Tax Bill So High?

Why Is My First Self Assessment Tax Bill So High?

If you’ve just received your first Self Assessment tax bill and nearly fell off your chair, you’re definitely not alone. Every year, thousands of UK[…]

Can Your Business Afford to Hire Someone?

Hiring your first employee is a big milestone. It usually means your business is growing, your workload is increasing, and you need extra support. But[…]

Can I Claim Equipment Bought Before I Started My Business?

Starting a business often means buying equipment before you officially begin trading. You might have bought a laptop, tools, a camera, or office furniture while[…]

4 bookkeeping mistakes that make tax season a nightmare

Tax season bookkeeping can feel stressful enough without missing receipts, mystery payments and last-minute panic making everything harder. The good news? Most tax season headaches[…]

Outgrown your accountant

Outgrown Your Accountant? 7 Warning Signs for Limited Companies

Starting a limited company is exciting, and finding an accountant who helps you through those early days can make all the difference. But as your[…]

How Much Corporation Tax Will My Limited Company Pay?

If you’ve started a limited company, one of the first questions you’ll probably ask is, how much Corporation Tax will my limited company pay? The[…]

Tax-Saving Tips for Small Businesses

Tax-Saving Tips for Small Businesses: 8 Ways Your Limited Company Can Keep More of Its Profits

Running a limited company comes with plenty of opportunities to save tax, but many business owners miss out simply because they do not know what[…]

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