
Cash flow versus profit – Which matters more to an SME?
While profit can be seen as the main indicator of business health, the importance of cash flow is often overlooked.

While profit can be seen as the main indicator of business health, the importance of cash flow is often overlooked.

With Keir Starmer announcing his resignation as Prime Minister, there has been much speculation about what this means for the future of UK politics.

Late payments are draining £11 billion a year from the UK economy, according to new research from online accounting platform Sage.

Recession is one of those words that tends to stop business owners in their tracks and right now, it is being mentioned more and more in the press and conversations with clients.

Just days ahead of the initial phase of Making Tax Digital for Income Tax, HMRC has confirmed the exit options for sole traders and landlords who fall below the annual qualifying income threshold.

With the Autumn Budget looming ominously on the horizon, Rachel Reeves seems keen to build some goodwill with businesses ahead of some likely tax hikes.

The UK’s economic picture remains uncertain ahead of the Autumn Budget and with the economy growing at a very slow pace, investors and taxpayers are feeling the pinch with a record number set to face a Dividend Tax bill.

Anyone even tangentially involved in UK economics will have noticed that the future is not looking bright.

More often than not, football clubs are seen as a billionaire’s plaything, where lavish amounts of money are spent at the drop of a hat on somebody to kick a ball about.

This week’s Spring Statement brought two announcements that will matter to anyone running their own business or earning income from property.