Looking for clear, practical advice on managing your business or personal finances? You’re in the right place. SV&Co’s blog is your trusted source for expert tips, tax updates, and financial strategies tailored for individuals and small businesses across London and the UK.
Receiving a letter from HMRC about a tax investigation can be stressful for any business owner. Many businesses worry that an HMRC enquiry automatically means they have done something wrong. In reality, HMRC compliance checks can happen for many reasons, including: Businesses with organised records and strong accounting systems are usually in a much better…
Cash flow is one of the most important parts of running a successful business. Many businesses fail not because they are unprofitable, but because they run out of cash. Even businesses with strong sales can experience financial pressure if money is not managed properly. Cash flow problems often create: In 2026, rising operating costs, higher…
Many small businesses only review their financial information once a year when preparing statutory accounts or tax returns. This approach may work for very small businesses in the early stages, but growing businesses usually need far more regular financial visibility. Monthly management accounts help business owners understand: Businesses that review financial performance regularly are generally…
Many business owners focus heavily on sales and operations while overlooking financial control. Unfortunately, weak financial management often creates serious problems long before business owners realise something is wrong. Financial problems rarely appear suddenly. In most cases, businesses show warning signs months or even years earlier. These warning signs may include: Businesses with strong financial…
Many small business owners see VAT registration as only a tax requirement. In reality, VAT registration can significantly affect: For some businesses, VAT registration supports expansion and credibility. For others, it can create pricing pressure and additional administration. Understanding the commercial impact of VAT registration is important for any growing UK business in 2026. In…
If you operate through a limited company in the UK, one of the most important financial decisions you make is how to pay yourself. Most company directors take income using a combination of: In previous years, dividends were often significantly more tax-efficient than salary. However, tax changes introduced for the 2026/27 tax year mean business…