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.
Making Tax Digital (MTD) is one of the biggest changes to the UK tax system in recent years. HMRC is moving businesses and self-employed individuals towards a fully digital tax reporting system. For many business owners, this means major changes to: Businesses that prepare early are likely to experience a smoother transition and reduce the…
One of the biggest advantages of operating through a limited company in the UK is the ability to claim allowable business expenses. Claiming legitimate business expenses correctly helps reduce taxable profits and lower Corporation Tax legally. However, many business owners either: Understanding what your company can claim is important for improving tax efficiency and remaining…
Many small business owners focus heavily on sales, customers, and daily operations while ignoring the financial side of the business. Unfortunately, poor accounting habits often create serious problems later. Small accounting mistakes can lead to: In many cases, these problems are avoidable with proper systems and professional guidance. In this guide, we explain the biggest…
Corporation Tax is one of the biggest costs for many UK limited companies. As business costs continue to rise in 2026, more company owners are looking for legitimate ways to reduce their tax liability and improve cash flow. The good news is that UK tax legislation provides several legal methods to reduce Corporation Tax when…
One of the biggest decisions when starting or growing a business in the UK is choosing between operating as a sole trader or a limited company. Your business structure affects: In 2026, this decision has become even more important due to Making Tax Digital changes, dividend tax updates, and increasing compliance requirements. In this guide,…
If you run a business, your payroll costs have increased from April 2026. Many business owners are seeing higher staff costs, tighter margins, and pressure on cash flow. This is not temporary. It is a permanent change in employer costs. This guide explains what has changed and what you should do now. What changed in…