Running a small company means directors sometimes need to borrow from their business — it’s common, practical and often harmless when handled correctly. But get the paperwork or timings wrong and that friendly loan can turn into an unexpected personal tax bill or a 32.5% s455 charge on the...
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Tax Tips
I’ve seen it too many times: a business owner opens their accounting software...
Small Business Advice
I’m going to walk you through a practical, no‑nonsense approach to...
Software & Tools
I migrated payroll records for several micro‑employers when clients asked me...
Bookkeeping
I want to walk you through how I record and manage a director’s loan account...
I migrated payroll records for several micro‑employers when clients asked me to move from Sage to Xero, and the thing that worries people most is losing payroll history. I get it — that payroll history is a legal record, it feeds annual...
I want to walk you through how I record and manage a director’s loan account (DLA) so it stays clean, compliant and free from unnecessary personal tax charges. I’ve seen more than one small-company owner land in a tangle because a few personal...
I used to see the same problem over and over when I was bookkeeping for small UK businesses: invoices sent, friendly chase emails ignored, and then a gap of frustrating manual work to recover the cash. Implementing a payments flow that combines...
Selling on Amazon FBA and Etsy is a brilliant way to scale a small business fast, but VAT can feel like a trapdoor if you don’t plan for it. I’ve helped lots of UK sellers untangle VAT headaches — missing registrations, lost VAT on fees,...
I remember the first time a creative agency client asked me whether their work could qualify for R&D tax relief. They were a small team producing interactive campaigns, bespoke web apps and motion graphics — not the sort of business people picture...
I used to work with sole traders whose calendar looked like a rollercoaster: three busy months, then tumbleweed. That volatility makes it hard to sleep at night — especially when a single big invoice reminds you that a tax bill is coming, or you...
When two partners run a limited company together, one of the first questions I hear is: “How should we split salary and dividends to be tax-efficient — and how do we avoid pension-related traps?” There’s no one-size-fits-all answer, but with...
I’ve seen too many small businesses treat client retainers as if they were regular sales—posting them straight to income and then wondering why their profit looks inflated until the retainer is consumed. Xero can make retainer tracking...
I once had a client call me in a panic because they missed a VAT return deadline by a week. Their first fear was that a late return would automatically mean an HMRC compliance visit. Having worked with dozens of small UK businesses, I know how...
I’m going to walk you through a practical, low-risk way to reclaim VAT on purchases that are used for both business and private purposes — without waving a red flag in front of HMRC. I’ve helped dozens of small business owners navigate these...