Category: <span>Cash Flow</span>

More than 500,000 UK Companies in Significant Financial Distress

509,000 UK companies are in significant financial distress—the highest number ever measured. The coronavirus lockdown has seen the largest quarterly increase in the number of businesses in significant distress since the end of 2017, growing by 15,000 companies. This figure is expected to increase throughout Q2 as COVID-19 restrictions continue. The number of critically distressed…




Bookkeeping tasks to complete in January

January is a great time to review your bookkeeping processes and get your business’ finances organised for the new year. For many businesses, January is a quiet time of year that is best used to review performance and processes and plan and prepare for the year ahead. Complete the following bookkeeping tasks in January to…




Third of Britain’s Wealthiest Under Investigation For Unpaid Tax

One statistic which will almost certainly anger anyone who has had to pay their share of tax this past month is the number of Britain’s wealthiest under investigation over tax. A specialist unit has been set up within HMRC which aims to investigate individuals who own assets in excess of £20 million. This wealthy elite…




Don’t Get Caught Out By Tax Refund Scam

Have you ever received one of those emails from HMRC telling you that you are due a refund on the tax you paid? You’re not alone, the independent reports that 50,000 people a day have being targeted by this scam. Fooling people into clicking a link and divulging their tax details is not the technique…




Tips On Managing Your Cashflow After Brexit

No doubt you will be growing tired of hearing about Brexit like the rest of us but it would be wrong to ignore some of the potential implications for your business and cash flow in particular. Some of the consequences of Brexit are already being felt as some business costs have increased. With the pound…




3 SME Business Cash Flow Hacks

As a small business owner you will no doubt be aware of the importance of cash flow to your business. If we think of cash flow as the lifeblood of our business, then it is important to pay it the attention it deserves, which means not forgetting to collect, ask for payments or process them….