February 2018

Getting Money out of your Company

Getting Money out of your Company Getting money out of your company is not as simple as you might think. We’re often asked how companies can distribute money to their shareholders. Sometimes there is a lot of cash in the company, particularly if you have sold the business. As a shareholder, it’s only natural that …

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Cash flow forecast and the Budget. What’s the difference?

Cash flow forecast and the Budget. What’s the difference? Every year businesses should produce a budget and a cash flow forecast. They have a lot of things in common. The cash flow forecast tends to follow the budget. Both are essential aids in running a successful business and to our mind are not optional. So …

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Accounting Income Method – a new way of paying provisional tax

Accounting Income Method From 1 April, 2018, there is a new way of paying provisional tax called the Accounting Income Method (AIM). Before we look at the new method, it’s worthwhile looking at the existing system. Up until now, there have been two main methods of working out your provisional tax: Standard Method – this simply …

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