Cashflow

Coronavirus – tax loss scheme

Coronavirus – Tax Loss Scheme The government has announced details on the changes to tax losses as part of a suite of measures to assist with the economic downturn caused by the COVID-19 lockdown. The scheme will allow entities to offset a loss in a particular tax year against a profit in a previous year. …

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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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