Tag Archives: cash management

Restaurant owner thinking about VAT

Why your accountant asks so many annoying questions about VAT

You know what? I'm going to be that accountant today. The one who's a right pain about VAT. The one who asks awkward questions and wants to see the receipts. The one who, when you suggest a creative approach to your VAT return, goes very quiet. I have a reason for being that person. It [...]

Children’s meals VAT cut: what it means for your hospitality business this summer

If you run a restaurant, café, or food-led pub and you have a children's menu, there's something worth knowing about this summer. The government has confirmed a temporary reduction in VAT on children's eat-in meals from the standard 20% down to 5%, running from the 25th of June to the 1st of September 2026. It's [...]
Smiling woman serving a croissant

Making Tax Digital: what it actually means for you

Making Tax Digital for Income Tax isn't coming. For a lot of sole traders and landlords, it's already here. And yet most of the people I speak to still aren't quite sure what it means for them, what they need to do, or whether they should be panicking. (Spoiler: you shouldn't. But you should probably [...]
Business Cash Flow

5 Ways to Improve Your Business Cash Flow

As a small business owner, the survival of your business is highly dependent on your cash management. Often, you’ll hear a lot of discussion around increasing profitability to build your business, but profitability means nothing if you don’t have the cash in your bank account to cover costs or pay back debts when they’re due. […]