Last time, I wrote about dodgy adverts promising non-existent VAT loopholes. But what if your VAT bill has arrived and you haven't got the full amount? Before you do anything, breathe. There are options here, and there's a sensible order to go through them. What HMRC doesn't do is shout any of this [...]
Tag Archives: cashflow
10
Jun
Jun
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 [...]
10
Oct
Oct
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. […]