You have profits in your limited company, great. How do we get those profits out of your limited company the most tax efficient way? ‘Profit extraction’ is a pretty clinical phrase to describe one of the most exciting aspects of being your own boss: getting paid for...
Back at the beginning of the pandemic, the government offered a lifeline to VAT registered businesses that were worried for the future of their cash flow. They did this by creating the deferred VAT scheme – automatically deferring VAT payments for thousands of...
Last year, many self-employed people were incorrectly encouraged to claim under the self-employed income support scheme (SEISS). If you were one of those people, it might have taken a while before you realised your error. Perhaps it turns out your business didn’t...
When you’re running a business, having the right technology in place should be high on your list of priorities – whether it’s a sales system to keep up with a busy lunchtime rush, or software that can take away the headache of bookkeeping. But what if we told...
We’ve been working with Xero since we started Freedom in Numbers in 2017. We live and breathe it and are proud to be certified silver champion partners and professional services specialists. Maybe you’re using different accounting software for your business. Maybe...
Making sure cash is coming into your business is always important, and even more so in the current climate. But are you collecting payment from your customers in the best way, and are you making it easy for them to pay you? Let’s talk about cash flow (again) We’ve...
