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If you’re running a construction business in the UK, you know that cash is king. There is nothing quite like the feeling of seeing a large invoice get paid in full, without a chunk being sliced off for the taxman before it even hits your bank account. That’s the beauty of Gross Payment Status (GPS). […]

Most business owners think cash flow problems are caused by a lack of sales. They spend their nights staring at lead-generation charts and their mornings chasing new "big fish" clients. But here is the reality: you can have all the sales in the world and still go bust if your back-end systems are leaking cash.

Let’s be honest: when you’re running a limited company, the line between "my money" and "the company’s money" can start to look a little blurry. You’re the one doing the work, you’re the one taking the risks, and you’re the one at the helm. It’s tempting to treat that business bank account like an ATM

It’s official. The "Death of Free" has arrived, and if you’re a small business owner in the UK, the landscape of accounting for limited companies has just fundamentally shifted. For years, the CATO (Company Accounts and Tax Online) portal was the go-to for thousands of micro-businesses. It was a bit clunky, sure, but it was

Listen, if you’re a sub-contractor in the UK, you already know that cash flow is the lifeblood of your business. You’ve worked hard to move away from that 20% deduction, securing your Gross Payment Status (GPS) so you can get 100% of your money upfront. It feels good, right? It gives you the flexibility to

Hey there! If you’re reading this, it’s currently May 2026, which means the world of tax in the UK has officially shifted. Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) is no longer a "future problem", it’s here. At Makes Sense Accountants, we’ve been helping folks navigate these changes for months, but one question

If you’re running a limited company, "Dividend Day" is probably the highlight of your month. It’s that moment when all the hard work, late nights, and endless cups of coffee finally turn into a tangible reward for your personal bank account. But here’s the thing: dividends are a bit like a double-edged sword. If you

Let’s be honest: bookkeeping usually sits right at the bottom of the "fun things to do" list for most small business owners. It’s right there between cleaning out the office fridge and filing your own teeth. But as we move through 2026, the landscape of tax in the UK has changed significantly. If you’re a

If you’re running a limited company in 2026, you’ve probably noticed that the financial landscape is shifting faster than a London weather forecast. One of the most significant changes landing on directors' desks this year isn't just about the price of energy or office rent, it’s about the money you might be "borrowing" from your

Let’s be honest for a second: running a small business or working as a sole trader is hard enough. Between chasing invoices, actually doing the work, and trying to have a life on the weekend, the last thing you want is another government acronym making your life difficult. Lately, one specific acronym has been causing