A bank balance tells you what has already happened, while properly kept books tell you what is coming, and for anyone deciding what they can safely draw from their business, that distinction matters.
Rising interest rates have quietly turned careful saving into a taxable event for many, and understanding the two allowances involved can save an unwelcome surprise.
Limited company directors have unique opportunities to optimise their tax position in 2025, but recent changes to dividend taxation mean it's time to review your salary-dividend strategy.
