Cash-flow forecasting in Great Fleete

Businesses in Great Fleete where cash timing matters: companies growing faster than their working capital, seasonal businesses, those holding stock or work in progress, businesses with loans or finance to service, companies applying for lending or grants, start-ups measuring runway, and any owner who has had an unexpected conversation with the bank and does not want another.

• A 13-week rolling forecast built week by week from your receipts, payments, payroll, VAT and tax dates
• A 12-month forecast with best, base and worst case scenarios and the assumptions documented
• Debtor and creditor timing modelled from your actual payment patterns rather than invoice dates
• Tax, VAT, PAYE and loan repayments placed on their real dates so nothing is a surprise
• Monthly refresh retainer: actuals replace forecast each month and the horizon rolls forward
• Funding-application pack: forecast, assumptions, sensitivities and the narrative lenders and grant bodies expect

1. Tell us your situation

   A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.

2. Fixed fee in writing

   You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.

3. Send records, review the draft

   Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.

4. We file, you get the receipts

   Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.

Great Fleete is in East London, within Barking and Dagenham, in the IG11 postcode district, England. Income tax in England follows the UK rates: 20% basic to £50,270, 40% higher to £125,140 and 45% additional, with the personal allowance of £12,570 tapered away above £100,000. National Insurance, VAT and Corporation Tax are UK-wide, and Stamp Duty Land Tax applies to property purchases.

Record keeping

Record keeping is a legal obligation with a penalty of up to £3,000 for failure, but its real value is in making every other filing cheaper and more defensible. Keep invoices, receipts, bank statements, mileage logs and any HMRC correspondence, digitally if you like, for five years after the relevant filing deadline for individuals and six years for companies and VAT.

Allowable expenses

Expense claims are where a return is won or lost in an enquiry. The test is wholly and exclusively for the trade; where a cost is mixed, the business proportion can be claimed if it can be identified. Capital items such as equipment and vans are relieved through capital allowances rather than as expenses, except under the cash basis where they are simply deducted when paid.

Crypto records and reporting

HMRC treats cryptoassets as property. Swapping one token for another, spending crypto or gifting it are all disposals for Capital Gains Tax, and staking and lending rewards are income. Gains are computed under pooling rules with same-day and 30-day matching. From 2026 HMRC receives data from exchanges worldwide under the Cryptoasset Reporting Framework, so unreported activity is increasingly visible.

The 60-day property CGT return

Selling UK residential property that was not your main home for the whole period of ownership triggers a separate Capital Gains Tax return, due within 60 days of completion along with payment of the tax. This is in addition to the annual Self Assessment. The gain is taxed at 18% or 24% depending on your income band, after the £3,000 annual exempt amount.

Dormant companies

A dormant company is one with no significant accounting transactions in the year, where the only permitted entries are the payment for shares on incorporation, Companies House fees and penalties. It still files a confirmation statement and simplified dormant accounts every year. A bank charge or an accountant's fee paid from the company ends dormancy and requires full accounts.

The trading and property allowances

Not every small income needs a tax return. The trading allowance exempts the first £1,000 of self-employment or casual income and the property allowance does the same for rental income, each measured on gross receipts. They cannot be combined with rent-a-room relief on the same income, and claiming the allowance means giving up the expense deduction for that source.

Employer National Insurance

Since April 2025 employer National Insurance has been 15% on earnings above a £5,000 secondary threshold, a substantial increase for small employers. The Employment Allowance rose to £10,500 at the same time to soften it for the smallest businesses. Directors deciding their own salary weigh this cost against the Corporation Tax deduction a salary provides.