Limited Companies

What is a Director’s Loan Account? A simple UK guide explaining how it works, tax risks, Section 455 charges and real examples for limited company directors.

Should you stay a sole trader or set up a limited company? Compare tax, liability, admin and profit levels to decide what’s right for you.

Not sure when you need to register for VAT — or whether you should at all? This practical guide explains HMRC’s VAT registration rules in plain English, including the £90,000 threshold, the rolling 12-month test, voluntary registration, and common mistakes that lead to penalties. Ideal for businesses, start-ups, and charities that want to get VAT right first time.

Not sure how to take money out of your limited company without paying more tax than necessary? In this practical guide, a UK tax adviser explains the most common HMRC-approved ways directors pay themselves — including salary, dividends, pensions, and everyday allowances — using plain English and real-world examples. Ideal for limited company directors who want clarity, not jargon.

Cash flow is one of the most common challenges facing UK businesses — and one of the main reasons many struggle or fail in their early years. At Skyrock Accountants, we often see businesses that are profitable on paper but still under pressure because cash isn’t coming in at the right time. Managing cash flow well isn’t about complex spreadsheets — it’s about visibility, discipline, and forward planning. Here’s how to manage cash flow properly and keep your business in contro