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Look back to the future. Learn how to create a robust cash flow forecast?

Look back to the future. Learn how to create a robust cash flow forecast?

A good forecasting exercise isn’t merely about looking at the facts, it’s also a chance to ask ‘what if?’
Ultimately, this allows you to look at different scenarios and test the impact, enabling you to see more clearly how you would be affected by any changes in income or expenditure.
With Coronavirus causing so much uncertainty, now is a very good time to do a forecasting exercise.

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What are dividends and how are they taxed?

What are dividends and how are they taxed?

For most small business owners, the best take-home pay solution is a mixture of salary and dividend, whereby you take your tax-free personal allowance as salary and the rest of your income as a dividend. There are certain rules you have to abide by when calculating and taking dividends. Here we explain how dividends work.

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