It’s no secret that budgeting is an important part of running any business, but it can be a daunting task. Knowing where to start and what to include in your budget can be a challenge. If you are a business owner, this blog post is here to help. Here are some Budgeting Tips for UK Businesses.

Start with the Basics

Before diving into making your budget, it’s important to understand the basics of budgeting. A solid budget should include:

• Income and expenses
• All fixed costs such as rent or loan payments
• Variable costs such as stock or advertising

And any other costs associated with running your business. Once you have identified these categories, you can begin to allocate funds accordingly.

Set Realistic Goals

Once you have identified your income sources and expenses, it’s time to set realistic goals for your budget. Consider both short-term and long-term goals for your business. It is important to make sure that each goal is specific and measurable so that you can track progress over time. When setting goals for your budget, make sure that they are achievable – don’t set yourself up for failure by setting unrealistic targets!

Review Regularly

Budgets are not static documents – they should be reviewed regularly to ensure accuracy and effectiveness. Make it a point to review your budget at least once every quarter or even more frequently if necessary. This will give you an opportunity to identify areas where changes need to be made. Additionally, regular reviews of your budget will help keep spending under control by allowing you to adjust expenditures when needed.

Get a Business Loan

Business loans can be a great way to help with budgeting, allowing companies to have more stability when it comes to their finances. Loans can provide the extra funds needed for a new project, expansion, equipment purchases, or any kind of investment that will benefit the business.

With business loans, businesses can better plan and manage their financials while still maintaining their business operations and growth plans.

Budgeting effectively is an essential part of running a successful business. By starting with the basics, setting realistic goals, reviewing regularly, and taking care of your cash flow, you can create a comprehensive budget that will help put you on the path towards success!

Read ‘Top 5 myths about getting a business loan’ here.

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Our business loans are quick and easy to arrange. Our expert team will be able to source a business loan type best suited to your needs today! Give us a call on 01494 956 871, or send an email to [email protected] to explore your funding options.

As the whole country struggles with the cost-of-living crisis, you may be looking for ways to give your cash flow a little TLC. A great way to keep your cash flow in check is by getting a VAT loan for your business. But what exactly is a VAT loan and why should businesses get one? Let’s break it down.

What Is a VAT Loan?

A VAT loan is an advance payment of the amount that your small business owes in Value Added Tax. This type of loan provides businesses with immediate access to cash so that they can continue to operate until their usual tax payments come in. The benefits of taking out a VAT loan are numerous, as it allows businesses to maintain their cash flow while they wait for the expected funds to arrive.

Why Get a VAT Loan?

There are several reasons why VAT loans are becoming increasingly popular for businesses across the country. First and foremost, having access to immediate cash can help relieve the financial pressures that tax liability often causes businesses.

Additionally, payment is made directly to HMRC – saving you the hassle! And being acquiring your VAT loan through us there is no need to use up an existing bank facility either.
Our wide panel of funders enable smaller businesses who may not qualify for mainstream financing options still have access to cash-flow-reviving funds. So, if you have been turned down by your Highstreet bank, why not give us a call?

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Finding the right finance option to ensure your bills are paid on time can be a daunting task – until now! With our quick and easy VAT loans, you can reclaim control of your finances and free up cash to be used elsewhere in your business.

To get started quickly then make use of our FREE VAT loan calculator. Or simply call us at 01494 956 871 for a free, accurate, no obligation quote; it’s that easy! You also benefit from fixed repayment schedules with industry leading rates enabling peace-of-mind when dealing with financial deadlines. Get yours today and enjoy one less worry tomorrow…

VAT Loans are a great way to avoid any damage made to your cash flow from your quarterly VAT bill.

That is why an increasing number of businesses in the UK are seeing the benefits of getting their VAT funded. However, if VAT loans are a finance avenue you are not so familiar with and would like to learn more, read on for some frequently asked questions we get about our VAT loan funding facility.

Why do businesses get VAT loans?

VAT loans are becoming increasingly popular amongst UK businesses as they provide cash flow relief. They do this by spreading the cost of your VAT liability across the space of 3 months instead of an upfront lump sum.

How much can I borrow?

Anything from £10,000+

How is the payment made?

We can pay HMRC directly or we can make the transfer into your chosen bank account.

How do the repayments work?

You the cost of your VAT bill will be spread across the period of 3 months, therefore making it more affordable. Your first repayment will then be due between the 1^st and 4^th of the following month after activation.

How can I find out what my monthly repayments will be like?

You can get fast and free indicative figures using our free VAT loan calculator here!

How long will it take for me to get credit cleared?

We can look to get you approved within just 24 hours! We therefore understand HMRC deadlines are important to meet.

How long does payment take?

We can make direct payment to HMRC in just 48 hours- therefore saving you all the hassle!

Do I need a director’s guarantee?

No. No directors guarantee is required for taking out a VAT loan.

Contact Us

Do you have a question about VAT loans that wasn’t answered in this blog? If so, please don’t hesitate to get in touch. Give us a call on 01494 956 871, or drop an email to [email protected].

Many businesses are feeling the pinch of our declining economy, and that is why it is now more important than ever to make sure your cash flow is in check.

A great way to go about remaining in control of your cash flow is by obtaining a business loan. But that’s not all, let’s explore this a little deeper…

Cash flow

A healthy cash flow is vital to the successful running of a business. So, if your cash flow could do with a little TLC, a business loan will ensure your cash remains flowing with ease.

Keep cash in the business

Are you sick of being restricted by your funds? Fear no more, a business loan can allow you to go ahead and make your business dreams come true whilst protecting your cash flow.

Expand your business

If you are looking to grow your business, a loan is a quick and easy way to go about it. With our quick, easy, and affordable loans you can get an instant cash injection into your business. This will avoid you waiting around until you have enough cash in the bank to boost your business. So, you will have the freedom to go ahead and add to your team, buy that piece of equipment that is bound to boost your productivity, or just invest more into your marketing. However you wish to go about it, we’ve got you covered.

Buying inventory

As most businesses will agree, inventory totals a hefty fraction of overhead costs. In most cases, inventory needs paying for upfront, however, this can be detrimental to your cash flow. But here is where business loans come in handy. Here at VAT Loans, you can borrow from £5,000 up into the multimillions.

Here at VAT Loans, we can offer your business a whole range of business loans:

• VAT Loans (as you might be able to gather from our name!)
• Corporation tax loans
• Business loans
• Dilapidation loans
• Equipment loans
• Working capital
• Peer to Peer

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Are you interested in investing in your business? If so, please get in touch, out expert team will be able to point you in the direction. Give us a call on 01494 956 871, or send an email to [email protected]

Corporation tax liability can take a huge toll of a business’ cash flow when paid upfront. That is why more and more businesses across the UK are being enlightened to the benefits of corporation tax loans.

Here at VAT Loans, we provide quick and simple to arrange corporation tax loans for bills over £8,000.

The benefits of getting a corporation tax loan through us

Keep cash in the business

Corporation tax loans are a cash flow-efficient way of easing your tax liability. This is because they allow you to spread the cost of your tax bill over 12 months. Making it easy for you to use that cash other areas of the business.

Fast Payment

We don’t mess around here at VAT Loans. We are aware of the penalties companies can face for late payments. That is why we pride ourselves on our fast and simple service that gets your tax bill paid directly to HMRC on time.

Approval in 24 hours

Following on from our last point, our fast service means getting you approved within just 24hours!

Alternative funding line

Our finance facilities offer you an alternative funding line so there’s no need for you to use up an existing one!

Fixed monthly payments

Our fixed monthly payments mean locking the best interest rate. Therefore, you’ll be reassured to know that your payments won’t rise along with the ever-rising interest rates!

Delivered with 5* customer service

Rest assured your loan will be delivered by one of our friendly tax finance experts!

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It’s getting to that time of year when many companies’ corporation tax is due. So, if you have a corporation tax bill over £8,000, why not get in touch today to secure the best rates for your business? Give us a call on 01494 956 871. Or drop an email to [email protected], and friendly member of our team will get back to you!