Following the shocking news stating the average domestic fuel bill could top £4,200 per year from January 2023, you may be worried how you’re going to afford to pay for this as well as your income tax bill due that is due 31 January 2023.

There’s only so much you can do as a business owner to encourage more business and therefore more cash inflow. But what you can do is learn how to understand and manage your cash flow effectively to prevent it from getting out of hand. And by keeping a close eye on it you can make informed decisions.

We would recommend you file your 2021/22 Self-Assessment Tax Return now in order to have a clear view of what will be due on 31 January to help you plan for these payments.

We can help you put together a cash-flow forecast to help you predict your cash position so you can plan your cash flow and adjust your finances where necessary.

Skip the steps of producing your own forecast and download our free 5-minute cash flow forecast below to help you plan for the challenging January ahead with the rising cost of living. 


5 Minute Cash Flow Forecast Tool

  • By ticking this box you agree to being contacted via email or phone by one of our Advisers, and for the information you provide us with to be kept securely for future communications in line with the new GDPR
  • This field is for validation purposes and should be left unchanged.

As well as allowing you to adjust your finances, the added bonus of filing your self-assessment tax return early means it allows you more time for tax planning considering so you can make use of a wide range of reliefs or exemptions that may be available and discuss these with us.

Get in touch with your Client Manager today or reach out below for help submitting your tax return.

Want to find out more?

Call us on (01474) 853856 and we will put you in contact with one of our advisers, or send us an enquiry by clicking below.

Send us an enquiry