THE SMALL-BUSINESS ACCOUNTANCY EXPERTS

Over the past five years, businesses have had to adapt to big economic changes, no matter what industry they’re in. The sudden switch to remote work and strict lockdown rules forced companies to rethink how they operate just to keep things running. Online tools became a lifeline for staying connected and keeping businesses afloat. Now, tools like cloud-based accounting software, automation, and real-time financial tracking aren’t just nice-to-haves—they’re must-haves. They let you manage your finances, keep an eye on expenses, and stay on top of compliance, all from anywhere. Digital accounting has completely changed how businesses handle their finances, offering better efficiency, accuracy, and insights compared to old-school methods. For UK businesses, it’s also a requirement to meet HMRC’s Making Tax Digital (MTD) rules, which demand digital record-keeping and VAT filings through compatible software. But beyond just following the rules, digital accounting brings a ton of benefits that can help your business grow.

If you’re running your business through a limited company - or thinking about incorporating - understanding how dividends work can be a game-changer when it comes to your take-home pay . At SBX Accountants , we specialise in helping business owners like you get the most from your earnings while staying fully HMRC-compliant. One of the most effective ways to do that? Dividends. Dividends are a smart, tax-efficient way to extract profits from your company - but it’s essential to know how they work and how to use them wisely. In this guide, we’ll break it all down and show you how SBX can support you in figuring out the best structure for your business. What Are Dividends (And Why Do They Matter)? Dividends are payments made to shareholders - typically from a company’s retained profits. If you’re both a director and shareholder in your limited company, you can pay yourself dividends in addition to a salary. Why does this matter? Because dividends are taxed at lower rates than regular income, and they’re not subject to National Insurance Contributions (NICs). That means more money in your pocket, and less to the taxman. At SBX, we help you build a smart remuneration strategy that uses dividends to your advantage - without overstepping any legal or compliance boundaries.