In this bonus episode of The Balanced Business Podcast, Nicola wraps up The Director’s Handbook series with a clear, practical overview of everything we’ve covered so far, from setting up your company and paying yourself properly, to managing VAT, understanding your accounts, and planning ahead. It’s a perfect refresher for anyone who’s completed the series, and an ideal starting point if you’re new here and want to get up to speed quickly. Nicola shares how each part of the director’s journe...
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In this bonus episode of The Balanced Business Podcast, Nicola wraps up The Director’s Handbook series with a clear, practical overview of everything we’ve covered so far, from setting up your company and paying yourself properly, to managing VAT, understanding your accounts, and planning ahead. It’s a perfect refresher for anyone who’s completed the series, and an ideal starting point if you’re new here and want to get up to speed quickly. Nicola shares how each part of the director’s journe...
Ep04 - Money Matters – What’s the Company’s and What’s Yours?
The Balanced Business Podcast
9 minutes
1 month ago
Ep04 - Money Matters – What’s the Company’s and What’s Yours?
Managing money in a Limited company can be confusing. In this episode, Nicola clarifies what belongs to the business and what belongs to you. She explains the difference between taking a salary, dividends, or a director’s loan; how to structure your pay to be tax‑efficient; and why using the company bank account as a personal spending pot is a bad idea. You’ll also learn about bookkeeping basics for tracking receipts, paying expenses, and recording transactions. With her approachable style, N...
The Balanced Business Podcast
In this bonus episode of The Balanced Business Podcast, Nicola wraps up The Director’s Handbook series with a clear, practical overview of everything we’ve covered so far, from setting up your company and paying yourself properly, to managing VAT, understanding your accounts, and planning ahead. It’s a perfect refresher for anyone who’s completed the series, and an ideal starting point if you’re new here and want to get up to speed quickly. Nicola shares how each part of the director’s journe...
