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Luvero accounting Transform your business into a
money-making machine! As your needs evolve, so do our services.

Personalised solutions, from Profit First Professionals

As certified Profit First accountants, we adjust to your way of working. Our accountancy solutions are tailored to your needs, simplifying the path to financial success – your way! That’s why our focus is on building lasting relationships customised to you and your lifestyle. Prioritising work-life balance and stress-free financial management, our accountants keep pace with your business so you can concentrate on what matters most.

26/10/2026

SSP is £123.25 a week or 80% of average weekly earnings, whichever is lower. Up to 28 weeks.

For part-time staff, 80% can be well under £123.25, and that lower figure is what is due.

Comment and I will tell you what to look for.

Statutory sick pay changed and a lot of small employers are still running the old rules in their heads.The rate is £123....
26/10/2026

Statutory sick pay changed and a lot of small employers are still running the old rules in their heads.

The rate is £123.25 a week, or 80% of the employee's average weekly earnings, whichever is lower. It runs for up to 28 weeks.

That "whichever is lower" is the part that is new to people. For a lower paid or part time employee, 80% of their actual average earnings can be well below £123.25, and that lower figure is what is due. Paying the flat rate to someone whose 80% is less than it is not generous, it is wrong, and it is the sort of thing that looks careless in an inspection.

The reverse matters more. Someone whose 80% comes out above £123.25 gets £123.25, not the 80%. The cap still applies.

Two practical points.

Your payroll software will almost certainly calculate this correctly if the earnings history in it is right. The failures I see are not software failures, they are earnings data failures, usually after someone changed hours and nobody updated the record.

Check what your staff handbook says. A lot of handbooks written a few years ago describe an SSP regime that no longer exists, and a handbook that promises something more generous than the law is a contract, not a typo.

Reply to this if you want to know what to look at in your own payroll.

22/10/2026

We reopen to new clients next month.

It works if you run a limited company, want to understand your numbers, and send things when asked. If you want the cheapest accounts possible, we are not the right fit.

Waiting list at luvero.uk

We reopen to new clients next month, so it is only fair to say plainly who this works for and who it does not.It works f...
22/10/2026

We reopen to new clients next month, so it is only fair to say plainly who this works for and who it does not.

It works for you if you run a limited company, you want to understand the numbers rather than just approve them, and you will send things when they are asked for. Not immediately. Just eventually, and without four reminders.

It works if you would rather be told something is a bad idea before you do it than have it recorded neatly afterwards.

It does not work if what you want is the cheapest possible set of accounts. There are firms who will do that, some of them perfectly well, and we are not competing with them.

It does not work if you want someone who will find a way to make the number smaller regardless. We will take every allowance and relief you are entitled to and we will not go past that, and we say so at the start rather than at the point it matters.

It does not work if you are looking for pension or investment advice. That is a regulated job and it belongs with your IFA, not with us.

The waiting list is at luvero.uk. If any of that sounds like the wrong fit, that is useful information too, and no hard feelings.

Reply to this if you are not sure which side of it you are on.

21/10/2026

Take out the tax money, your profit and your own pay. What is left is the real size of your business.

£250,000 turnover, 30% to tax, 5% to profit, £3,500 a month to the owner. That leaves £120,500 a year for everything else.

Comment and I will explain how we set it up.

Once the tax money, the profit slice and your own pay are out of the way, whatever is left in the operating account is t...
21/10/2026

Once the tax money, the profit slice and your own pay are out of the way, whatever is left in the operating account is the real size of your business.

That is an uncomfortable sentence for most owners the first time they read it.

Here is what it looks like in practice. A company turning over £250,000, moving 30% to tax, 5% to profit and paying the owner £3,500 a month. That leaves £120,500 a year to run everything else. Rent, software, insurance, the van, wages, the accountant, the bit that goes wrong in March.

If £120,500 will not do it, one of four things is true. The price is too low. The costs are too high. The owner's pay is unrealistic. Or the turnover is not what you thought it was because a chunk of it is VAT you were treating as income.

That fourth one accounts for more of the shortfalls I see than the other three put together.

The value is not that the operating account solves anything. It is that it stops you finding out in nine months. A number that goes down every month is telling you something now, while October is still a month you can do something with.

Look at yours this week. Reply to this if what you find does not make sense.

20/10/2026

Employment Allowance is £10,500 this year. But a company with one director, where that director is the only employee liable for employer NIC, cannot claim it.

A second employee over £5,000 changes the answer. Connected companies get one allowance between them.

Comment and I will tell you what to check.

Employment Allowance is £10,500 this year. It takes that much straight off your employer National Insurance bill.Employe...
20/10/2026

Employment Allowance is £10,500 this year. It takes that much straight off your employer National Insurance bill.

Employer NIC is 15% on earnings above £5,000 a year per employee, so £10,500 covers a reasonable amount of payroll before you pay anything at all.

Here is the rule that catches owner managed companies, and it catches them every year.

If your company has one director and that director is the only employee paid above the secondary threshold, you cannot claim it.

Not a technicality. It is the specific case the rule was written for.

Two things that change the answer.

A second employee paid above £5,000 a year makes the company eligible. So a company with a director and one part timer over that threshold can claim, and a company with a director and a part timer under it cannot.

Connected companies get one allowance between them, not one each. If you own two companies, only one can claim.

It is worth checking rather than assuming, in both directions. I see companies claiming it who should not be, which is a correction and interest, and companies not claiming it who could, which is up to £10,500 a year sat on the table.

Reply to this if you want to know which of those you are.

19/10/2026

Today is the 19th, which is the date that costs money if you use subcontractors.

Your CIS return for the month to 5 October is due today. The penalty starts at £100 the day after, and it applies per return, not per year. Miss three months and that is three separate £100 penalties before anything else happens.

Two months late adds £200. Six months adds £300 or 5% of the deductions, whichever is higher.

The one that surprises people: a nil return is still a return. If you had no subcontractors that month and told HMRC nothing, that is still £100.

The 19th is also the postal deadline for PAYE. If you pay electronically, which almost everyone does, you have until the 22nd. If you pay quarterly rather than monthly, this is a quarter month, so the quarter to 5 October is due on the 22nd too.

None of this is difficult. It is just three dates that do not move and do not remind you.

Put the 19th and the 22nd in your calendar as recurring, today, while you are thinking about it. Reply to this if you want to know which one applies to you.

If you own more than one company, the corporation tax thresholds are not what you think they are.The £50,000 and £250,00...
16/10/2026

If you own more than one company, the corporation tax thresholds are not what you think they are.

The £50,000 and £250,000 limits that decide whether you pay 19%, 25% or land in the 26.5% marginal band are divided by the number of associated companies.

Two companies, and the limits become £25,000 and £125,000 each. Three, and it is £16,667 and £83,333.

So a company making £30,000 of profit pays 19% if it stands alone, and drops into the marginal band the moment there is a second company in the picture.

The trap is that associated is wider than owned. Companies under common control count, and control can come through people connected to you as well as through you. A company your spouse controls can be associated with yours even if you have never had anything to do with it.

Two common cases that catch people.

The dormant company nobody closed after the last venture. Dormant companies are generally ignored for this, but only if they are genuinely dormant throughout.

The property company set up beside the trading company. Usually associated, usually a surprise.

If you have more than one company and nobody has ever checked this with you, it is a fifteen minute job to find out and it can be worth thousands.

Reply to this if you want to know how to check.

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