There are many ways to calculate your VAT.
Standard accounting
Cash accounting
Flat Rate Scheme
Sales Margin scheme (second hand goods)
Retail Schemes

If you would like any help choosing which scheme is right for you, please give us a call and one of our Accountants will help you through it.

Cash Flow / Projections.

Cash flows and projections are becoming more and more part of business life. It seems that none of us can turn to anyone else for help without an immediate request for a cash flow forecast or a business projection (especially from banks).


A cash flow forecast looks at how your cash and/or bank balance will rise and fall over a period (usually 6 or 12 months) and is typically required by a bank when, for instance, you request an overdraft facility from them. Cash flow forecasts are also especially useful at the birth of a new business as they help to forecast the provisions you need to make during the period your business takes form.


Projections are required in many different areas, notably again by banks should you require an overdraft or loan facility where your business has not been trading for a sustained period of, usually two or three years. Projections can be very realistic if prepared correctly and are of enormous value to third parties (such as your bank manager) and often yourself.


We take every care to ensure that all cash flow forecasts and projections are as accurate as possible – after all, a piece of string is no good to you unless you know how long it is ?

Write to Abacus at our Denbishire Office

You can write to us at

Abacus Accountants
9 Ruthin Road
LL16 3EH

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Call or Write to

Abacus Accountants
9 Ruthin Road
LL16 3EH

Telephone us on

01745 814440

Abacus Denbigh Fax

Fax us on

01745 814448