🎆 Don’t Let Your Finances Go Up in Smoke This Bonfire Night!

As the skies light up across the UK this Bonfire Night, it’s a great reminder that — just like fireworks — your finances need careful planning to stay bright, controlled, and under budget 💷✨

At this time of year, many small businesses and self-employed individuals start feeling the heat — the 31 January Self Assessment deadline is creeping closer, and cashflow can start to tighten as we head into winter. So before things go up in smoke, here’s how to keep your finances in check 🔥

💡 1️⃣ Keep Your Cashflow Under Control

Bonfire Night celebrations can be all about big bursts of spending — but your business shouldn’t be! Review your cashflow forecast before the end of the year to make sure you have enough to cover bills, wages, and your next tax payment.
✅ Tip: If you’re self-employed and expecting lower profits this year, you may be able to reduce your 31 July payment on account for next year — ask us how!

🎯 2️⃣ Review Your Tax Position Before Year-End

Don’t wait until the fireworks are over to think about your taxes. There’s still time to:

Make pension contributions 💰
Use your Capital Gains Tax allowance (£3,000 for 2025/26)
Or bring forward planned equipment purchases to claim capital allowances

Small steps now can lead to big savings when the new year arrives

🔥 3️⃣ File Your Tax Return Early — Beat the Rush

Just like getting a good spot to watch the fireworks, being early pays off! Filing your Self Assessment now gives you:
✅ Certainty about your tax bill
✅ More time to budget or set up a payment plan
✅ And a calmer Christmas season 🎄

🧯 4️⃣ Don’t Burn Out

Running a business at this time of year can feel like juggling sparklers — fun, but a bit chaotic! Make sure you’re getting the right advice and support, so you’re not left handling it all yourself.

At Llewellyns Chartered Certified Accountants, we help small and micro businesses across South Wales manage their tax, plan for the year ahead, and stay financially healthy — without the stress.

🎆 Final Thought

Bonfire Night only lasts one evening — but your financial future lasts all year.
Plan ahead, stay in control, and make sure your hard-earned money doesn’t go up in smoke 💨

If you’d like help reviewing your finances before the year-end, get in touch:
📞 01443 303 230
📞 02920 624 230
📧 info@llewellyns.co.uk