How can small businesses manage late payments?

How can small businesses manage late payments?

With less than a month to go until the Autumn Budget, businesses and individuals are all bracing for the potential economic changes and challenges that may be in store. One thing that the Chancellor is unlikely to be able to tackle in her Budget is the damage to cash...
The importance of effectively managing director loans

The importance of effectively managing director loans

Many small and medium-sized business owners utilise director loans to access valuable funds to help fix any short-term concerns, like cash flow issues. Before taking a director’s loan, you have to be sure it’s the right path to take because you could seriously impact...
A guide to VAT for businesses: What you need to know

A guide to VAT for businesses: What you need to know

Running a business provides plenty of challenges, including knowing your tax obligations and when you need to file your tax returns. Part of your tax obligations may include paying Value Added Tax (VAT). VAT is an indirect tax that customers pay on products or...
Understanding your Corporation Tax obligations

Understanding your Corporation Tax obligations

If you manage or run an incorporated business such as a limited company, you are required to register for Corporation Tax which means you need to know your obligations and ensure you are paying your bill on time. Corporation Tax is a form of business tax that...