Resources - business late payments

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New VAT penalty regime – the changes explained

New VAT penalty regime – the changes explained

A new VAT penalties regime was brought in this month, and any firms or individuals missing their filing deadline from January 2023 onwards will receive penalty points even if there is no VAT due to be paid. While this may sound more benign than getting a fine,...

The Dos And Don’ts Of Chasing Late Payments

The Dos And Don’ts Of Chasing Late Payments

It’s a constant pain, not unlike a sickness, trying to recover the money you’re owed for a job. Freelancers and their ilk rely on a steady tide of cash for every assignment. Some clients, whether by accident or design, may not be paying you. It’s within your best...

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