8 Top Tips on How to Deal with Late Payments

8 Top Tips on How to Deal with Late Payments

On December 3rd 2022, The Business Secretary Grant Shapps ordered a review aimed at tackling late payments for small businesses, suggesting that small businesses are owed £23.4bn in outstanding invoices. Many small businesses operate with low cash reserves, which...
6 Beliefs About Contracts that are Wrong

6 Beliefs About Contracts that are Wrong

I don’t need a written contract Having a written contract is often low on the priority list when trading as a small business. Business owners will say “nothing has gone wrong so far”, so the business decides to continue to operate without any written terms, trusting...
IR35 Rules Explained – What You Need to Know

IR35 Rules Explained – What You Need to Know

As the saying goes, only two things in life are certain: death and taxes. Death is a given as it is a natural aspect of everyone’s life, whereas taxes are an obligation that must be fulfilled by us as law-abiding citizens. As with many laws, tax rules are no exception...