As you will no doubt be aware there will be an increase to the rate of VAT to 20% commencing 4 January next year. Is your business geared up for this change? Your business needs to start making its customers aware of the VAT rate change as soon as possible. This will avoid misunderstandings and customer confusion. It is important to…
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After telling clients and contacts to go and join the Federation of Small Businesses (FSB), I have finally got around to joining this myself. The Federation started in 1974 as a lobbying group that protects the interests of small business owners as well as the self-employed. It now has over 213,000 members
So, you have decided to offer credit. What next? It is stating the obvious but it is important to know your customer to do an adequate risk assessment, ensure your invoices are correctly issued and ultimately know who to take legal action against if it all goes horribly wrong! Much of the information required can be obtained by using a…
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