Should I charge my clients VAT?
VAT (Value added tax) is a consumption tax paid by the end customer. It can be complex and time-consuming, with penalties if you get it wrong. Obligatory registration for VAT […] more»
Tax & admin
Freelancers – How to get paid what you are owed, on time
Freelance work can be the perfect gig, but it comes with one big downside: getting people to pay up once the work is done can often become a tough challenge. more»
What is a PO number and why is it important?
A purchase order outlines to a vendor or supplier exactly what the purchaser needs, when they need it by, how much it is going to cost and when payment should be made. more»
Worst offenders to be named and shamed under new late payment system
New proposals could expose large businesses that fail to pay suppliers on time, helping small business owners avoid doing business with repeat offenders. more»
Late payments scandal: Average small business owed 24, 841 in unpaid invoices
The average small UK business owner is owed 24, 841 in late payments on any given day, according to a study of two million invoices. more»
Freelancer’s guide to invoicing: Everything you need to get paid
Sending out clear, concise, well-designed invoices is important to get you paid and making it easy for your clients to pay you is necessary to get you paid on time. more»
HMRC catches VAT fraudster who set up fake companies in 120, 000 scam
A London grocer who used fake companies to claim almost 120, 000 in VAT repayments has been sentenced by HMRC. more»
Waiting on an invoice payment? don’t expect it before Christmas
Today, 13 November, is statistically the last day that SMEs can be guaranteed to get paid in time for Christmas because of habitually late client payments. more»
When your boss sends a suspicious email, what do you do? Impersonation fraudster exposed
Just as we get our heads around phishing tactics, the scammers change the game. When our editorial director sent us an urgent morning email, something didnt seem right. more»
How cyber criminals swindled 77m out of small businesses last year
Small business owners lost 77m last year after cyber-criminals tricked them into making fraudulent payments, according to new figures. more»
