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»

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»

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»

New proposals could expose large businesses that fail to pay suppliers on time, helping small business owners avoid doing business with repeat offenders. more»

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»

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»

A London grocer who used fake companies to claim almost 120, 000 in VAT repayments has been sentenced by HMRC. more»

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»

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»

Small business owners lost 77m last year after cyber-criminals tricked them into making fraudulent payments, according to new figures. more»