New legislation coming into force during 2016 will allow small companies to secure freedom from restrictive clauses preventing the use of invoice finance against money owed. more»

New research from Sage found that more than two thirds of firms (68 per cent) were waiting 60 days for payment, and over half were waiting longer than 90 days. The majority feel 30 day payment terms could make a big difference. more»

The Conservatives have confirmed the introduction of a new small business commissioner to help prompt a culture change regarding how small business disputes with larger companies are resolved. more»

Independent professionals are feeling confident in both the economy and their own businesses, according to the latest Freelance Confidence Index from IPSE. more»

The chancellor has commissioned a study into reforms which could see the creation of a single earnings tax. This could mean the end of income tax and National Insurance as we know them, and would mean the tax system would undergo significant changes. more»

Many of the UK's self-employed workers end up chasing 200 a month in late payments from customers who don't have cash in hand to settle up their bills. more»

If you are running your own business, chances are you are doing just that. Running. Running from one meeting to the next, running between suppliers and customers and dealing with your staff. Before you know it you are hurtling at full pace towards another financial year-end. more»

We will all be familiar with the saying " nothing is certain but death and taxes". As any business owner knows, it's stressful enough running your own business so it's crucial to have an expert to hand when it comes to tax matters. more»

Following those tips will ensure timely payment of your invoices as a micro or small business owner key to achieving healthy cash flow. more»

You could easily go through life without knowing what an invoice is, as in our everyday lives as consumers we deal almost entirely in instantaneous transactions. more»