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Blog

The Accountants for Growth

How do we get into debt?

How do we get into debt?

This week we held a Business Builder Forum on the subject of debt which many of us face in our business and personal lives. The Forum was enjoyed by all the delegates who gave us great feedback and I now share some of the most significant points in the blog.

 

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Debt Collection for your Business

Debt Collection for your Business

Every company wishes it had a full list of reliable clients that always paid on time. In all businesses, prompt payments are received gratefully and late payments are dreaded, therefore credit control and debt management are important to ensure a constant and steady cash flow. Keeping on top of company billing, income and expenditure is really important to help understand how financially successful your business is; something we would love to help you achieve.

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HMRC New Debt Recovery Plan

HMRC New Debt Recovery Plan

News has just broken today on the new powers granted to H.M. Revenue & Customs to collect overdue tax by dipping directly into taxpayers’ bank accounts.


The Revenue has assured there are safe guards to protect against possible errors, for instance, the Treasurer has stated that HMRC will only to take the money after four ignored requests, if the amount is more than £1000 and if £5000 remain in the bank after the transaction is made.*

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