Running a business in the UK is challenging enough without the added stress of unpaid invoices. Many small and medium-sized enterprises (SMEs) face this issue, with…
The HMRC is adjusting interest rates, lowering charges on overdue tax payments to 7.25% from 18th November. While this may seem advantageous, the reduction highlights a…
As the Labour party reaches its 100th day in office, ACCA underscores crucial economic growth priorities.The government’s recent actions, including addressing late payments and appointing a…
Recent figures indicate a worrying surge in UK corporate insolvencies, marking a 30-year high.In 2023, corporate insolvencies in the UK rose by 14%, reaching over 25,000…
The Association of Chartered Certified Accountants (ACCA) has expressed approval of the recent governmental measures targeting late payment issues in the UK.Late payment challenges have been…
The UK government has announced new measures targeting large companies that delay payments to small businesses. These initiatives aim to improve transparency and accountability in corporate…
The UK government is taking decisive action against large corporations that delay payments to small businesses, causing significant financial distress to these entities.Recent research highlights that…
A comprehensive report reveals a troubling trend of late invoice payments in the transport and logistics sector.Nearly 46% of invoices in this industry are settled past…
Providence Building Services emerges victorious in a legal battle over contractual disputes.Despite persistent late payments, Providence faced accusations of prematurely ending their contract.Hexagon Housing Association failed…
In the face of pressing challenges, the National Federation of Builders (NFB) has outlined a robust call to action for the next UK government.The NFB’s manifesto…
