Becoming a landlord – think before you act

Becoming a landlord – think before you act

The private renting sector has more than doubled since 2001, with homeowning becoming increasingly more unaffordable for the younger generation. Currently, there are around 5.4 million privately rented households in the UK and this figure predicted to continue to rise. Of course, this means more people are looking into becoming private landlords and why not?… Read more…

VAT refunds if your customer won’t pay

VAT refunds if your customer won’t pay

Many business owners feel like all they do is chase up customers on their invoices. When you’ve provided goods or services, you deserve to be paid. But when they refuse, or if your client goes bust, the chances of getting what you’re owed are slim. This can greatly affect your cashflow, but you don’t need… Read more…

Unexpected pension tax bills

Unexpected pension tax bills

Tens of thousands of Britain’s top earners will be hit with unexpected pension tax bills as a result of a change to the annual pension tax-free savings allowance made in 2016. The vast majority of Britons can pay up to £40,000 into a pension pot each year. Payments they make enjoy a considerable amount of… Read more…

The late payment crisis

The late payment crisis

SMEs across the UK are currently owed over £25 billion in unpaid invoices, according to direct-debit company Bacs. More than 60% of invoices issued by the small and medium-sized enterprises were paid late last year, suggesting the ‘late payment crisis’ is only getting worse. Research from fintech firm MarketInvoice shows that three in ten invoices… Read more…