Are your debtors crippling your cashflow and you are struggling with chasing payments in from your customers? You could minimise the risk of bad debts by collecting them much earlier.
The government have plans to accelerate tax payments for businesses. These plans will affect all businesses who pay tax under self assessment and includes companies.
If you are one of the people who still haven’t filed their self assessment tax return, or your accountant has filed your paperwork and you haven’t yet paid your tax then you might want to read this.
A large transition in 2016 will be the introduction of the National Living Wage to businesses both large and small.