Credit control is a vital function of businesses large and small. As important as it is though it can be a chore chasing payments and dealing with client excuses, but by having procedures in place to deal with these eventualities it can be made a lot easier. In this article we give you some pointers as how to do this and why they are important
The Small Claims Court exists for consumers and businesses alike to settle commercial disputes. The process is relatively straight forward, but it always helps to take expert advice on whether the risk of claiming is outweighed by the reward in winning. TFMC have produced a handy article that should help you in your decision making.
Entrepreneurs' relief is one of the methods the government uses to incentivise individuals to set up in business and to innovate. Once a business has gone from a start up to a successful enterprise then the owners may wish to sell up and reap the rewards of all their input and effort. This is the stage where Entrepreneurs' relief comes into play and here we explain what you need to know and some important do's and dont's
Employee Benefit Trusts until recently have been a popular method to avoid tax on personal income. This particular technique has now been effectively made redundant by the introduction of a "loan charge" on these type of payments. This is bad enough for the people who used it, but what is worse is that this charge is going to retrospectively apply back until 1999, potentially landing them with an enormous and unaffordable tax bill. In this article we examine this topic in greater detail and explore what your options are if you are affected.