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The Late Payment archive.

Accounts & Tax

Microbusinesses spent 10 weeks handling financial admin in 2019

Financial admin is time-consuming for micro firms – and it's not helped by late payments. Here's how to protect your business against them.

Outlook

Labour to stop rollout of Making Tax Digital to all small businesses if it wins

Labour publishes 20 Pledges to Business bringing together all its reforms to help small businesses, including creation of Business Development Agency

Outlook

SME owners have pumped £12k of their own cash into their businesses

SME owners have ploughed thousands of pounds into their businesses, but many still see them folding in the next five years

Accounts & Tax

Ex-small business commissioner blames Whitehall for pushing him out

Paul Uppal, who stepped down in October, says government ignored his office, which he says needs more resources to tackle scourge of late payments

Accounts & Tax

Sajid Javid warns Labour will extend inheritance tax to family businesses

Chancellor warns that Labour wants to stop family members inheriting small businesses – Labour denies any such plans as part of business taxes review

Questions & Answers

Small Business Minister Kelly Tolhurst – ‘Tech is key to solving productivity’

Small Business Minister Kelly Tolhurst talks to Smallbusiness.co.uk about late payments, productivity and what to expect from the Business Finance Council

Outlook

Paul Uppal steps down as Small Business Commissioner

Paul Uppal is no longer in his role as Small Business Comissioner due to a conflict of interest over a banking redress service.

Outlook

SMEs say late payments are a greater issue than they were a year ago

The latest ICAEW figures reveal another consecutive month of negative business confidence and a concerning rise in issues with late payments.

Accounts & Tax

Late payers to small business could be barred from public sector contracts

Some of the biggest Government outsources face being axed from public-sector contracts if they fail to start paying small businesses on time

Accounts & Tax

Government must halve late payments window to 30 days, urge experts

Government clampdown on large companies abusing late payments to small businesses do not go far enough, complain professional bodies

Accounts & Tax

Large businesses could be fined for failing to pay SMEs on time

Government announces new £1m fund to help small businesses migrate to digital payments and invoicing, beefs up powers of Small Business Commissioner

Accounts & Tax

How to tackle late payments to your small business

Late payments cost small business owners £6.7bn a year just chasing overdue invoices. Antti-Jussi Suominen offers solutions as to how to handle late payments

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4 small business functions that must be automated for greater profits

Can technology help you create more efficient business models? In this article, we explore how you can use technology to boost your business

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It’s time the UK’s small businesses got the seamless communications and collaboration tools they need

Why seamless collaboration is crucial for UK small businesses and what tools can help

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Flexible work is making cybersecurity tougher for UK SMBs. It’s time they got the tools, and the platform, to defend themselves

The cybersecurity landscape for small businesses and the tips and tools that can help

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How to enhance your customer and employee experiences using Uber Vouchers

This article explains how Uber Vouchers can enhance both your customer and employee experience