News - February 2010
'Time to pay' tops £4.3billion
Struggling companies have now deferred paying £4.3billion of tax, according to the latest figures from HM Revenue and Customs (HMRC).
Recession over – at last
As widely predicted, it has recently been confirmed that the UK did indeed exit its longest recession on record in the last quarter of 2009, but any celebrations were somewhat muted as most experts still predict a tough few months ahead.
Bankruptcy to be made easier?
Debtors may be able to file for bankruptcy online or by post, under new proposals for the Insolvency Service to 'streamline' the current system.
The importance of a credit control policy
With debtors as the largest asset on the balance sheet, efficient and professional credit management is essential for maximising profitability. Just as it is important to manage production, sales and stock, so it is important to manage credit.
To find out more about our outsourced credit control services, please contact us.
