Nearly one in twelve SMEs have missed tax payment deadlines

Nearly one in 12 SMEs, around 440,000 firms, say they have missed tax payment deadlines in the past year with a third of them admitting to missing five or more, new research from Premium Credit. The study with SME owners and managers found 8% of the UK’s 5.55 million SMEs have missed tax payment deadlines for…

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Average cost of starting a new business is £16,000

The average cost of starting of starting a new business costs entrepreneurs on average £16,000 with many relying on personal savings according to new research by Zempler Bank. The research looked at recent data from the Department for Business and Trade which shows that microbusinesses (0-9 employees) and sole traders make up 5.3 million of…

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Commercial Credit & Collections Conference Review

Credit Connect Media hosted the return of its Commercial Credit & Collections Conference last week at the Met Hotel in Leeds which saw trade credit, insolvency, and economic change and discussed by fourteen leading credit, collections and insolvency professionals. In the sixth edition of the Commercial Credit & Collections Conference series, hosted by Credit Connect…

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