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Director banned after firm closes with £1.3m of debt

A Director has been handed a 6 year ban from being a Director after his company was forced to close amid masses of unpaid...

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sme late payment

MP’s report suggests new Business Late payment Laws

The Government should introduce a tougher regime to tackle larger companies who treat small businesses ‘disgracefully’ by enforcing long payment terms or paying their...
uk debt collection service

Scrapped UK Debt Collection service cost Taxpayers £18m

The true cost of a new UK Debt Collection scheme that was scrapped in September, has been revealed following a freedom of information request...
business invoices unpaid

Nearly 50% of British Business Invoices overdue

British Business is continuing to suffer from a damaging late payment culture. Britain has a greater level of overdue invoices in comparison with Businesses...

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Police issue warning of Debt Collection fraud scam

Police in South Yorkshire have seen a rise in the number of debt fraud scam phone calls. Following a surge in reports, Police have...

Football Insolvency Appeal Rejected by HMRC

Following its High Court loss against the Football League over a controversial football insolvency law, the taxman has decided to ...

17% of people retiring this year will be in debt

According to research conducted by Prudential, 17% of people retiring this year will have debts outstanding, averaging around £24,800 each. These startling figures give cause...

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HMRC accused of aggressive Debt Collection practices

HM Revenue and Customs is adopting increasingly aggressive Debt Collection strategies in respect of firms overdue on VAT payments, experts warn.

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