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The number of companies facing winding up petitions in England and Wales rose by almost 9 per cent in the first three months of the year, according to official data. The Department for Constitutional Affairs said (more…)
#bankruptcy#insolvency#small business
Large and small businesses alike are making the same incorrect assumption that sending invoices by insecure email attachment is safe…
#e-invoices#invoice#management
The UK government on Thursday faced the prospect of claims for refunds of value added tax and compensation running into…
#HMRC#interest#Two
Analysis by Matt Henderson, recovery and reorganisation partner with Grant Thornton. Insolvency statistics never make pleasant reading. For every company…
#bank#insolvency#interest rates
Turnover of factors, which are members of the Slovak Factoring Association (AFS) has increased by 30 per cent during H1…
#bank#Produce#receivables
Carousel fraud is back in the news and once again it would appear to be on the increase:.... (more…)
#cash-flow#exports#frauds
By Andrew Miles of Pricewaterhouse Coopers, Frankfurt The ministry of finance has issued a decree to the effect that factoring…
#debt collection#risk#security
Small firms' lobby group, The Irish Small and Medium Enterprises Assocation (ISME), has expressed concern at the impact of Irish…
#cash-flow#invoice#smes
The huge VAT fraud on computer parts sales to Britain helped knock more than Ђ11bn off Irish exports last year,…
#economy#exports#i
The Parliament adopted changes to the VAT law yesterday. According to the law, the reduced VAT rate of 5 per…
#interest#interest rates#leasing
Budget 2004 contained few shocks for corporate Northern Ireland: that does not mean that everything in the garden is rosy.…
#interest#management#smes
A slew of changes to the law on value-added tax are being passed by Parliament. Among these are: An easing…
#cash-flow#exporters#regulation
The Bibby Financial Services Group has announced the launch of a national support service for UK businesses. The service, which…
#financial services#management#VAT