If you are a sole trader now is the time for a Spring Clean of all bad debts. If bad debts have been left unresolved after the 5th April 2015, you will end up paying tax on money that has not been paid.
A Tory councillor is standing for election in Bolton, despite having been investigated last year for late payment of council tax.
The upcoming 2015 Budget speech on March 18th is an opportunity for final fiscal measures to be put in place before the election, and late payment is still on the agenda.
The notion that ‘together we are stronger’ underpins many of the organisations and groups to which the UK’s smallest businesses and sole traders belong.