HMRC Debt Management

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If you owe tax and can’t pay it, you need to establish a debt management regime to achieve a payment plan that you can manage. If possible, talk to an expert advisor who understands how the system works, knows HMRC’s operating procedures and has substantial experience of advising people in your position. HMRC has an entire section called the Debt Management and Banking department (DMB), and a professional will know exactly how this department works, and how to approach them. Continue reading

Organise Your Business – Where Should Your Main Focus Lie?

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From long-established businesses to new start-ups, maintaining and expanding your business is a time-consuming and often stressful occupation. If you have the drive and commitment to your business as well as a good head on your shoulders and a sensible budget for the company, you have all the necessary starting ingredients for the future. Unfortunately, it can be a little harder to practically set this plan in motion, particularly if you are busy providing your own services to your client base. Continue reading