Report
![Wesleyan Mind the VAT]()
Mind the VAT
UK SMEs are currently owed an eye watering £26.3 billion, with almost half failing to be paid on time with the average late payment debt now standing £32,185.As VAT must be paid irrespective of whether or not the payment’s been received, the pressure of late payments can have a devastating effect. In an unpredictable and potentially volatile business environment, there is a glimmer of hope…
