Which Business Debts Should You Prioritise During Financial Difficulty? Supplier Pressure, HMRC Arrears and Overdraft Limits
When cash flow becomes tight, company directors can quickly find themselves trying to decide which payment is most urgent. HMRC may be chasing overdue taxes, suppliers may threaten to stop deliveries, and overdraft limits may be reached. Staff wages and other bills keep coming due. When cash is short, it is tempting to pay the […]