Finance & Tax

Small business tax mistakes

07.08.08 : Max Newnham

When it comes to tax mistakes a business owner can make, there are many. But three stand out as the most repeated and the easiest to avoid: hiding cash, lack of cash- flow management and borrowing tax ineffectively when there is not enough cash.

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My debtors are taking more than 75 days to pay me even though my terms are 30 days. What can I do to speed up my cash collection?
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