National Minimum Wage rates will increase on 1 April 2018. The average increase will be about 4.5%

 
You might wish to think twice about becoming self-employed in March. If you have any trading activity, then there will be a requirement to file an income tax return for the year ended 5 April 2018. If you delay starting until 6 April, then your first tax return will be for the next year ended 5 April 2019.

Talk it over with an accountant if you are not sure. Perhaps there is a good reason to start in March after all, but make sure that you have some clear ideas.

This advice applies to sole traders and partnerships. It does not apply to companies which start in March which are taxed under a different system.

 
It is quite common to invoice a customer with terms of “30 days or net monthly account”. Small customers will be expected to pay within 30 days, while large customers will be expected to pay at the end of the month following the month of the invoice, so an invoice sent in January 2018 would be settled by 28 February 2018. Large companies do it this way because they may receive several invoices from a supplier, and will want to settle all of them with a single payment when they do their computerised cheque run. It would therefore be a good idea for the supplier to have sent a statement at the start of February listing all outstanding invoices. Typically the cheque run would be about the 25th of the month, or this February the 23rd, the date of this posting. If you give credit and have debts to collect, then you might like to have a discussion with us. Most accountants are also general business advisers as well.

 
It is quite common to invoice a customer with terms of “30 days or net monthly account”. Small customers will be expected to pay within 30 days, while large customers will be expected to pay at the end of the month following the month of the invoice, so an invoice sent in November 2017 would be settled by 31 December 2017. Large companies do it this way because they may receive several invoices from a supplier, and will want to settle all of them with a single payment when they do their computerised cheque run. It would therefore be a good idea for the supplier to have sent a statement at the start of December listing all outstanding invoices. Typically the cheque run would be about the 25th of the month, or this year the 22nd, 27th or 28th, the date of this posting. If you give credit and have debts to collect, then you might like to have a discussion with us. Most accountants are also general business advisors as well.

 
It is quite common to invoice a customer with terms of “30 days or net monthly account”. Small customers will be expected to pay within 30 days, while large customers will be expected to pay at the end of the month following the month of the invoice, so an invoice sent in October 2017 would be settled by 30 November 2017. Large companies do it this way because they may receive several invoices from a supplier, and will want to settle all of them with a single payment when they do their computerised cheque run. It would therefore be a good idea for the supplier to have sent a statement at the start of November listing all outstanding invoices. Typically the cheque run would be about the 25th of November, the date of this posting. If you give credit and have debts to collect, then you might like to have a discussion with us. Most accountants are also general business advisors as well.

 
It is quite common to invoice a customer with terms of “30 days or net monthly account”. Small customers will be expected to pay within 30 days, while large customers will be expected to pay at the end of the month following the month of the invoice, so an invoice sent in September 2017 would be settled by 31 October 2017. Large companies do it this way because they may receive several invoices from a supplier, and will want to settle all of them with a single payment when they do their computerised cheque run. It would therefore be a good idea for the supplier to have sent a statement at the start of October listing all outstanding invoices. Typically the cheque run would be about the 25th of October, the date of this posting. If you give credit and have debts to collect, then you might like to have a discussion with us. Most accountants are also general business advisers as well.

 
It is quite common to invoice a customer with terms of “30 days or net monthly account”. Small customers will be expected to pay within 30 days, while large customers will be expected to pay at the end of the month following the month of the invoice, so an invoice sent in August 2017 would be settled by 30 September 2017. Large companies do it this way because they may receive several invoices from a supplier, and will want to settle all of them with a single payment when they do their computerised cheque run. It would therefore be a good idea for the supplier to have sent a statement at the start of August listing all outstanding invoices. Typically the cheque run would be about the 25th of September. If you give credit and have debts to collect, then you might like to have a discussion with us. Most accountants are also general business advisors as well.

 
It is quite common to invoice a customer with terms of “30 days or net monthly account”. Small customers will be expected to pay within 30 days, while large customers will be expected to pay at the end of the month following the month of the invoice, so an invoice sent in July 2017 would be settled by 31 August 2017. Large companies do it this way because they may receive several invoices from a supplier, and will want to settle all of them with a single payment when they do their computerised cheque run. It would therefore be a good idea for the supplier to have sent a statement at the start of August listing all outstanding invoices. Typically the cheque run would be about the 25th of August. If you give credit and have debts to collect, then you might like to have a discussion with us. Most accountants are also general business advisors as well.

 
It is quite common to invoice a customer with terms of “30 days or net monthly account”. Small customers will be expected to pay within 30 days, while large customers will be expected to pay at the end of the month following the month of the invoice, so an invoice sent in June 2017 would be settled by 31 July 2017. Large companies do it this way because they may receive several invoices from a supplier, and will want to settle all of them with a single payment when they do their computerised cheque run. It would therefore be a good idea for the supplier to have sent a statement at the start of July listing all outstanding invoices. Typically the cheque run would be about the 25th of July. If you give credit and have debts to collect, then you might like to have a discussion with us. Most accountants are also general business advisers as well.

 
It is quite common to invoice a customer with terms of “30 days or net monthly account”. Small customers will be expected to pay within 30 days, while large customers will be expected to pay at the end of the month following the month of the invoice, so an invoice sent in May 2017 would be settled by 30 June 2017. Large companies do it this way because they may receive several invoices from a supplier, and will want to settle all of them with a single payment when they do their computerised cheque run. It would therefore be a good idea for the supplier to have sent a statement at the start of June listing all outstanding invoices. Typically the cheque run would be about the 26th of June. If you give credit and have debts to collect, then you might like to have a discussion with us. Most accountants are also general business advisors as well.