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4 articles
Confirmation of Payee is now a familiar step in many UK bank transfers, but it is often misunderstood. This analysis explains what a partial match means, why invoice scams still catch small businesses, and how the reimbursement rules for authorised push payment fraud work in practice.
A single transposed digit in a sort code can delay a payment, trigger a recall or send money to the wrong account. This field guide explains the anatomy of UK payment details and gives small businesses a practical checklist to use before an invoice leaves the desk.
Bank mandates are an internal control, not an administrative afterthought. This guide explains who can add a payee, who can release a faster payment, what to do when a director leaves, and how to review your authority matrix once a year without a crisis forcing the issue.
Irregular income does not have to mean irregular reserves. This guide sets out a practical split for tax, buffer and living costs, a monthly routine for UK sole traders and limited companies, and how to choose a business savings account without mixing personal and business cash.