The government has announced an important change to a law, and a new budget modification for this Friday. On the one hand, the law limiting payments in cash of over €2,500 will be changed to drop this to just €1,000. This means it will be illegal to pay bills over €1,000 in cash when one of the participants is a fiscal entity (company). And large companies (and those who file their IVA return on a Continue reading Tax on booze and fags up, no payments over €1000 in cash
Used to be the case that if you landed a contract with a townhall you could relax in the knowledge that you’d be paid. You didn’t know when you’d be paid, but at least you’d be paid. Of course, now with the la crisis, townhalls pay infrequently and late. The problem was so great that in 2012 it was deemed to be one of the biggest causes of failures amongst small businesses, and the central Continue reading How long do townhalls take to pay suppliers?