I am a sole trader.
I am owed a considerable amount, for more than two years, by one client.
Despite my best efforts, it now looks like I won't be paid.
What are my options?
I don't really want to go the legal route - too much stress and hassle.
Can I write off the amount owing against my next tax bill?
Any other options?
I'm sure this must be a common issue in the current climate, so I would be interested in any feedback.
Many thanks.
D.
I am owed a considerable amount, for more than two years, by one client.
Despite my best efforts, it now looks like I won't be paid.
What are my options?
I don't really want to go the legal route - too much stress and hassle.
Can I write off the amount owing against my next tax bill?
Any other options?
I'm sure this must be a common issue in the current climate, so I would be interested in any feedback.
Many thanks.
D.