Self Employed

[frank]

If you are self employed or just starting out then this free advice from the UK Government may be helpful http://www.payontime.co.uk/collect/c..._whycheck.html

[abdulazman]

You got any info on other goverment org.?
lol mate.

[Argus]

Useful site, Frank. Thank you.

I've got a bee in my bonnet at the moment about the time it take to clear cheques. The 3 day rule is a fraud when it extends to over a week for some Scottish banks and building Societies/Banks.

It's estimnated that there is anything up to ?30M in clearing houses at any one time. Work out the interest and you can see why the banks don't want to change.
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Corolla E110

[frank]

Argus

I understand that it takes 10 days to clear a cheque through a Building Society (from having to pay one of my employees by BACS) - why so long?

[Argus]

Argus

I understand that it takes 10 days to clear a cheque through a Building Society (from having to pay one of my employees by BACS) - why so long?

Beats me, Frank.

I thought a week was bad enough.
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hashish

[Abe]

The Banks make 60 million in interest through the present system

The ball is in their court

Any wonder why the reluctance to change???