Debt – Top Tips for a fresh start in 2019

 January can be a difficult time for business owners as they are required to submit their annual tax return and face the prospect of a significant tax bill.

Matters can be even tougher for those directors and owners who are spending more than they earn.

Whether their overspending is the result of covering business debts, or due to shelling out for an expensive Christmas, it is not uncommon to see a surge in personal insolvencies amongst business owners early on in the year.

With so many uncertainties on the horizon in 2019, what should businesses owners be on the lookout for and how can they reduce their own personal spending habits to ensure they don’t become trapped in debt.