Dealing with business debts
Setting up a new business can be difficult and expensive. It's important to plan your budget carefully to try and avoid any problems or unexpected costs.
If you're struggling to manage your business costs or personal debts, please contact Business Debtline. They offer specialist help to the self-employed, including advice on tax implications, court proceedings and business liabilities. They’ll also be able to help with any personal debts.
Call them on 0800 197 6026. They’re open Monday to Friday 9am to 8pm.
Our self-employed debt advice page also provides information on what business costs you need to pay first, whether you're a sole-trader or a limited company and what happens if you don't pay tax, VAT or National Insurance (NI).