Debt Recovery & Collection - Taurus Collections

Bad Debt Relief UK VAT: Complete Guide to Eligibility, Evidence Requirements and Bookkeeping Treatment

by Taurus Collections | Sep 22, 2026 | Blog, Debt Recovery & Collection

VAT bad debt relief lets a VAT-registered business reclaim VAT it has already accounted for and paid to HMRC on a supply that remains unpaid. For most current supplies, you must wait six months from the later of the payment due date and the date of supply. The unpaid...

When Should a Business Hand Over Debt Collection?

by Taurus Collections | Jul 10, 2026 | Debt Recovery & Collection

You should hand over debt collection when in-house chasing has clearly stopped working. That usually means the invoice is well past due, the customer has gone quiet, payment promises keep being broken, the sum is affecting cash flow, or your team is spending too much...

Construction Retentions And Late Payment: What Subcontractors Should Do Before Cash Flow Tightens

by Taurus Collections | May 22, 2026 | Debt Recovery & Collection

If you are a subcontractor working in UK construction, the combination of long payment terms, delayed applications, disputed pay less notices and withheld retentions can put serious pressure on your cash flow. Retentions remain one of the most difficult issues in the...

How to Write a Debt Collection Letter Effectively and Professionally

by Taurus Collections | May 13, 2026 | Blog, Debt Recovery & Collection

When a customer stops paying and verbal reminders have stopped working, a well-crafted debt collection letter is often the most powerful tool you have. Get it right and it can prompt payment within days. Get it wrong — too aggressive, too vague or not legally...

A Complete Guide to Debtor Tracing in the UK: Essential Strategies and Legal Considerations

by Taurus Collections | May 4, 2026 | Blog, Debt Recovery & Collection

You’ve sent the letters. You’ve made the calls. You’ve left voicemails that have never been returned. And then one day, you try to contact your debtor and find that the phone number no longer works, the business address is empty and there’s no...

What Is Skip Tracing in Debt Collection?

by Taurus Collections | Apr 17, 2026 | Blog, Debt Recovery & Collection

When a customer owes you money but suddenly goes quiet, the problem is not always the debt itself. Sometimes the real issue is that you can no longer reach the person or business contact responsible for paying it. Letters come back, emails bounce, phone numbers stop...

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