Call for government to consider UK regs to help ensure big businesses pay SMEs on time

By James Harkness · 8 February 2017 · Cashflow

Call for government to consider UK regs to help ensure big businesses pay SMEs on time

Full details: Call for government to consider UK regs to help ensure big businesses pay SMEs on time

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Summary

The Coalition has been urged to follow the example set by the UK Government and introduce legislation to deter big business from making late payments to SME suppliers. From April 2017, large companies and limited Liability Partnerships (LLPs) in Britain will be required by law to publicly report twice a year on their payment practices […]

Tags: Alan Osrin, CreditorWatch, late payment, MYOB, payment default, Sage Australia