Changes to prompt-payment code aim to end late payments

2021-03-29T09:16:09+00:00

Thousands of small businesses that face severe cashflow problems due to late payments stand to benefit from changes to the prompt-payment code. The Government has strengthened the prompt-payment code so that 95% of invoices from smaller suppliers must be paid within 30 days from 1 July 2021. This has been halved from [...]