Government proposals to give more powers to the Small Business Commissioner (SBC) to help small firms with late payment
proposed new powers include ordering businesses to pay in good time and issuing fines if they do not, ordering companies to share information on payment practices and the power to launch investigations
£23.4 billion worth of late payments currently owed to small businesses in the UK, impacting on cash flow and threatening the survival of small firms during the COVID-19 pandemic
Find out more on:
If you would like more support, please contact one of our team.