Late Payment

‘Awkwardness Not Urgency’ Sees UK’s Smallest Firms Paid Late by a Year

‘Awkwardness Not Urgency’ Sees UK’s Smallest Firms Paid Late by a Year

The smallest firms in the UK are being paid late, in some cases by over a year, due to a…
Looking at the Small Business, Enterprise and Employment Act 2015

Looking at the Small Business, Enterprise and Employment Act 2015

Last week, the Small Business, Enterprise and Employment Act 2015 gained royal assent, meaning broadly speaking, the various measures that…
Pay on time? No, I’ve opted out…

Pay on time? No, I’ve opted out…

In a frankly astounding turn of events, Debt Guard Solicitors have proposed introducing a right for big businesses to opt…
Prompt Payment Discounts could be ruled out by VAT laws

Prompt Payment Discounts could be ruled out by VAT laws

Changes to the way companies calculate the VAT on invoices that are subject to Prompt Payment Discounts could effectively rule…
Payment terms over 30 days ‘should be banned’

Payment terms over 30 days ‘should be banned’

A fundamental characteristic of late payment legislation so far has been its voluntary nature - nobody forces big businesses to…
Patching up the Prompt Payment Code

Patching up the Prompt Payment Code

It doesn't matter how much you like a bucket; if it won't hold water anymore, it's time to get a…
Premier Foods Named and Shamed on Exceedingly Bad Payment Practices

Premier Foods Named and Shamed on Exceedingly Bad Payment Practices

Premier Foods - owners of the Mr Kipling brand, along with several other household names - have encountered their fair…
You’re fired! Why Lord Sugar wants more done on late payments

You’re fired! Why Lord Sugar wants more done on late payments

Lord Sugar, the artist formerly known as Sir Alan, has made his feelings on late payments very clear - and,…
Zombie businesses ‘try to run before they can walk’

Zombie businesses ‘try to run before they can walk’

  The zombie apocalypse could be coming sooner than you think, with R3, the Association of Business Recovery Professionals, warning…
Chocolatier Threatens Tesco With Winding-up Petition

Chocolatier Threatens Tesco With Winding-up Petition

A dairy-free chocolatier was forced to threaten supermarket giant Tesco with a winding-up petition after they failed to pay for…
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