Tag

Late Payment

The Late Payment archive.

Accounts & Tax

Tackling late payment: First-hand advice from small businesses

In this article in association with the Federation of Small Businesses, we look at how businesses are managing the problematic situation of being paid late.

Accounts & Tax

New study shows extent of late payment crisis in UK

Nearly a quarter of all small and medium-sized enterprises in the UK are facing a potential financial crisis due to late payment of invoices, new research finds.

Outlook

Late payment worsens for businesses year-on-year

Businesses paid bills a day later during the second quarter than at the same point last year, research finds.

Accounts & Tax

Conquering late payment

Clive Kahn, CEO of payment solutions company CardSave, considers how small businesses can combat the UK's late payment culture.

Accounts & Tax

Survey: Corporates to blame for late payment

Large corporates are most responsible for the late payments making up the £24 billion owed to British small and medium sized enterprises, research finds.

Accounts & Tax

Chasing bad debt

I am a freelance designer and I find it impossible to get people to pay me on time. What’s worse, I often end up taking a discount on what I have charged just to get paid because I am short of money. What can I do?

Legal advice

Ensure you set your payment terms

Small firms should clarify terms of business with their large customers from the outset of their trading relationship according to Clive Lewis, chairman of the Better Payment Practice Group (BPPG) - a service providing free advice on credit management.

Law

Late payments legislation due for early delivery

A European Commission Directive that gives businesses the right to claim interest on late payments will come into effect on 7 August 2002, three months earlier than envisaged.

Opportunities

Larger companies lag behind in payment performance stakes

UK companies are now the second fastest at paying their bills, in Europe.

Masterclass Series

The funding landscape

This article from Tracc looks at the changing funding landscape and how business owners can improve their chance to secure funding themselves

Partner content

5 tools to help monetise your content in 2022

We explore five online tools that you can use to help you monetise your content in 2022

Partner content

Tooling up for hybrid

Equipping your people with the best technologies for the hybrid workplace

Partner content

Securing your business in the hybrid workplace

Ensure your business is prepared for the increasing threat of cybercrime