Late Payment

Articles, news and advice on the widespread issue of late payments for UK small businesses. Topics covered include government regulation, debt collection strategies, setting legal deadlines for payment, imposing penalties for delays, and establishing mechanisms for dispute resolution or renegotiation of payment terms.


Small Business Commissioner to act on anonymous tip-offs

The Small Business Commissioner, Liz Barclay, will be able to conduct investigations and write reports based on information and tip-offs.


Late payments watchdog collects less than £1m in past two years

Office of the Small Business Commissoner claws back just £800,000 in late payments since new commissioner took over, saying sums involved are getting smaller


Self-employed hit with interest rate hike on overdue tax bills

HMRC imposes 7.5% interest rate on overdue self-employed tax bills from Monday, July 31


Average wait time to be paid now 31 days

January saw a sharp spike in the length of time clients are waiting to pay overdue invoices to small businesses

Business management

Small Business Minister calls for prompt payment as thousands of firms face closure

The Small Business Minister has made fresh calls for small businesses to be paid promptly by larger companies


Government launches Payment and Cash Flow review

The Payment and Cash Flow review will look at existing payment practices to help stop small businesses being ripped off by larger firms


Typical business loses money for third of year

Nine out of ten small businesses take in less money than they pay out for at least one month a year, according to new research


Late payment could close one in ten small businesses

8% of small businesses face going out of business in 2022 because of late payment by clients, says latest FSB survey of small firms

Business management

Failure to pay an invoice

What can you do if one of your clients is a persistently late payer? Are there steps you can take? Is there support available? Small Business Commissioner Liz Barclay explains there is help at hand

Business management

Liz Barclay answers your questions about late payment

Join Small Business Commissioner Liz Barclay on September 9 for a special Twitter Q&A using the hashtag #AskSBCommissioner


BBC journalist Liz Barclay appointed small business commissioner

Barclay has long history of campaigning for the rights of consumers and small business owners


Big companies must pay small business suppliers within 30 days

Companies will have to pay 95% of small businesses within 30 days, down from 60 days

Finding and selling to customers

How Amazon Ads is supporting entrepreneurs

Digital ad campaigns aren't just for big businesses. Here's why you should be considering it...

Partner content

What are the funding options for hospitality businesses?

Hospitality businesses have faced a number of challenges in the last couple of years. Find out what funding and support is available.


6 types of business funding for UK tech companies

Here we explore six types of business funding that can help your UK tech company expand and reach its goals.

Business Loans

A guide to getting a small business loan

Everything you need to know on what small business loans are and what types of loan are available for your business.