Late Payment Act Not Being Used by Small Businesses
An article in the Sunday Times says the average delay in invoice payments has increased from 59 days last year,
An article in the Sunday Times says the average delay in invoice payments has increased from 59 days last year, to 62 days this ye ar according to a survey from Experian. A further survey by Nat West claims only 5% of small businesses have used the Late Payment Act to charge ‘large companies’ default interest.
