Do you pay your bills on time?

Payment Terms The Government has produced draft regulations that will require ‘large businesses’ to publish their payment terms. And by ‘large business’, it means any company or LLP that meets any two of the following tests: £36+ million turnover £18+ million balance sheet 250 employees or more Originally intended to come into force this April, the law appears to have been postponed until the company’s next financial year beginning on or after 6th April 2017.The regulations will require the disclosure of the following information via an online Government portal within…

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