Late Payment in Scotland…No More?
Umbrellas are very popular in Scotland. “It rains a lot.” Umbrella Companies are not so popular, but we do have a small but loyal following.
Contractors to Finally Get Paid on Time…Maybe
I reported right here on this blog about how contractors spend an average of 20 days a year chasing clients for late payments. Sometimes they never get paid.
Boss of Twitter Launches Payment System in the UK
We all know how frustrating it can be for small businesses, freelancers, contractors and gig workers to get paid by clients, but there could be a solution.
Government extends Prompt Payment code to help contractors
The Government has announced that it will be extending the Prompt Payment Code to help contractors and other sole traders cope with the horrors of late payment.
Enough with late payment to contractors, industry bodies say
Trade industry bodies have come out of the woodwork lately demanding an end to late payment, one of the major thorns in the side of the self-employed in the UK.
Limited company contractors get tough on debtors
Private sector suppliers, including limited company contractors, are focusing increasingly on their cashflow and threatening clients with legal action if they do not settle their invoices in a timely manner.
UK umbrella company contractors unhappy with personal taxation
The Times newspaper recently asked readers to rank the UK against five key competitors for tax, business friendliness, infrastructure, skills and workforce.
Large corporations still appear reluctant to settle debts
London and the South East of England top the late payments league, according to the latest study from Bacs.
Late payments continue to burden recruiters and contractors
Late payments increased by 16%, to 25.7 days, in the final quarter of last year, a situation which had an adverse affect on some recruitment companies.
Contractors may have to wait longer for settlement
Rather than reversing the trend for late payments, a new directive from the EU could actually make matters worse, according to the FPB.
Who will police the police over late payments?
The latest public body to come under fire for late payment of invoices is the police force.
