United Kingdom · Question · Written question
UIN 52008
Small Businesses: Billing
Introduced
20 September 2022
Last action
26 September 2022 · Answer
Status
Answered
Sponsors
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Subjects
Discovery layer
Source updated
26 September 2022
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he is taking steps to ensure that the audit reform bill will help support small businesses resolve late payment issues.
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Timeline
20 September 2022
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he is taking steps to ensure that the audit reform bill will help support small businesses resolve late payment issues.
Source: Commons
26 September 2022
Answer
The Government already has a range of measures in place to help small businesses resolve late payment issues. The Late Payment of Commercial Debts (Interest) Act 1998 gives businesses a right to statutory interest and debt recovery costs if not paid on ti...
Source: Written answer
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- · Department for Business, Energy and Industrial Strategy · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-09-20/52008
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1506861
- uk · wq-1506861 · source updated 26 September 2022