Written Question·Department for Business and Trade·UIN 56607
Small Businesses: Billing
Tabled: 2 June 2025
Answered: 10 June 2025
Question
Gregor Poynton
Labour — Livingston
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of e-invoicing for small businesses on reducing payment times.
Answer
Gareth ThomasThe Government is committed to tackling late payments, which can be a major obstacle for small businesses. In September 2024 we announced new measures including a new Fair Payment Code (launched in December 2024), legislation requiring large companies to ...
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