Proposed reforms to tackle late payments welcomed by cross-party group of MPs

By Will Ing2018-10-30T06:00:00

Recommendations made by the Association of Accounting Technicians as part of call for evidence by business department

A cross-party group of politicians has backed proposed measures to stop big firms making late payments to their supply chain.

The Association of Accounting Technicians (AAT) has made three recommendations to clamp down on late payers through changes to the government’s Prompt Payment Code.

The reforms have been recommended to the Department for Business, Energy and Industrial Strategy (BEIS) as part of its call for evidence on how to create a responsible payments culture in the UK.

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