Timely payment: call for evidence
Executive summary
AAT members were unable to highlight any significant benefits to their clients that new timely payment arrangements would deliver, which was indicative of their uniform opposition to the proposals.
Significant concerns were raised about the impact on those already struggling to pay bills and manage cash flow, especially individuals and small businesses, many of whom are likely to find any new timely payment obligations extremely challenging.
Related consultation responses
Late payments consultation: tackling poor payment practices
Late payments are not just an inconvenience – in this difficult economic climate, getting paid on time can be the difference between survival and closure.
Autumn Budget 2025 representation
This sets out AAT's position on skills, financial literacy, taxation, professional standards, financial access, late payments and digital adoption.
Small business strategy: Business and Trade Select Committee inquiry
We recognise the recent progress made but further action is needed to address barriers to growth for small businesses. Late payments remain a major issue.
