Government Initiatives

Official review for controversial loan charge

Decision expected by mid-November.

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New prompt payment rules take effect

Government suppliers must pay 95% of invoices in 60 days.

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Tax investigations net HMRC £13.14bn

Record yield of £627.9bn tax revenue collected in 2018/19.

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Ending late payments to small businesses

Government announces measures to improve payment practices.

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Over-65s face social care timebomb

ABI proposes tax exemptions to support self-funding.

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New measures to prevent late payments

Large businesses could be fined for poor payment practices.

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NAO: Most buyers did not need help-to-buy equity loan

31% households could have purchased a property they wanted.

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FSB calls for late payment reforms

Poor payment ‘affects 80% of small businesses’.

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Construction industry warned about late payment rules

Late-paying companies could lose out on government contracts.

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Government to protect cash payments

Cashless trend hurts SMEs, FSB says.

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