{"id":1708,"date":"2015-01-08T09:57:12","date_gmt":"2015-01-08T09:57:12","guid":{"rendered":"http:\/\/my-brains.co.uk\/jackross\/?p=1708"},"modified":"2015-01-05T16:00:23","modified_gmt":"2015-01-05T16:00:23","slug":"government-proposals-tackle-late-payment","status":"publish","type":"post","link":"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/","title":{"rendered":"Government proposals to tackle late payment"},"content":{"rendered":"<p>Large companies could be forced to publish information about their payment practices, under government proposals designed to combat late payment.<\/p>\n<p>The measures would oblige large businesses and companies listed on stock markets to:<\/p>\n<ul>\n<li>issue quarterly reports on payment performance<\/li>\n<li>make public additional information about payment practices<\/li>\n<li>put payment information on their website.<\/li>\n<\/ul>\n<p>Companies would face fines if they do not comply with the requirements.<\/p>\n<p>Philip King, chief executive of the Institute of Credit Management, said:<\/p>\n<p>&#8220;Small businesses need to make better informed decisions before entering into commercial relationships and this measure will be invaluable in helping them enter into such relationships with their eyes wide open.&#8221;<\/p>\n<p>A separate survey by the Federation of Small Businesses (FSB) found that 17% of FSB members have suffered from poor payment practices over the last 2 years.<\/p>\n<p>The most disliked payment practices according to the FSB survey were:<\/p>\n<ul>\n<li>&#8216;pay to stay&#8217; fees where businesses have to pay to remain on supplier lists<\/li>\n<li>long payment terms<\/li>\n<li>late payments<\/li>\n<li>prompt payment discounts<\/li>\n<li>retrospective discounting where change terms after a contract has been signed.<\/li>\n<\/ul>\n<p>John Allan, national chairman of the FSB, said:<\/p>\n<p>&#8220;\u2026small businesses are fast approaching the breaking point. They are no longer prepared to put up with these sharp practices. Brands that think they can continue to squeeze their suppliers with impunity may get a nasty shock when what they are doing comes to the attention of their consumers.&#8221;<\/p>\n<p><strong><em>Are late payments causing you cashflow problems? <a title=\"Contact Us\" href=\"http:\/\/my-brains.co.uk\/jackross\/contact-us\/\">Call us to discuss your situation.<\/a><\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Large companies could be forced to publish information about their payment practices, under government proposals designed to combat late payment. The measures would oblige large businesses and companies listed on stock markets to: issue quarterly reports on payment performance make public additional information about payment practices put payment information on their website. Companies would face&hellip;&nbsp;<a href=\"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Government proposals to tackle late payment<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":""},"categories":[3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Proposals to tackle late payment - Jack Ross<\/title>\n<meta name=\"description\" content=\"Large companies could be forced to publish information about their payment practices, under government proposals.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Proposals to tackle late payment - Jack Ross\" \/>\n<meta property=\"og:description\" content=\"Large companies could be forced to publish information about their payment practices, under government proposals.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/\" \/>\n<meta property=\"og:site_name\" content=\"Manchester Chartered Accountants\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/jackrosstax\" \/>\n<meta property=\"article:published_time\" content=\"2015-01-08T09:57:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-01-05T16:00:23+00:00\" \/>\n<meta name=\"author\" content=\"Jack Ross\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jack Ross\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/\"},\"author\":{\"name\":\"Jack Ross\",\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/person\/d65ae99f63f346e53c611cb62a38c818\"},\"headline\":\"Government proposals to tackle late payment\",\"datePublished\":\"2015-01-08T09:57:12+00:00\",\"dateModified\":\"2015-01-05T16:00:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/\"},\"wordCount\":251,\"publisher\":{\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#organization\"},\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/\",\"url\":\"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/\",\"name\":\"Proposals to tackle late payment - Jack Ross\",\"isPartOf\":{\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#website\"},\"datePublished\":\"2015-01-08T09:57:12+00:00\",\"dateModified\":\"2015-01-05T16:00:23+00:00\",\"description\":\"Large companies could be forced to publish information about their payment practices, under government proposals.\",\"breadcrumb\":{\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\/\/my-brains.co.uk\/jackross\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Government proposals to tackle late payment\"}]},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#website\",\"url\":\"http:\/\/my-brains.co.uk\/jackross\/\",\"name\":\"Jack Ross Chartered Accountants Manchester\",\"description\":\"Manchester Accountants &amp; Manchester Xero Accountants\",\"publisher\":{\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\/\/my-brains.co.uk\/jackross\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#organization\",\"name\":\"Jack Ross Chartered Accountants\",\"url\":\"http:\/\/my-brains.co.uk\/jackross\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/logo\/image\/\",\"url\":\"http:\/\/my-brains.co.uk\/jackross\/wp-content\/uploads\/2019\/10\/Jack-Ross-Chartered-Accountants-Logo-Main.jpg\",\"contentUrl\":\"http:\/\/my-brains.co.uk\/jackross\/wp-content\/uploads\/2019\/10\/Jack-Ross-Chartered-Accountants-Logo-Main.jpg\",\"width\":776,\"height\":889,\"caption\":\"Jack Ross Chartered Accountants\"},\"image\":{\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/jackrosstax\",\"https:\/\/twitter.com\/JackRossTax\"]},{\"@type\":\"Person\",\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/person\/d65ae99f63f346e53c611cb62a38c818\",\"name\":\"Jack Ross\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ea18b292e0e84043a1fc20ddc78f9167?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ea18b292e0e84043a1fc20ddc78f9167?s=96&d=mm&r=g\",\"caption\":\"Jack Ross\"},\"url\":\"https:\/\/my-brains.co.uk\/jackross\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Proposals to tackle late payment - Jack Ross","description":"Large companies could be forced to publish information about their payment practices, under government proposals.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/","og_locale":"en_GB","og_type":"article","og_title":"Proposals to tackle late payment - Jack Ross","og_description":"Large companies could be forced to publish information about their payment practices, under government proposals.","og_url":"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/","og_site_name":"Manchester Chartered Accountants","article_publisher":"https:\/\/www.facebook.com\/jackrosstax","article_published_time":"2015-01-08T09:57:12+00:00","article_modified_time":"2015-01-05T16:00:23+00:00","author":"Jack Ross","twitter_misc":{"Written by":"Jack Ross","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/#article","isPartOf":{"@id":"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/"},"author":{"name":"Jack Ross","@id":"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/person\/d65ae99f63f346e53c611cb62a38c818"},"headline":"Government proposals to tackle late payment","datePublished":"2015-01-08T09:57:12+00:00","dateModified":"2015-01-05T16:00:23+00:00","mainEntityOfPage":{"@id":"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/"},"wordCount":251,"publisher":{"@id":"http:\/\/my-brains.co.uk\/jackross\/#organization"},"articleSection":["Economy"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/","url":"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/","name":"Proposals to tackle late payment - Jack Ross","isPartOf":{"@id":"http:\/\/my-brains.co.uk\/jackross\/#website"},"datePublished":"2015-01-08T09:57:12+00:00","dateModified":"2015-01-05T16:00:23+00:00","description":"Large companies could be forced to publish information about their payment practices, under government proposals.","breadcrumb":{"@id":"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/my-brains.co.uk\/jackross\/government-proposals-tackle-late-payment\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/my-brains.co.uk\/jackross\/"},{"@type":"ListItem","position":2,"name":"Government proposals to tackle late payment"}]},{"@type":"WebSite","@id":"http:\/\/my-brains.co.uk\/jackross\/#website","url":"http:\/\/my-brains.co.uk\/jackross\/","name":"Jack Ross Chartered Accountants Manchester","description":"Manchester Accountants &amp; Manchester Xero Accountants","publisher":{"@id":"http:\/\/my-brains.co.uk\/jackross\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/my-brains.co.uk\/jackross\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"http:\/\/my-brains.co.uk\/jackross\/#organization","name":"Jack Ross Chartered Accountants","url":"http:\/\/my-brains.co.uk\/jackross\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/logo\/image\/","url":"http:\/\/my-brains.co.uk\/jackross\/wp-content\/uploads\/2019\/10\/Jack-Ross-Chartered-Accountants-Logo-Main.jpg","contentUrl":"http:\/\/my-brains.co.uk\/jackross\/wp-content\/uploads\/2019\/10\/Jack-Ross-Chartered-Accountants-Logo-Main.jpg","width":776,"height":889,"caption":"Jack Ross Chartered Accountants"},"image":{"@id":"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/jackrosstax","https:\/\/twitter.com\/JackRossTax"]},{"@type":"Person","@id":"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/person\/d65ae99f63f346e53c611cb62a38c818","name":"Jack Ross","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ea18b292e0e84043a1fc20ddc78f9167?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ea18b292e0e84043a1fc20ddc78f9167?s=96&d=mm&r=g","caption":"Jack Ross"},"url":"https:\/\/my-brains.co.uk\/jackross\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/posts\/1708"}],"collection":[{"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/comments?post=1708"}],"version-history":[{"count":1,"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/posts\/1708\/revisions"}],"predecessor-version":[{"id":1709,"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/posts\/1708\/revisions\/1709"}],"wp:attachment":[{"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/media?parent=1708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/categories?post=1708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/tags?post=1708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}