SMEs to get help with late payments


SMEs can now get help resolving pay disputes following the recent appointment of a new small business commissioner.

The complaints handling service of the small business commissioner was launched on 20 December 2017, following the appointment of Paul Uppal to the role in October 2017.

In addition, a new website has been launched to provide guidance on payment issues.

2017 saw the number of small businesses in the UK rise to 5.7 million, accounting for 99.9% of all private sector businesses.

According to the government, ensuring invoices are paid on time could boost the economy by an estimated £2.5 billion a year.

Uppal said:

“Having run my own small business for over 20 years I am well aware that integrity and trust are key to running and building a successful business.

“My mission is to help all small businesses nurture positive and lasting relationships with their customers that work in the best interests of both.”