• Clock ticking for late payments

    There can be no denying that late payment is a big issue for SMEs. In fact, for some small businesses, it isn’t just a case of late payment but often “no payment”. The Association of Independent Professionals and the Self-Employed (IPSE) recently confirmed that 43% of the self-employed (many of whom may be operating on a limited company basis) have never been paid for work that they have undertaken and invoiced for.