WHAT IS THE
PROMPT PAYMENT CODE?

The National Small Business Chamber (NSBC) and the National Media is championing the importance of Big Business and Government paying SME suppliers within 30 days - click here to show the Smaller Business Sector your commitment to them.

Late payments at all-time high as SMEs
wait too long to get paid

  • Late payments to SMEs reach all-time high
  • Average amount owed to each SME at highest level
  • Big business to blame for SMEs waiting for payment
  • More than half of all SMEs burdened with late payments
  • SMEs are going out of business due to late payments

Small enterprises suffering under big companies
ENCA - Moneyline

Classic Business with Michael Avery
Radio Interview: Classic FM Read more

SME Ombudsman would save jobs
Published by: Politics Web Read more

Prompt Payment Code
Published: The Small Business Site Read more

NEWS & MEDIA COVERAGE

Red Tape Reduction Indaba hosted by the Department of Small Business Development and the European Union

Mike Anderson delivers a keynote address encouraging big business and government to pay small businesses on time.

BECOMING A PUBLIC SUPPORTER MEANS YOU COMMIT TO:

Pay suppliers on time
Within 30 days once the final valid compliant invoice is received.

Give clear guidance to suppliers
Providing suppliers with clear and easily accessible guidance on payment procedures. Advising within 7 days if the invoice is incorrect.

Encourage good practice
By promoting the code throughout their own supply chains.

NEWS & MEDIA COVERAGE

Red Tape Reduction Indaba hosted by the Department of Small Business Development and the European Union

Mike Anderson delivers a keynote address encouraging big business and government to pay small businesses on time.

BECOMING A PUBLIC SUPPORTER MEANS YOU COMMIT TO:

Pay suppliers on time
Within 30 days once the final valid compliant invoice is received.

Give clear guidance to suppliers
Providing suppliers with clear and easily accessible guidance on payment procedures. Advising within 7 days if the invoice is incorrect.

Encourage good practice
By promoting the code throughout their own supply chains.

Want to know more about the Prompt Payment Code?
See the most frequently asked questions here.

Want to know more about the Prompt Payment Code?

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