Unpaid, Late, and Aged Debt from 01/12/2025

The following rates of interest will apply to unpaid, late and aged debts owing to Court Guinness from 01/12/2025

Personal Debts: 33.00% Calculated and compounded on a daily basis.

Private sector businesses: Bank Of England Base rate + 33.00 %. Calculated and compounded on a daily basis.

Public Sector and Government debt: Bank Of England Base Rate + 33.00 % Calculated and Compounded on a daily basis.

#agedDebt #latePayments #unpaidDebt

RT by @employers_EESC: Capping payment terms at 30 days is not the optimal solution and will have a serious impact on #SMEs.

I have tried to explain why.

👇More on #latepayments for @Euractiv

https://www.euractiv.com/section/economy-jobs/opinion/commissions-late-payments-proposal-misses-its-target/

🐦🔗: https://nitter.cz/AlMastantuono/status/1730621487424430130#m

[2023-12-01 16:14 UTC]

Commission's late payments proposal misses its target

The EU's proposed rules on late payments will deprive SMEs of the flexibility they require from their business

EURACTIV

RT by @employers_EESC: Now, late payments on the menu of the #SME Intergroupe meeting in the @EUparliament

Regulation on combating #latepayments is part of #SME relief package.

Liquidity is oil and wheels of the economy.

🐦🔗: https://nitter.cz/AlMastantuono/status/1716700251761897476#m

[2023-10-24 06:16 UTC]

RT by @employers_EESC: We should certainly discuss the #latepayments which is a problem many entrepreneurs are facing.💶
This has to be addressed if we are to create a healthy, #competative business environment. 📈🇪🇺

🐦🔗: https://nitter.cz/Jelic_Violeta/status/1716711652119208316#m

[2023-10-24 07:02 UTC]

RT by @employers_EESC: EU’s recent proposal to tackle the issue of #latepayments was being discussed this morning in #SMEIntergroup. Lively discussion, it was commonly agreed that proper enforcement is most crucial issue! Thank you @Mdlabajova @angelikawinzig @IvanStefanec @SMEunited @EuroCommerce🙏

🐦🔗: https://nitter.cz/_MiraMaria_/status/1716720288111464908#m

[2023-10-24 07:36 UTC]

EU Commission wants SMEs to be paid faster by large corporates

As part of its “SME Relief Package”, the European Commission presented on Tuesday (12 September) a regulat

EURACTIV

RT Eurochambres
Following @PaoloGentiloni's intervention at the @europarl_en State of the SME Union debate, our Policy Director @Lina_Konst said that the SME Relief Package should put forward growth-oriented policies to empower SMEs.
More on https://bit.ly/SMEReliefPackage
#SMETest
#LatePayments https://t.co/ax1jmb6hWN

🐦🔗: https://n.respublicae.eu/Eurochambres/status/1679127868595470336

Eurochambres position on the SME Relief Package - Eurochambres

Eurochambres remarks the need for concrete actions in support of European businesses to cushion the impact of recent economic headwinds. The SME Relief Package must include implementable and effective measures to tackle the urgent need for affordable and secure energy supplies, provide financial stability, and provide breathing regulatory space. Lighter administrative burden and reporting obligations […]

Eurochambres