The late payment of valid invoices is the main cause of smb,s having cash flow problems
The Government must get it's finger out and bring in legislation that states that draconion interest rates ( say20% compound)will be applied at 30,60, and 90days to companies that will not pay valid invoices
If a part of an invoice is in dispute the debtor will be oblidged to pay as invoiced the amount not in dispute.The big boys love to question an item of a couple of hundred pounds to with-hold payments of thousands
Try making a late return on VAT or Tax they soon have a fine and interest slapped on you