Late payment keeps too many freelancers stuck in an unfair cycle. So this move towards stronger enforcement, tighter payment terms and real penalties for repeat offenders is welcome. We hope it leads to meaningful change.

Read more here: www.ipse.co.uk/articles/gov...

#Freelancers #LatePayment

73% of #SMEs face #latepayment, mainly in B2B -blocking investment and growth.

SMEs want action that works on the ground. SMEunited calls on Member States to move negotiations forward.

There is no #simplification if entrepreneurs still spend hours chasing payments.

📣Our weekly #SME recap:
✅ #ThinkSmallFirst in action
✅ Single Market & SME Envoys
✅ #Preparedness & resilience
✅ #LatePayment: change needed
✅ Labour reforms & competitiveness
✅ Standardisation ROI
✅ #COP30: SME support
✅ #MeetingStandards: 17–21 Nov

▶️ More: bit.ly/3JW09V5

#MEDPOL #SMEAssembly2025

#DGGROW survey confirms #LatePayment is still a major issue for #SMEs - yet the Council has not reached a general approach.

Hear @jesperbeinov.bsky.social ( #SMVDenmark ) share compromise options at #SMEAssembly2025.

#ThinkSmallFirst #SMEVision

KOMMISSIONENS AFGØRELSE
Vi opfordrer @ec.europa.eu til at opretholde forslaget om stop for #LatePayment i 2026 arbejdsprogram & at @eu2025dk.bsky.social kommer i gang, når det er afgjort om Kommissionen vil fortsætte kampen for bedre betalingskultur #dkbiz #dkpol #SMEunited @smeunited.bsky.social 👇🏻

📣Our #SME recap:
✅ Boosting #AI use among #SMEs
✅ 73% SMEs face #LatePayment
✅ #VSME Outreach: market support
✅ Sector & Digital policy priorities
✅ 70 steps for #SingleMarket Strategy
✅ Making #Omnibus VI & #28thRegime work for SMEs
❇️ #MeetingStandards 2025

➡️ More: mailchi.mp/smeunited/ne...

On 7 Oct, DG GROW presented the SME Survey on #LatePayment: over 3,500 firms warned #EU institutions.

✅ 73% face late payment issues
✅ Lack of sanctions & enforcement
✅ Impact on investment & growth
✅ Unfairly long payment terms
✅ 63% call for a cap on terms

Details in the thread

#Freelance #SelfEmployed #LatePayment

📣 Our #SME recap:
✅ EU Work Programme must reflect #SMEs
✅ SME-friendly #simplification in green rules
✅ Bigger ambition for the #SingleMarket
✅ EU Semester
✅ Tackle late payments
✅ Input on #SkillsPortability
✳️ #MeetingStandards 2025

➡️ More: bit.ly/3WjiPAG

#EuropeanSemester #LatePAyment

UK alcohol producers to face automatic late payment interest under new duty rules HMRC introduces standardized interest charges and repayment mechanisms as part of broader alcohol duty system modernization efforts

UK alcohol producers to face automatic late payment interest under new duty rules #AlcoholDuty #HMRC #UKProducers #TaxReform #LatePayment

UK late payment crackdown targets ‘risk multiplier’ for small businesses New powers for the Small Business Commissioner aim to tackle late payments. The average UK SME is owed more than £20,000, according to FSB data. Chronic late payment is now a defining risk, amplifying the impact of high costs, inflation, and energy prices for small businesses.

UK’s late payment crackdown is here, with new powers for the Small Business Commissioner and mandatory payment terms. Over £20bn in unpaid invoices is locking up UK SME growth. Can the new regime restore confidence? #UKbusiness #SMEs #latepayment

📣 Our weekly #SME recap:
✅ UN MSME Day: #SMEs drive innovation & sustainability
✅ #SingleMarket: SME expectations
✅ SME test as a guiding principle
✅ 10M businesses at risk
✅ #Standardisation review underway

➡️ Enjoy the read: mailchi.mp/smeunited/ne...

@ec.europa.eu

#UNMSMEDay #IMCO #LatePayment

The #INTRUM team shared key findings from the 2025 European Payment Report with SMEunited:

✅ 9.85 hrs/week lost chasing late payments
✅ 56% of firms accept uncomfortable payment terms
✅ 10M companies & 40M jobs at risk if conditions don’t improve

www.smeunited.eu/news/10-mill...

#latepayment

Why I really signed up to the Fair Payment Code Earlier this year I became one of the first businesses in the UK ( and the first sole trader ) to be certificated by the new Fair Payment Co...

Why I really wanted my business to be certificated by the government's Small Business Commissioners' new Fair Payment Code.

(spoiler - it's not for the reasons all the other businesses who have been equally recognised share)
thirdsectorexpert.blogspot.com/2025/05/why-...
#LatePayment

ISBE member becomes first business of their kind to be recognised in new Government flagship initiative Adrian Ashton has become the UK’s first sole trader to be certificated in the new Fair Payment Code scheme The UK Government has introduced a new code to encourage better payment in supply chains, as ...

Encouraged that ISBE are celebrating my news about being the UK's first sole trader to gain the gold standard for the Small Business Commissioner's new Fair Payment Code
#LatePayment #PayOnTime
www.isbe.org.uk/isbe-member-...

President Salminen exchanges on key priorities with Executive Vice-President Séjourné As the Commission goes ahead with Omnibus proposals to simplify the regulatory framework, President Salminen insisted on creating a path for growth: “The creation of the mid-cap category should be a b...

“The mid-cap category is key to the #ThinkSmallFirst approach”, said Petri Salminen to EVP Stéphane Séjourné.

He stressed:
✅A real SME Passport
✅Removing barriers in the #SingleMarket
✅Action on #BusinessTransfer & #LatePayment

➡️ Read more: www.smeunited.eu/news/preside...

Our panel discussion explored key issues for independent retail:
🔹 Access to EU funding for 🇷🇴 food retailers & wholesalers
🔹 EU’s #LatePayment proposal
🔹 Import of non-compliant products
🔹 Sustainability regulations
(2/2)

Did you know that as a sole trader, I’ve always sought to pay all invoices I receive within 24 hours!

#GoodBusinessMatters
#LatePayment #PayOnTime

Avec Hubert Gambs, de la DG GROW @ec.europa.eu 🇪🇺 pour échanger sur la revision de la directive #LatePayment.
Le @medef.bsky.social alerte sur des modifications incompatibles avec la réalité des marchés et des entreprises. Nous demandons le retrait.

LATE PAYMENT HURT SME’s
According INTRUM Report 2024, outstanding receivables reach 30% of EU GDP. Tune in to SME Assembly 2024 to hear Desirée Paseiro, Michal Badowski & me discuss how revising the #latepayment framework can support SMEs competitiveness: futurium.ec.europa.eu/en/promoting...