Contact Us
Small businesses can backdate late payment complaints via new Commissioner

News

Small businesses can backdate late payment complaints via new Commissioner

The Association of Independent Professionals and the Self-Employed (IPSE) has welcomed the Department for Business, Energy and Industrial Strategy (BEIS) decision to give small companies the opportunity to seek redress with larger businesses via the new Small Business Commissioner.

The Association of Independent Professionals and the Self-Employed (IPSE) has welcomed the Department for Business, Energy and Industrial Strategy (BEIS) decision to give small companies the opportunity to seek redress with larger businesses via the new Small Business Commissioner.

IPSE is pleased to hear the Government has heeded its recommendations to enable small firms direct access to the Commissioner, when they start their post in October.

The draft regulations for the role commit the Government to formalising relevant sections of the Enterprise Act 2016 from April to enable the Commissioner to deal with complaints on issues that happened prior to the date the complaints scheme activates on 1st October.
 
Simon McVicker, Director of Policy and External Affairs at IPSE, said: “The announcement ensures the Commissioner can aid as many small businesses as possible as well as giving them much needed momentum when it launches later this year.
 
“The civil service must have adequate resources to deal with the heavy initial workload and make the Small Business Commissioner an immediate success.
 
“The Commissioner must be firm with businesses which take liberties with payment terms and this has a severely detrimental effect on the self-employed workforce.
 
“Late payment affects the self-employed person’s ability to do their job (both personally and professionally). The self-employed population are dependent on prompt payment to facilitate their ability to pursue further work and pay rent or business overheads.
 
“Poor payment culture cannot stand in the way of their ability to continue to work and the Commissioner must hold larger businesses accountable.”

Date published 27 Feb 2017 | Last updated 27 Feb 2017

Trustpilot

Choose the right accounting firm for you

Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?

Local business focus icon

Local business focus

We specialise in supporting independent businesses and work with 100,000 clients. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.

Come and meet us icon

Come and meet us

We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our 409 locations, meet with us online through video call software, or talk to us by telephone.

Switching is simple icon

Switching is simple

Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.

See how TaxAssist Accountants can help you with a free consultation

020 4502 9677

Or contact us