Written question asked by Tim Farron (Liberal Democrat) on Tuesday, 29 November 2016, in the House of Commons. It was due for an answer on Thursday, 1 December 2016. It was answered by Simon Kirby (Conservative) on Tuesday, 6 December 2016 on behalf of the Treasury.
Treasury: Billing
- Question
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To ask Mr Chancellor of the Exchequer, what proportion of payments by his Department to small businesses are made on time and in accordance with the prompt payment code.
- Answer
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HM Treasury currently does not distinguish between small and large businesses in relation to paying suppliers. The Government has a long standing policy commitment to pay 80% of undisputed invoices within 5 days, with the rest paid within 30 days. During 2015-16, HM Treasury paid 71.4% within 5 days and 97.5% within 30 days.
Secondary information
- Type
- Written question
- Reference
- 55439
- Session
- 2016-17
- Subjects
- Billing Small businesses Treasury
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2016-12-06 15:43:16 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2016-17/55439
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