Payment Times Reporting: Consultation Summary and Response - December 2024

Summary

A summary of the submissions made in the recent consultation process and the changes we made to Guidance Materials in response is available to download. We saw strong interest in the content of the new reports during the consultation sessions and in the submissions we received. Accordingly, we prepared Understanding Reporting Fields - interim guidance to give reporting entities detailed information about each reporting field in the various types of payment times reports.

In early 2025, we will hold further information sessions and publish additional supporting materials, including detailed worked examples, to support reporting entities adapting to new reporting requirements.