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Read our January 2023 update on the Payment Times Reporting Scheme with insights from the latest report data.
Summary
The Payment Times Reporting Act 2020 has been in operation for over 2 years, with approximately 9,500 reporting entities reporting under the scheme and over 25,000 payment times reports as at 31 December 2022.
About the Regulator’s update
The Payment Times Reporting Regulator releases a Regulator’s update every 6 months, with information about the Payment Times Reporting Scheme and the Regulator’s current and planned activities.
Read the Regulator’s update – January 2023 to find out about progress of the scheme, including insights from the latest payment times reports that shows the payment performance of large businesses and government enterprises.