Guidance

Business payment practices and performance: reporting requirements

Guidance on the statutory reporting duty for companies and limited liability partnerships (LLPs).

• From: Department for Business and Trade and Department for Business, Energy & Industrial Strategy
• Published: 31 January 2017
• Last updated: 13 September 2019 — See all updates

Documents

Duty to report: guidance to reporting on payment practices and performance

PDF, 520 KB, 34 pages

Details

This guidance is for companies and LLPs who must comply with the statutory reporting duty for payment practices and performance. It covers:

• who needs to report
• what needs to be reported
• how the information needs to be reported
• when the information needs to be reported

See the related impact assessments and research report.

Digital service

Business can use the digital service to:

• check if they need to publish a report
• work out their reporting periods
• publish a report
• search for a report

For any queries related to the reporting requirement or digital service please contact paymentpracticesreporting@beis.gov.uk.

Please note: If you publish information using this service it will be visible to the public.

Published 31 January 2017
Last updated 13 September 2019 + show all updates

1. 13 September 2019

   Update of procedures, including additional detail and expanded questions section to reflect responses to customer queries.

2. 11 October 2017

   Businesses can now publish their reports online.

3. 31 January 2017

   First published.