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Institute for Apprenticeships and Technical Education (IfATE) prompt payment performance and interest liable data: 2024 to 2025
Updated 24 April 2025
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| Institute for Apprenticeships and Technical Education (IFATE) prompt payment performance and interest liable data for 2024 to 2025 | |||
|---|---|---|---|
| Financial year 2024-25 | Percentage of invoices paid within 5 days | Percentage of invoices paid within 30 days | Potential interest liability to pay |
| 2024-25 Quarter 1 | 69% | 97% | £618.76 |
| 2024-25 Quarter 2 | 70% | 97% | £925.05 |
| 2024-25 Quarter 3 | 84% | 96% | £560.28 |
| 2024-25 Quarter 4 | 85% | 98% | £472.04 |