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Legal requirement to settle business accounts within 30 days or suffer a penalty

Submitted on Sunday 25th March 2012

Rejected on Wednesday 21st June 2017

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Legal requirement to settle business accounts within 30 days or suffer a penalty

Additional Information

In order to protect the cash flow of small businesses ,contractors and tradesman. Make it a legal requirement
that all business accounts to be settled say within 30 days or make penalty payments compulsory.Large companies in particular pay up when it suits them sometimes up to 3 months after receiving invoices.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

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