Threads / Small Business Protections (Late Payments) Bill / Business payment practices and performance: reporting requi…
Guidance Published 2 Sep 2025 Department for Business and Trade ↗ View on GOV.UK

Business payment practices and performance: reporting requirements

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

▤ Verbatim text from source document

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:

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

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