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
Published
31 January 2017
Last updated
56 MarchApril 2025 — See all updates

Documents

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

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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:

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

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

Updates to this page

Published 31 January 2017

Last updated 56 MarchApril 2025 + show href="#full-history">+ show all updates

    3. Guidance has been significantly updated to reflect upcoming regulatory changes. Changes made to thresholds for defining a large business, effective from April 2025. New reporting requirements for businesses with reporting periods starting in January 2025 added to page. Specific reporting changes for businesses with qualifying construction contracts, coming into effect in March 2025, added to page.

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