Closed petition: Make the registration to the Prompt Payment Code mandatory for all companies
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Legislate Mandatory Registration to the Prompt Payment Code and introduce Penalties for failure to comply.
We think mandatory registration:
1. Ensure Fairness: Create a level playing field for businesses of all sizes.
2. Protect SMEs: Prevent smaller companies from suffering due to delayed payments.
3. Boost Economic Stability: Timely payments improve cash flow, enabling businesses to invest, grow, and retain employees.
4. Promote Ethical Business Practices: Encourage companies to prioritise financial responsibility and transparency.
81 signatures
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If this petition gets 10,000 signatures, government will respond to it.
If this petition gets 100,000 signatures, it will be considered for debate in Parliament.
This petition will stay open until 3 June 2025.