Find out if your business needs to publish reports
Large companies and large limited liability partnerships (LLPs) may have to report on their payment terms and practices.
A large business is a company or limited liability partnership that has at least two of the following:
- £36 million in turnover
- £18 million on its balance sheet
- 250 employees
A large business must publish its reports at least twice a year.
Guidance
The guidance to reporting on payment practices and performance (opens in new tab) covers:
- who needs to report
- what needs to be reported
- how the information needs to be reported
- when the information needs to be reported