Department for Business, Energy and Industrial Strategy: Billing

(asked on 23rd April 2019) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what proportion of his Department's payments to (a) businesses and (b) SMEs were made within his Department's prompt payment target in each of the last five years.


Answered by
Andrew Stephenson Portrait
Andrew Stephenson
Minister of State (Department of Health and Social Care)
This question was answered on 29th April 2019

The Department for Business, Energy and Industrial Strategy (BEIS) complies with the Prompt Payment Code which the Chartered Institute of Credit Management administers on our behalf.

BEIS was formed on 14 July 2016 so we are unable to provide data prior to that date. The data we hold applies to payments of valid invoices for goods and services and cannot be sub-divided into those made to general business and those made to SMEs. The data in the table below applies to all businesses:

Year

Valid invoices paid within 30 days

2017-18

99.3%

2018-19

99.3%

Links: BIES Annual Report & Accounts 2016-17 (page 77)

BEIS Annual Report & Accounts 2017-18 (page 37)

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