New charges that could help small brokers recover overdue premiums may go unused, according to research by www.startups.co.uk.
The rules allow businesses to claim up to £100 for the recovery of ove ...
New charges that could help small brokers recover overdue premiums may go unused, according to research by www.startups.co.uk.
The rules allow businesses to claim up to £100 for the recovery of overdue bills. But a poll of over 100 small firms showed that over 40% will not use the charges.
The research ties in with the concerns of The British Chambers of Commerce.
It believes the charges are more likely to benefit larger businesses that have the resources and power to impose debt penalties without worrying about losing trade.
