China orders big firms to pay SME suppliers in cash within 60 days
A circular from the General Office of the State Council (reported Sept 15, 2026) sets 10 measures to end delayed payments to SMEs: industry leaders are urged to pay suppliers in ca…
Founders News
Founder news on cash flow.
4 updates tagged cash flow.
UK Commercial Payments Bill: 60-day cap on payment terms for small suppliers
The government's Commercial Payments Bill, described as the largest late-payment crackdown in over 25 years, imposes a mandatory 60-day cap on the payment terms large firms can set…
Provisional tax kicks in above $5,000 RIT; UOMI at 8.97% for 2026-27
Founders: The current UOMI rate is 8.97% The taxpayer paying rate for underpayment use of money interest (UOMI) is currently 8.97% per annum, effective 16 January 2026, down from 9…
NZ government must now pay eInvoices within 5 business days from Jan 2026
From January 2026, new rules require mandated government agencies (over 100 agencies) to pay 95% of eInvoices within 5 business days and other domestic trade invoices within 10 day…