11-10-2024 10:47 via ukdcnews.co.uk

Self Employed Tradespeople chasing debts of £6k on average

New research by Direct Line has found that the average self-employed tradesperson is chasing £6,000 in late payments.
The data has shown that 81 per cent of tradespeople are chasing late payments, with the average tradesperson chasing seven outstanding invoices
A fifth (22 per cent) of tradespeople say pursuing late payments is taking time away from work whilst almost one in ten (eight per cent) tradespeople have been forced to write off an invoice of over £10,000
Half of tradespeopl
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