Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Guy Clapperton

Will you be paying your staff?

A while back in the news section of the "Business Solutions" supplement I mentioned that small business was in danger of missing the deadline for changing the way BACS works. Essentially they're upgrading to an Internet-based system and the old system will be switched off at the end of this year.

Well, according to Silicon.com a load of people have yet to act. It appears that some 350,000 companies have still yet to change their system, and if they don't do so then come 1 January their staff and suppliers will find themselves unpaid - or realistically people will have to send cheques or cash instead.

You have just over three months...

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.