More SMEs are trading with late payment culture, says survey
Half of Hungary's small- and medium-sized enterprises (SMEs) say late payments between companies are becoming more common, while just 10% say businesses are getting better at paying on time, a survey conducted by Volksbank Hungary Rt. shows. The representative survey polled managers at 312 companies employing between 50 and 250 people. About 47.5 per cent of the respondents said they had made late payments during the period in question. 11 per cent said they paid taxes late sometimes and 9.7 per cent said they were late with the payment of social security contribution. Source: Econews
All news and features older than 7 days are subscription only. This article is from the archive. Archived articles could only be accessed with the subscription. If you are a subscriber please log in, alternatively you need to purchase a subscription to view the full content for this page.
