The fee for all is over — excessive payment surcharges banned for small businesses

By George Roberts

New regulations that ban businesses from imposing excessive fees on consumers making payments will extend to small businesses from 12 June 2014.

The Consumer Rights (Payment Surcharges) Regulations 2012 — the first of many legislative changes that form part of the major ongoing overhaul of consumer protection legislation — came into force for most businesses on 6 April 2013.

However, there was a temporary exemption for small businesses and some new businesses that expires on 12 June 2014. Such businesses will have to step into line with others and comply with the new rules for contracts entered into from that date…

Click on the link below to read the rest of the Shoosmiths briefing.

Briefings from Shoosmiths

View more briefings from Shoosmiths

Analysis from The Lawyer

  • Hester: declined bonus worth almost £1m

    Pay checks

    Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future

  • high street 150

    Focus: Alternative business structures - Law and new order

    There’s more to the ABS model than attracting the man in the street and procuring external investment. Partners at the big corporate firms, take note…


2 Colmore Square
38 Colmore Circus Queensway
B4 6BJ