FPB

EU legislation could undermine UK payment terms targets

A business lobby group fears that proposed new European legislation mandating a 30-day payment target could undermine UK public sector targets to guarantee disbursement in only 10.

'Time to Pay' may be scrapped in Budget

HMRC has toughened its stance on VAT deferral requests and recent reports suggest ‘Time to Pay’ may be abolished altogether in next week’s Budget.