New Payment Rules Backed

The JournalOctober 26, 2010

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Summary


THERE are calls for new European rules on late payment to be implemented as soon as possible to help small businesses.

The European Parliament's Late Payment Directive, which will introduce new rules for a standard deadline for payment and will encourage companies to honour payments for goods or services in a timely fashion, recently won backing from MEPs.

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New Payment Rules Backed

The basic deadline fo...

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