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Accounting body supports retention deposit schemes for small businesses

The Association of Accounting Technicians (AAT) is the first accounting body to support a cross-party, multi-business campaign to introduce a retention deposit schemes for small businesses (SMEs). AAT’s new scheme will end the practice of payments being withheld for and unreasonable length of time and eliminate the risk of losing retention costs through contractor bankruptcy. The post Accounting body supports retention deposit schemes for small businesses appeared first on Small Business.

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