Due diligence can mean steps taken to avoid committing an offence as well as steps taken to research a business by a potential buyer.

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To define ‘Due diligence’ a simple way of looking at it is investigating a business and its assets for an acquisition. The term can mean a legal process but often involves a voluntary investigation of the business for sale.

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New Tax Penalties Come in to Force

Tax penalties – A new fining regime, charging up to £1,600 for late filing, will be implemented by HMRC on Friday 17, 2012.

As from previous years, the penalty for missing the Self Assessment deadline is £100. Now though, there