Companies Act 2006: Primary legislation governing company operations in the UK, particularly relevant for accounting records and requirements for maintaining proper financial documentation
Late Payment of Commercial Debts (Interest) Act 1998: Legislation that provides for statutory interest on late payments in commercial transactions and sets out rules for payment terms
Limitation Act 1980: Establishes time limits for bringing legal actions regarding debts, typically 6 years for simple contract debts
Financial Reporting Standards (FRS 102): UK accounting standards that set out how financial statements should be prepared and presented, including treatment of accounts receivable
International Financial Reporting Standards (IFRS): Global accounting standards that may apply to certain UK companies, particularly those listed or with international operations
International Accounting Standards (IAS): International standards for financial reporting that influence how accounts receivable should be recorded and reported
UK General Data Protection Regulation (UK GDPR): Post-Brexit data protection legislation governing how personal and financial data must be handled and protected
Data Protection Act 2018: UK's implementation of data protection requirements, working alongside UK GDPR to regulate personal data handling
Law of Property (Miscellaneous Provisions) Act 1989: Legislation governing certain aspects of contractual formalities and property rights in England and Wales
Money Laundering Regulations 2017: Regulations requiring certain procedures and checks to prevent money laundering, which may be relevant when handling significant financial transactions
