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26 Feb 2010
The tax return process is confusing more than two-thirds of small business owners, according to a new survey.
The study by Accountz showed 68% are baffled by tax returns, with 22% having missed deadlines purely due to the complexity of the process.
Of the 100 small business owners questioned, 55% said they had calculated their tax bill through the year and saved up accordingly, while 5% claimed they used credit cards to pay off HMRC.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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