SMEs will struggle further under Labour’s tax policy, a report commissioned
by the Tories will warn.
The report to be published next month by the
European School of
Management will show a fall in the number of small businesses,
fewer reaching a £1m turnover and fewer business with a turnover of £7m+ five
years after setup, over the past ten years.
Professor Davide Sola, the report’s author and dean of the school, told the
on Sunday that the tax system for small businesses the UK had
become less competitive and changes to CGT would ‘further undermine’ its
‘The implications for investment and job creation could be very damaging,’ he
MTD represents 'the single most significant change to the UK’s system of taxation in recent times', says Knill James partner Nick Rawson. So, how prepared are SMEs for digital tax reporting?
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
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