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.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states