One in five SMEs are currently struggling to pay tax bills

Around one in five SMEs believe it will become more difficult to pay tax bills in the year ahead as business tax rises come into effect, new research from Premium Credit shows. The study by the leading provider of finance for businesses found worries about paying tax bills are a long-standing issue for SMEs but…

Read more

Tax anxiety grows ahead of the Budget

In the first major survey of business sentiment since the General Election, the BCC’s Quarterly Economic Survey – the UK’s largest and longest running independent business survey – shows taxation is now the main area of concern for businesses.    Ahead of the Budget later this month, 48% of firms cited it as a worry (compared…

Read more

Over 60% of businesses stuck in a tax dispute lasting more than a year

Three in five businesses (61%) say they are currently involved in a tax dispute with HMRC which has lasted more than one year, according to a new survey from accountancy and business advisory firm BDO. The new figures, which come from a BDO survey of more than 500 mid-sized businesses, underline the difficulty that many…

Read more