SMEs missing tax return deadlines
ONE-IN-10 small business owners has admitted missing important tax deadlines and payments, while nearly one-fifth have lost out on grants and tax breaks.
The figures, from a survey by Clydesdale and Yorkshire Banks of 500 small businesses, showed that 19% had missed out on tax breaks and grants, while 10% said they had made late VAT payments or missed tax return deadlines.
Business should ensure that they have an accountant on hand who can support and guide them through the various tax requirements. Ensuring that they meet the deadlines.
The figures, from a survey by Clydesdale and Yorkshire Banks of 500 small businesses, showed that 19% had missed out on tax breaks and grants, while 10% said they had made late VAT payments or missed tax return deadlines.
Business should ensure that they have an accountant on hand who can support and guide them through the various tax requirements. Ensuring that they meet the deadlines.
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