Overly complex tax system is tripping up small companies
Posted by mostafa on 24 May, 2016
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This item was filled under Tax
HMRC has collected an additional £737.3m from investigations into companies over tax avoidance and errors relating to employer compliance, with small and medium-sized enterprises, in particular, coming under fire.
UHY Hacker Young said SMEs have been hit particularly hard by HMRC’s crackdown on payroll tax mistakes, accounting for more than half (£373.4m) of the …