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Mid-sized businesses do not see tax compliance as priority

Mid-sized businesses do not see tax planning and compliance as a major priority for their businesses but more part of the everyday running of the business, with heavy reliance on accountants and tax agents to handle their tax affairs.

Mid-sized businesses do not see tax compliance as priority
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businesses don't see tax compliance as priority

According to HMRC research into the attitudes of UK mid-sized businesses with turnover in excess of £50m to tax, when businesses took a proactive stance on tax compliance, almost all their behaviours related to tax planning or clarifying internal protocols to ensure prompt and accurate payment of taxes due.

Read more at the Accountancy Daily

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