HMRC backflips on helpline closure announcements
HMRC has backflipped on this week's announcement that long periods of shutdown for self-assessment and VAT helplines,...
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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.
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.