This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.  
  • Delicious


Password Reminder

Please enter your email address to receive a password reminder.


Log into Tax-News+
Not registered yet? Find out about our daily news alert service »

Email Address: 

Login »

Forgotten your password?

Today’s Top Headlines

UK SMEs Struggle With Complex Tax Regime

by Robert Lee,, London

12 August 2016

More than a quarter of the UK's small- or medium-sized enterprises (SMEs) are struggling to deal with tax, finance, and accounting issues, according to a survey by insurance specialists Hiscox.

Hiscox surveyed more than 1,000 UK SME decision-makers. It found that 27 percent of SMEs considered themselves in need of support and advice when it comes to navigating tax regulations, managing business finance, and looking after their accounts. Payroll and tax returns were also cited as a major concern.

Among those needing help on tax, IT and tech business owners identified tax legislation as their biggest challenge, with 76 percent saying they need more support. Within this group, 48 percent called for more advice articles on tax and 43 percent said there should be how-to guides.

TAGS: tax | small business | business | revenue guidance | commerce | accounting | insurance | United Kingdom | payroll | e-commerce | legislation | regulation

To see today's news, click here.

Leave a comment

Read our Posting Guidelines