OTS calls for business tax simplification
Reforms recommended for 5 key business development stages.
SMEs could save £17,000 with digital accounting
Software saves 2.3 days a month on average.
Disincorporation relief set to expire
Relief reaches its ‘sunset date’ after low business take-up.
MTD pilot opens to the self-employed
Digital tax reporting service opens on a voluntary basis.
Small businesses ignore R
More than half of small business owners are unaware of the R&D tax relief scheme and its benefits.