One-in-ten of Britain’s 4.7 million small business owners have admitted missing key tax deadlines and payments, while almost one-in-five have lost out on tax breaks and grants.
These disturbing figures are from a recent survey by Clydesdale and Yorkshire Banks which also included data showing that almost 10% of small businesses made late VAT payments, resulting in fines for many.
“For small businesses, every penny really does count, so the cost of falling foul of red tape can make a fundamental difference to their ability to succeed,” said Gary Lumby, director of small business banking at the banks. He added that, “A significant number of small firms do not know where to turn for advice on these matters.”
Pemberley Accounting has the knowledge and experience to help small businesses with all their accounting and tax needs. Starting with a free initial consultation, Katy Gunnell takes her clients step-by-step through the process of preparing their accounts, filing tax returns and making any VAT or other tax payments which are necessary.
So call Katy today on 07810 518812 to arrange a meeting and take the first step to giving yourself peace of mind.