Small firms set to miss tax deadline

Milner, Leah
January 2008
Mortgage Strategy;1/28/2008, p13
Trade Publication
The article reports on the failure of small business companies to submit their self-assessment tax returns by Her Majesty's Revenue & Customs' deadline in Great Britain. It states that these firms could be forced to distribute around £200 million in fines for missing tax deadline of January 31, 2008. A research by accounting software firm Kashflow shows that about 20% of small business owners confess that they are unlikely to meet the deadline and 9% have forgotten the date.


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