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SMEs spend around 242 million hours a year on tax compliance

15
May

SMEs spend around 242 million hours a year on tax compliance, costing nearly £25 billion. That’s not growth. That’s not a strategy. That’s just keeping up. A significant burden before you’ve even got to running your business.

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Making Tax Digital has now begun. More regular reporting is coming in, and for many businesses that will mean a bit more admin.
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The Old Pump House, Oborne Road, Sherborne, Dorset DT9 3RX | Tel: 01935 815 008  Offering accounting services for businesses throughout Sherborne, Dorset and Somerset.

Hunts Accountants is a trading name of Hunts Accountants Limited, registered in England and Wales | Company No: 04629757  Director: Mr N C Hunt | Licensed by AAT to provide self-employed services under Licence No: 0787 (on display at the practice address)

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