Last week, during his Budget 2015 speech, George Osborne, announced that the annual tax return will be phased out in the next 5 years and that small businesses will be able to link their accounting software with their personalise tax account and pay as they go.
However, small businesses might still have a few, time consuming, paper-heavy tax returns to do before the new system is implemented.
As we’re getting closer to the first day of the tax year, let’s make sure everything is properly planned for an easy tax return next year. Do you already have a great system for your small business? Leave a comment below and let us know your best tax tips! http://www.mybizhub.co.uk/starting/5-tips-for-a-stress-free-tax-return #tax #smallbusiness #smallbusinesstips