Medium-sized businesses get a raw deal from UK tax system

3rd July 2014 | 1 Comment
 
Medium-sized businesses get a raw deal from UK tax system
The CBI and Grant Thornton produced this image to explain the complexities of the issue

Economic growth and job creation are being held back by a UK tax system the particularly hinders medium-sized businesses (MSB). A new report published by the CBI and Gran Thornton (“Stuck in the middle”) suggest that the tax system is acting as a brake on growth by disrupting cash flow, absorbing management time and dampening export ambitions. Therefore the CBI and Grant Thornton are calling on the Government to make a number of changes to the tax system, including to improve cash flow, widen access to R&D tax relief and to make it easier for MSBs to export.

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Category: UK News

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