Avoid a Taxing Time, Small Firms Warned

Summary


SMALL businesses across Plymouth should make a New Year's resolution to complete their selfassessment tax returns now and avoid hefty fines, a local tax specialist has warned.

Alex Smith, who runs TaxAssist Accountants, based in Stoke, said that although the official deadline for payment is not until January 31, 2011, many owner managers get caught up in the Christmas and New Year rush, ending up paying unnecessary penalties.

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Extract


Avoid a Taxing Time, Small Firms Warned

He said: "Christmas and New Year can be a hectic time for small businesses. We all want...

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