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Scrap Payment on Account

Comment 1st July 2010

Payment on Account for small businesses is a killer. For instance if you had a better year last year than this, you still have to pay tax in advance based on last year's profits, and then claim it back the following year. It's madness – guilty until proven innocent!

Why does this matter?

 

This cashflow would be better spent investing back in the business, creating new jobs to help the business and the economy grow.

Stop stifling us!


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