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Business tax – what business owners should expect of their accountant

Most business owners will tell you what they think their accountants do: they prepare the accounts and do the tax return. They probably think of this as pretty much a process. There are two misunderstandings implicit in that sort of thinking; the first is there is a sort of sausage machine at work and that you put in the figures and get a certain result, and the second is that there is no room for manoeuvre.

Most SMEs, by which I mean the larger ones within the official definition down to much smaller almost micro-businesses, are owned by families or family … Continue Reading