What will HMRC’s changes mean for small businesses?
30 Nov

What will HMRC’s changes mean for small businesses?

small businessHMRC are rolling out some significant changes to they way it operates, the plan being to create 13 new Regional centres over the next five years. They will also continue to shift the emphasis towards digital services.

Quick and easy access to relevant online services could result in real benefits for small business owners and sole traders. Potentially these changes could assist in the automation of tax returns; access to relevant information is much quicker and also hopefully this will also lead to customer queries being answered more quickly.

HMRC states “investment in new online services, data analytics, new compliance techniques, new skills and new ways of working, to make it easier for the honest majority of customers to pay their tax” whilst also announcing improvements to their overall customer service.”

With the emphasis shifting gradually from paper to digital this could make all HMRC related processes much easier to access and organise, which can only be a good thing for SMEs.

CMF offer a range of financial services to small businesses and sole traders, so why not get in touch and ask us about your financial requirements!

View the article on HMRC’s website here.

Contact Form
Please leave this field empty.

N.B. Quotes and info given on non advice basis from a panel of lenders. Please seek independent advice to ensure this facility is best suited to your needs.

Alternatively, you can call one of our experienced team direct on 01928 739 712 or e-mail us at info@cmf-ltd.co.uk
A bit about us
We are a well-established independent finance broker, who provide flexible funding solutions to UK businesses. We can put finance deals in place that help you to develop your business; modern finance solutions that offer appealing alternatives to more traditional lines of credit, at competitive rates .

We can offer you a tailored approach, and a dedicated account manager, from one of our experienced and friendly team.

Corporate and Medical Finance (CMF) is a member of the NACFB and has access to over 100 banks and lenders. We provide quotations and source funding on a non advice basis for businesses and professionals across the UK.
Read more
Twitter
Request a Callback