UK TAX SYSTEM

Small Business Enterprise and the UK Tax System

Small Business Enterprise and the UK Tax System

Introduction

Small businesses can be defined differently in different contexts. As a result, the small system tax system faces some complexities. This essay will deal with some dimensions of the UK Tax system, which encourages the small business enterprises in the UK. The UK government had taken many steps to simplify its taxation system to encourage small businesses. According to the results of research conducted by PricewaterhouseCoopers LLP, the number of people who believe that the UK tax system has simplified and encourages small business has ...