Tax return delay by SME's

Nearly half of micro-businesses delay tax returns until last minute

Nearly half of micro-businesses and sole traders wait until less than three months before the 31 January deadline to file their self-assessment tax return, according to a survey by Intuit QuickBooks. The survey found that 25% of micro-business owners file their return in the final month, while 22% have previously missed the deadline and incurred fines.