New EU SME tax

Professional tax advisers are being asked for their opinions as part of a European Commission study into the corporate income taxation of SMEs in European member states report Harris & Co accountants Northampton.

The aim of the survey is to assess to what extent the current fiscal provisions adopted by EU member states either advantage or disadvantage SMEs in comparison to larger enterprises.

Respondents are asked to complete a 15 minute long questionnaire on national fiscal provisions relating to the EU member state in which they are resident or practice. The results, along with further research including case studies and modelling, will be used as the basis for an EU report on the taxation of SMEs due out in 2015.