Start up survey on PAYE
A study by software company Intuit of some 50 start up businesses indicates that PAYE is a major consideration for them and tax return paperwork also causes major issues. A few quick facts to come out of the survey :-
- 2/3rds stated that PAYE is a major issue in taking on staff
- Nearly ½ were unaware of the requirement for filing statutory PAYE end of year returns.
- ¼ fully expect to be late in submitting the PAYE return
Tags: law, legal, small business, start ups