Business believes that the UK tax system is fundamentally unfair and want more support to stay compliant, according to new research released today (Tuesday) by the British Chambers of Commerce.
Our survey of over 1,000 firms from across the UK, found that nearly three-fifths (58%) of respondents think that the UK tax regime is unfair to businesses like theirs.
The findings largely signal concerns over how HMRC applies the tax rules to different types of firms.
Two-thirds (67%) of respondents don’t believe that HMRC applies tax rules fairly across all sizes of business. Micro firms are more likely to have that view (70%) compared to their medium and large counterparts (59%).
64% of companies disagree that HMRC applies tax rules fairly regardless of where the company is domiciled. Again, there is a difference in perception among small and larger firms (67% micro firms v 59% medium and large)