UK business owners who take risks with their taxes seem to carry their tendencies over to their personal taxes as well, a new study commissioned by the country’s tax authority found.
Business owners with a lot of control over their business financials and not a lot of accounting know-how are particularly at risk, according to a survey of wealthy owners of mid-sized businesses published by His Majesty’s Revenue and Customs on Thursday.
The study, conducted by the National Centre for Social Research and Walnut Unlimited, found that while all taxpayers said they were risk averse when it came to ...
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