IOM: 33 per cent stressed UK: 54 per cent
New research has revealed that small business owners in the Isle of Man are more relaxed about completing tax returns than their UK counterparts.
Thirty-three per cent of Manx companies claim managing finances is the most stressful part of running their business, compared to fifty-four per cent in Britain.
Other figures; and twenty-two per cent of Island businesses find completing tax returns a major worry, compared to twenty-five per cent in Britain.
Oliver Shaw, CEO of Kashflow, an online accounting business, explained to Manx Radio why small companies here may fret less over completing their tax forms:
500% increase in immigration arrests on the Isle of Man
More taxpayers' cash could be spent on 'cleaner heating'
RAF veteran says assisting blind climber will be 'massive honour'
Financial leaders from small countries visiting Island
New liquor licence proposed to support private events sector
Comments
Add a comment