One in five firms 'risking costly tax errors'
Business news 25 Sept 2013
Tens of thousands of businesses in the UK are making potentially costly errors when dealing with their tax and financial reporting, recent research has suggested.
According to an independent study conducted by Sage, one in five companies has made an error when recording their tax or finances.
A fifth of firms still use manual processes when submitting their VAT returns, leaving a significant margin for error.
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