Opinion; HMRC tax review - Can big firms really research small business?
KPMG have been hired to research the tax burden on small business. but do they really know anything about small business? By Simon Sweetman
Last week HM Revenue & Customs launched a project to measure the administrative burden on small business of complying with the tax system.
The project follows on from the Hampton report. Although HMRC is not a regulator it has accepted the Hampton report targets for cutting burdens.
HMRC have awarded the contract to undertake the research to KPMG. The total contract value for the project is £6,195,000.