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ARTICLE · 08 MAY 2001

Where Has All The Profit Gone?

United KingdomTax
John Quinton
John Quinton

Firstly ……..

One of the problems our small businesses face is that their own Agenda for success – making as much Profit, (rather than just income), as they can from their limited resources - is not the same as that of either the Government, which simply wants ‘Business’ to help them, (and gratuitously), to achieve whatever social policies the presently ruling party has, Companies House, which likes neat paperwork, regardless of whether or not it reveals anything helpful, or the Inland Revenue which, apart from conning us into doing much of their work for them, needs to extract as much cash from our businesses as it can.

If the Government, Companies House or the Inland Revenue push so hard that achieving our own Agenda becomes impossible, who cares? They certainly don’t, but we just might. The resources available to them to enforce the extraction of as much as possible are, unlike ours, unlimited and unaccountable by the standards our businesses must meet.

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