May 25, 2020

Anna Murray 

During this pandemic, most of entrepreneurs are worried about their tax risk approaches. 

Jantte Burns, associate tax director at PKF-FPM, provided several suggestions to assistentrepreneurs. For all the entrepreneurs, they should avoid unnecessary debtsthat might violet the agreements of third-party debt. 

Entrepreneurscan apply the corporate rescue tax exemption to avoid additional tax charges. To skip unnecessary penalty is important. Entrepreneursmight forget to follow certain tax matters at the financial hard time. Investors Relief and Enterprise Investment Scheme are sufficient for entrepreneurs to strive for their finance. 

In brief, there are many tax preparations to overcome the financial difficulty during this pandemic. Entrepreneurs should overview their tax plan cautiously and meet the rules of the Companies Act.  

Photo:Webshot.