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:
Disruption at Ronaldsway airport following incident with light aircraft
Hopes for better working relationship between government and hospitality sector
'A lot of work to do' on low income housing
Public servants killed in the line of duty eligible for new award
Multi-million pound Villiers development recommended for approval
Rosalind Ranson row draws to a close
