A Taxing Problem – the impact of tax on small businesses

26/05/2018

Project

Client: Sage

Author(s): Tim Miller, Sarongrat Wongsaroj

Following our previous reports on the total cost of administration to small and medium enterprises (SMEs), and the impact of late payments, this study examines the issue of taxation on SMEs. For many new and small companies, profit margins can be very low, particularly when the cost of finance and building up stock is taken[…]

The Domino Effect – the impact of late payments

07/12/2017

Project

Client: Sage

Author(s): Tim Miller, Sarongrat Wongsaroj

Digital platforms Technology and infrastructure Strategy and commercial solutions

This report examines the issue of late payments, which can have significant impacts on smaller businesses. Based on a survey of around 3000 companies across 11 countries, our analysis indicates that 11.0% of all invoices issued by SMEs are paid late, equivalent to a total of USD 1.01 trillion per year. Worse, 7.5% of invoices[…]