This report, commissioned by HMRC and undertaken by the SBRC, Kingston University, presents evidence on the effects of the timing of taxation payments on the cash flow of small businesses. ‘Cash flow’ in this respect relates to the operating capital of the enterprise rather than investment capital. The tax system here refers to the timing of payments rather than the payments themselves or the rates of taxation.

Is this the 'Version of Record (VoR)'?

Many different versions of a publication may be available on the web, only some of which might be considered part of the formal scholarly record. Please check whether this paper has been published in a journal by contacting the author, searching journal databases, or checking CrossMark It is the responsibility of publishers to register their publications with CrossMark.