BCC Director General David Frost said: “Payment of taxes can cause headaches for businesses. Small firms in particular can find it difficult to calculate what taxes are due and when they must be paid. The various VAT simplification schemes on offer could help to make life a little easier for smaller firms. This campaign aims to raise awareness so that employers can decide whether there is a scheme out there that would benefit their business."
Paymaster General, Dawn Primarolo, said: “The VAT schemes provide additional flexibility in the tax system and give business a range of options for reducing the burden of VAT administration and payment. Greater use of the schemes can also play a part in encouraging the growth of enterprise in the UK and this new campaign is an excellent example of collaboration between government and industry for the benefit of small business."
The campaign will run for six months from September 2005 – access via www.chamberonline.co.uk or contact HMRC National Advice Service on 0845 010 9000.