3 in 5 UK Businesses Avoid International Expansion Due to US Sales Tax Complexity

Avalara, Inc. England United Kingdom

60% of UK businesses have decided not to expand into new markets due to compliance complexityWhile 80% of UK business leaders believe that tax complexity is one of the greatest burdens facing their organisation.This ongoing tax complexity struggle for UK businesses comes on the eve of the 250th anniversary of the Boston Tea Party, where the transatlantic relationship between Britain and the US came to a head over the taxation of tea.to improve your compliance journey.

*Methodology
Research was conducted by Censuswide by surveying 300 UK decision-makers in general businesses and retailers (in small to medium size companies i.e. up to 240 employees), who have a basic understanding of tax regulation and sell goods across the UK / globally between  Nov 9th - Nov 21st.

Research was conducted by Censuswide by surveying 102 UK decision-makers who say their company sells tea and sells products internationally between Nov 9th - Nov 21st.

Logo - https://mma.prnewswire.com/media/2148367/Avalara_Logo_Tag_RGB_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/3-in-5-uk-businesses-avoid-international-expansion-due-to-us-sales-tax-complexity-302008100.html