If you had one wish as a small business owner, what would it be? Reduced tax rates? A way of combating late payments? A study conducted by Bibby Financial Services has revealed that most SMEs in the UK want a simplified payroll system. There were other significant findings from the study. Approximately 20 percent of those interviewed stated that they wanted legislation put in place to end late payments by big companies while 30 percent of small business owners said that their priorities would be a reduction in business tax rates. 30 percent of SMEs also stated that over the next year one of their main hopes is to remain…