Harris & Co Blog
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Harris & Co motorsport accountants have a long history of supporting up coming drivers
Youth mobility scheme
posted in Business advice for motorsport businesses by Phil Harris on 21st May, 2025
The Government has signed a "youth mobility scheme" with the EU. An agreement of this nature allows young people in the UK and the EU to move and work freely between countries for a limited period of time. &nb [..] continue reading
MTD for motorsport businesses
posted in Business advice for motorsport businesses by Phil Harris on 14th May, 2025
Making Tax Digital (MTD) for Income Tax is less than a yearb away but one in three sole traders have never heard of it. From April 2026, motorsport sole traders earning over £50,000 will be require [..] continue reading
Two tier tax system
posted in Business advice for motorsport businesses by Phil Harris on 07th May, 2025
Trade deal criticised over 'two-tier' tax system The Government has agreed a trade deal with India that exempts temporary Indian workers from paying National Insurance in the UK for three years, making them ch [..] continue reading
UK SME's stifled
posted in Business advice for motorsport businesses by Phil Harris on 30th April, 2025
Lending gap stifles UK SMEs Research by Allica Bank reveals a £90bn "lending gap" in bank finance for the UK's small and medium-sized enterprises (SMEs), hindering investment and economic growth. The rep [..] continue reading
Costly tax compliance
posted in Business advice for motorsport businesses by Phil Harris on 23rd April, 2025
Tax compliance costs small firms £25bn Small business leaders are urging the Government to alleviate the tax compliance burden to stimulate growth. A survey by the Federation of Small Businesses (FSB) rev [..] continue reading