Harris & Co Blog
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Harris & Co motorsport accountants have a long history of supporting up coming drivers
SME's are confident
posted in Business advice for motorsport businesses by Phil Harris on 27th August, 2025
SMEs are confident According to a new report from eBay UK, 78% of online SMEs anticipate growth in the next year, with a third saying they feel "very confident." AI is seen as a vital tool, with 43% [..] continue reading
Payroll numbers cut
posted in Business advice for motorsport businesses by Phil Harris on 21st August, 2025
Businesses ditch full-time staff for contractors Following the increase in employer National Insurance contributions from 13.8% to 15% in April, small businesses are increasingly hiring virtual staff and contra [..] continue reading
Tax raid planned
posted in Business advice for motorsport businesses by Phil Harris on 13th August, 2025
Labour looks to hike IHT and CGT to help plug £40bn hole The Guardian reports that ministers are considering introducing a lifetime cap on the amount an individual can give away as part of their inherit [..] continue reading
Pensions raid
posted in Business advice for motorsport businesses by Phil Harris on 30th July, 2025
Pensions tax raid could hit family firms Experts have warned that higher inheritance tax bills could see thousands of family businesses struggle or even collapse. As of 2027, unspent pensions will be dragged in [..] continue reading
Motorsport hit by NIC rise
posted in Business advice for motorsport businesses by Phil Harris on 23rd July, 2025
The publication of the tax figures for April reveals the true extent of the Chancellor’s crippling extra National Insurance burden on business. Just in the month of May businesses have paid out nearly &p [..] continue reading