Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 18th June , 2025

One in five companies have already cut jobs, while 51% have put a freeze on salary increases after employers’ National Insurance hits companies Rachel Reeve’s National Insurance increases for employers[...] continue reading

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.   As of[...] continue reading

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 required to quart[...] continue reading

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 cheaper to h[...] continue reading

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 report highli[...] continue reading

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) revealed that[...] continue reading