Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 04th October , 2021

Shadow Chancellor details Labour’s tax ambitions Shadow Chancellor Rachel Reeves says she wants to create a new “fair tax system” and confirmed that she is looking to increase capital gains tax to tar[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 01st October , 2021

UK delays digital tax reforms The Government has announced that plans to make self-employed people and small businesses keep digital records and report their income to HMRC every quarter have been delayed for a year fol[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 30th September , 2021

Bank of England holds rates, predicts inflation rise The Bank of England has revised up its inflation forecasts, predicting it will rise above 4% and that high prices could last until April instead of the end of the ye[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 29th September , 2021

In a statement to MPs this week, new financial secretary to the Treasury Lucy Frazer has confirmed that the introduction of Making Tax Digital (MTD) for income tax will be postponed by a year.   The quar[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 27th September , 2021

UK tops G20 economic growth rankings The UK economy grew at the fastest rate among the G20 nations in Q2, according to figures from the Organisation for Economic Co-operation and Development (OECD). The British economy [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 24th September , 2021

Record year for start-up funding Official figures show venture capital investment rose to £13.5bn for the first six months of the year, more than was raised across the whole of 2020. A report from the Department f[...] continue reading