Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 23rd September , 2021

HMRC recoups record £4bn in lost taxes Data from HMRC examined by tax insurance investigation firm PfP show investigations and compliance work by HMRC saved £4bn in taxes from being lost in the last quarter,[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 22nd September , 2021

Tax take increases £84.7bn as economic effect of pandemic recedes   Between April and August 2021 HMRC collected £280.4bn worth of tax which is £84.7bn more than this period last year a[...] continue reading

posted in Business advice for motorsport businesses by Phil harris on 21st September , 2021

Credit shortage for SMEs hampers 'levelling up' A report published by the All-Party Parliamentary Group has warned that a lack of trust between banks and businesses has choked the supply of credit to SMEs in the UK. The[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 20th September , 2021

Jack: Ministers reluctant to restructure tax system Michael Jack, a former Financial Secretary to the Treasury and chairman of the Office of Tax Simplification, says recent governments have “shied away” from [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 17th September , 2021

IFS warns tax raid could be first of many The Institute for Fiscal Studies (IFS) has warned that the new Health and Social Care Levy of an additional 1.25% points on workers and their employers is likely to be just the s[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 16th September , 2021

Social care tax rise puts 50,000 jobs at risk – FSB The Federation of Small Businesses has warned that the total annual cost of the rise in National Insurance to small businesses would be about £5.7bn, and pu[...] continue reading