Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 11th August , 2021

56% of UK SMEs expect to recruit more staff over the next year with 60% of SMEs intending to invest in their businesses, with only 20% intending to borrow, according to a recent survey. The survey found that 68% o[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 10th August , 2021

HMRC calls for input on real-time taxes Philip McNeill, head of taxation (tax practice and owner managed business taxes) at ICAS, considers the challenges and advantages of paying tax closer to real-time. This comes foll[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 09th August , 2021

NIESR: Inflation to hit 3.9% in early 2022 The National Institute of Economic and Social Research (NIESR) says consumer price inflation will reach 3.9% early in 2022 but should fall back to 2% in 2023 if the Bank of Eng[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 06th August , 2021

IHT take soars and could pass £6bn Record numbers of people are set to face inheritance tax bills, with a third more families liable for the levy as allowances are frozen and the pandemic drives up the death toll.[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 05th August , 2021

Pandemic hits self-employed women harder than men Self-employed women lost around 20% of their income during the course of the pandemic, while self-employed men saw their income take an 11% hit, a survey by insurance pr[...] continue reading

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

One in six SME owners will not take holiday this year Research by iwoca shows that one in six small business owners don't plan to take any holiday, while almost a quarter of sole traders plan to keep working without le[...] continue reading