Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 14th June , 2021

Haldane: UK housing market is “on fire” The Bank of England’s chief economist Andy Haldane has said the UK’s housing market is “on fire” with the rise in prices likely to worsen pre-ex[...] continue reading

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

More than 500,000 businesses file VAT returns late New figures reveal that more than half a million VAT returns were filed late by British businesses last year - up 13% on the previous year. HMRC has offered a more fle[...] continue reading

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

OTS to consider changing start of the tax year   Income tax was introduced as temporary measure to fund the war against Napoleon on 5 April 1805 and has been with us ever since. It's always been an illog[...] continue reading

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

Fifth SEISS grant will be open to claims from late July HMRC has confirmed that the fifth Self-employment Income Support Scheme (SEISS) grant covering the period May 2021 to September 2021 will open to claims from late [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 08th June , 2021

We’re not out of the woods yet, warns Vlieghe Bank of England rate-setter Gertjan Vlieghe has warned that it is still possible that more stimulus will be needed if the recovery falters due to fears over Covid vari[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 07th June , 2021

Taxman deems £600m of gifts ineligible for IHT relief Analysis shows that almost 2,000 people who made more than £600m in gifts have been deemed ineligible for inheritance tax relief in the past five years. [...] continue reading