Business advice for motorsport businesses
posted in Business advice for motorsport businesses by Phil Harris on 09th February , 2021
Sunak set to maintain triple tax lock Rishi Sunak is to stand by the Conservatives’ triple tax lock, vowing not to increase income tax, national insurance or VAT. While Treasury officials have urged the Chancellor[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 08th February , 2021
Record number miss self-assessment deadline HMRC figures show that a record 1.8m people missed the January 31 self-assessment tax return deadline, equating to 15% of the 12.1m returns due. The number of people missing [...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 05th February , 2021
Chancellor considering CGT increase Rishi Sunak is considering an increase in capital gains tax, with the Chancellor mulling a move that would bring the charge in line with the higher levels of income tax. The speculati[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 04th February , 2021
Tax burden is at highest since 1951 Office for Budget Responsibility data shows that the tax burden - the amount of tax taken by the Treasury compared with the size of the economy – is set to climb to 34.2% in the[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 03rd February , 2021
The tax problems facing the Chancellor The Sunday Times’ David Smith muses on the challenges facing the Chancellor as he wrestles with which taxes to increase and which Covid support measures to maintain beyond t[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 02nd February , 2021
Banks crack down on bounce back loan fraud Hundreds of business accounts have been raided by banks including HSBC, Barclays, NatWest and Lloyds Banking Group after they were linked to suspected bounce back loans fraud,[...] continue reading