Business advice for motorsport businesses

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

Small firms struggling with Brexit VAT rules   The Federation of Small Businesses has said that its members are facing “significant issues” as a result of leaving the EU VAT area, with one t[...] continue reading

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

Crunch time for small firms Research by Santander reveals that small businesses, including many motorsport businesses, do not expect business to recover to pre-pandemic levels until next summer. The bank also[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 28th January , 2021

HMRC scraps late filing penalty for those who file online by 28 February Taxpayers will not receive a penalty for their late online tax return if they file by 28 February, HMRC’s Chief Executive Jim Harra has ann[...] continue reading

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

25k delay tax bills while 1-in-4 freelancers plan to spread payments HMRC data show that almost 25,000 people have opted to spread their tax bill over 12 months rather than paying it by the January 31 deadline, with th[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 26th January , 2021

Business and economists warn Sunak over tax plan Rishi Sunak has been warned against a tax raid on businesses, with business leaders and economists voicing concern over reports that the Chancellor is considering increas[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 25th January , 2021

GDP falls 2.6% in November Data from the Office for National Statistics (ONS) shows GDP fell by 2.6% month-on-month in November, with the decline pushing the economy toward a double-dip recession. GDP fell to 8.5% below[...] continue reading