Business advice for motorsport businesses

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

HMRC to waive penalties for late filing due to Covid HMRC will not fine people who file their tax returns late if they have been adversely affected by the coronavirus in what will be a huge relief to millions of self-e[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 12th January , 2021

Ministers warned over CGT ‘own goal’ City veterans have warned policymakers that increasing capital gains tax would hurt Britain's economy and deliver “the greatest own goal scored in history”. [...] continue reading

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

Treasury boosted by targeting big firms over tax Many small motorsport businesses will be relieved to learn that tax investigarions into small businesses is uneconomic. A study by law firm Pinsent Masons suggests chasi[...] continue reading

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

File soon to apply for tax payment plan, HMRC says Self-assessment tax returns for income earned in the year to April 5, 2020 are due on January 31 and taxpayers are being urged to file returns soon if they want to[...] continue reading

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

Britain becomes the world's fifth-largest economy Analysis by the Centre for Economic and Business Research (CEBR) shows that the UK has become the world's fifth-largest economy once again, leapfrogging India despite a[...] continue reading

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

Chancellor approves grants for businesses closed by lockdown   Chancellor Rishi Sunak has announced approved additional funding for cash grants to support businesses required to close in England due to t[...] continue reading