
Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 29th December , 2020
Government borrowing reached record high in November Figures from the ONS show government borrowing reached £31.6bn last month, the highest November figure since records began. That is also the third highest mont[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 28th December , 2020
Permanent stamp duty cut could deliver £139m tax boost Research from the Centre for Economics and Business Research (CEBR) suggests a permanent increase in the stamp duty threshold to £500,000 could reap &p[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 25th December , 2020
Sunak plays down wealth tax talk Chancellor Rishi Sunak has suggested that a one-off wealth tax may not be his preferred option as the UK looks to rebalance the books in the wake of the coronavirus crisis. With the Wea[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 24th December , 2020
Lords criticise ‘flawed’ plan to give HMRC extra tax powers The Lords Economics Affairs Committee says proposed powers allowing HMRC to force financial institutions to divulge information about people’[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 23rd December , 2020
Ministers urged to extend or adapt stamp duty holiday Banks have urged the Treasury to extend the stamp duty holiday rolled out to support the property sector amid the coronavirus pandemic beyond the March 31 cut-off, a[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 22nd December , 2020
Chancellor urged not to raise taxes to cover no-deal support Rishi Sunak has been urged to avoid tax rises to meet the cost of a no-deal Brexit. While Conservative MPs have expressed support for plans for financial mea[...] continue reading