Business advice for motorsport businesses
posted in Business advice for motorsport businesses by Phil Harris on 15th April , 2020
OBR predicts record contraction of economy The Office for Budget Responsibility (OBR) has warned that the economy could contract by a record 35% by June, with chairman Robert Chote saying this would mark the biggest de[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 15th April , 2020
HMRC taxpayer inquiries suspended as pandemic continues HMRC’s inquiries into taxpayers and firms under investigation have been suspended as the coronavirus crisis continues, with a Government spokesperson comment[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 08th April , 2020
BBB blamed for delays to small business loans The British Business Bank (BBB) has come under fire from high street banks which say the Treasury-appointed body responsible for overseeing the coronavirus loans scheme is [...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 08th April , 2020
Fifth of SMEs at risk despite aid package Some 20% of UK SMEs are unlikely to receive the funding required to see them through the next four weeks, research from the Corporate Finance Network group of accountants claim[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 08th April , 2020
Tech tax comes into force The UK’s digital services tax has come into force, with the levy to apply to revenues generated by social networks, search engines and online marketplaces. The 2% tax, which affects prof[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 01st April , 2020
A fifth of SMEs may fold A report from Be the Business and research firm Opinium suggests one in five SMEs may have to close down permanently because of the COVID-19 pandemic. A poll of 500 businesses shows that 7% of [...] continue reading