
Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 26th February , 2020
Rishi Sunak bows to pressure on IR35 tax changes Rishi Sunak has said that tax officials will not be “heavy handed” in enforcing the changes to the off-payroll working rules, known as IR35, for the first ye[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 19th February , 2020
Sunak urged to suspend tax shake-up New Chancellor Rishi Sunak has been urged to suspend a huge tax shake-up for self-employed workers, with warnings that it could cause “enormous damage” to contractors. The[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 19th February , 2020
UK wages top 2008 peak as employment hits record high UK wages topped their pre-financial crisis peak for the first time at the end of 2019, according to the Office for National Statistics (ONS), as UK employment hit a [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 19th February , 2020
Late payments hit £23bn Analysis by the Federation of Small Businesses (FSB) shows that almost four in 10 small businesses that made successful finance applications in Q4 2019 used the money to manage their day-to[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 12th February , 2020
Battle to claw back business rates could take years A new report warns that thousands of businesses could spend up to four years locked in a battle to claw back millions of pounds in 'unfair' business rates. Companies [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 12th February , 2020
IR35 rules will only apply to new contracts New IR35 tax rules for freelancers will only apply to contracts that start after April 6th, when the new rules come into force, HMRC has said. Previously the rules would have[...] continue reading