Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 18th January , 2024

Experts call for VAT threshold change The Government should consider raising the VAT threshold from £85,000 to £100,000 to remove the barrier to growth for businesses, according to a report by the Federation[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 17th January , 2024

Treasury to make £12.7bn from new global minimum corporation tax The Treasury expects to make nearly £13bn from the new global minimum corporation tax proposed by the Organisation for Economic Co-operation an[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 15th January , 2024

Global economy will slow again in 2024, World Bank predicts The World Bank says high interest rates, persistent inflation and sluggish trade will see the global economy slow for a third consecutive year in 2024. It has f[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 12th January , 2024

Start-up funding increasingly a family affair Research suggests that entrepreneurs are increasingly turning to the Bank of Mum and Dad for help. Analysis by wealth manager Charles Stanley shows that a fifth of UK start-u[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 11th January , 2024

HMRC criticised over service Taxpayers have voiced concern over the service being offered by HMRC, with callers facing hour-long waiting times to get through and cases where letters are going unanswered. Some taxpayers [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 10th January , 2024

Income tax hits £264bn under the Tories Analysis of HMRC data shows that income tax revenues have increased by more than 70% under successive Conservative administrations, hitting £264bn. Then-Chancellor Rish[...] continue reading