Business advice for motorsport businesses
posted in Business advice for motorsport businesses by Phil Harris on 24th November , 2023
Bailey: Inflation risk underestimated by markets The Governor of the Bank of England, Andrew Bailey, cast a shadow over the Autumn Statement on Tuesday warning that the persistence of UK inflation was being underestimate[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 23rd November , 2023
Chancellor urged to tackle ‘unacceptably poor service’ at HMRC The Association of Chartered Certified Accountants (ACCA) has called on Jeremy Hunt to accelerate plans to improve HMRC’s performance amid [...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 22nd November , 2023
The Autumn Statement today has announced that the overhaul of R&D relief will go ahead from April 2024 merging the two systems and reducing the intensity threshold from 40% to 30% for SMEs with a soft landing [...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 22nd November , 2023
IHT receipts on track for record high New data from HM Revenue & Customs show inheritance tax receipts from April to October came in at £4.6bn, up £500m on the same period last year. The 12% rise means t[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 21st November , 2023
Tax system hinders small business growth Dan Neidle, the founder of Tax Policy Associates, says the UK's tax system poses a major obstacle to small business growth, particularly due to the VAT threshold. He highlights th[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 20th November , 2023
Taskforce: Corporation tax cut would boost economy by 3% Cutting corporation tax would deliver a long-term boost to the UK economy worth 3% of GDP, according to a taskforce set up by former Prime Minister Liz Truss. A Gr[...] continue reading