Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 17th November , 2023

HMRC chief in tax arrangements warning HMRC chief executive Jim Harra has warned MPs that the tax authority does not know exactly how many people are set to face more complex tax arrangements. With it esti[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 16th November , 2023

Tax office faces customer service crisis Some taxpayers have been waiting more than three years for answers from HMRC about their finances. Analysis shows that 3,245 taxpayers who sent letters to HMRC's customer service [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 15th November , 2023

Chancellor plots tax cut to boost businesses With analysis suggesting that the Chancellor has more fiscal headroom that previously calculated, Jeremy Hunt is reportedly considering extending a tax break for businesses i[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 14th November , 2023

FCA tells banks to offer small firms fairer savings rate The Financial Conduct Authority (FCA) is set to warn banks about exploiting small businesses by offering low interest rates on their deposits. A recent study reve[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 13th November , 2023

Rise in house prices drives up IHT receipts Britons paid an average of £213,500 in inheritance tax in the financial year 2020-2021, according to probate group Final Duties. The taxman collected an additional &poun[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 10th November , 2023

Higher interest rates could lead to more people facing tax bills on their savings Higher interest rates and the move away from cash ISAs could result in hundreds of thousands more people facing tax bills on their savings[...] continue reading