Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 06th June , 2023

Hunt - If we need a recession to bring down inflation, so be it The Chancellor has said he would be comfortable with the Bank of England hiking interest rates even if it led to a recession as defeating inflation was nec[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 02nd June , 2023

HMRC apologises for website failures HMRC has apologised for technical issues on its website that prevented entrepreneurs from completing the necessary paperwork to set up their businesses. The anti-money laundering form[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 01st June , 2023

Small businesses plan to raise prices amid inflationary pressures The number of small businesses planning to increase prices to their customers is set to rise dramatically this quarter, according to a new quarterly analy[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 31st May , 2023

Fiscal drag will equal 10% tax hike for lowest earners New research by Interactive Investor has found that fiscal drag will cost British taxpayers the equivalent of a tax increase of about 5% for most earners by 2028, a[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 30th May , 2023

Baldwin: ‘Perverse’ tax system means work doesn’t pay Britain's tax system contains "perverse" incentives and punishing levies that require reform, Harriett Baldwin, chair of the Treasury Select Committ[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 26th May , 2023

Threshold freeze ‘the ultimate stealth tax’ The Government's decision to freeze personal tax thresholds for the next five years will drag millions of middle-income earners into the 40% tax bracket. In the ear[...] continue reading