Business advice for motorsport businesses

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

Using a pension to avoid IHT Charlotte Gifford in the Telegraph says pensions are “a powerful weapon in the fight against inheritance tax” as they are considered to be outside of a person’s estate for I[...] continue reading

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

Sunak and Hunt plan tax cut and wage hike Rishi Sunak is reportedly planning to cut taxes and increase the national living wage in the run-up to the next election. Chancellor Jeremy Hunt is said to be considering a cut i[...] continue reading

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

South East pays half of UK's £173bn tax HMRC data shows that households in London and the South East account for almost half of the UK’s £173bn tax take, paying a combined £87bn bill. Analysis by [...] continue reading

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

HMRC allowed 11,000 Chinese firms to register at one flat The head of HM Revenue & Customs has admitted to the Commons Public Accounts Committee, that it allowed 11,000 Chinese firms to register for VAT at a single [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 04th April , 2023

SMEs lose 4m trading days to strikes in six months A study by small business lender iwoca reveals a third of SMEs said industrial action was having a negative impact on their business with around four million days of tr[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 03rd April , 2023

Cost-of-living crisis worse than lockdowns for SMEs Research by Nucleus Commercial Finance has found that most SMEs find the current cost-of-living crisis more of a burden than the pandemic lockdowns. Chirag Shah, chief [...] continue reading