Business advice for motorsport businesses

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

Economy rebounds with January growth Figures from the Office for National Statistics (ONS) show that the economy expanded by 0.3% in January, with the rebound following a 0.5% contraction in December. While the data show[...] continue reading

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

Stealth tax raid will cost workers £78bn by 2028 The decision not to increase income tax bands with inflation will cost taxpayers an estimated £78n in extra tax between 2022 and 2028, according to the Centre [...] continue reading

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

Tax advisers promoting tax avoidance schemes are likely to face criminal action as Chancellor plans to introduce tough legislation in the Budget The Chancellor Jeremy Hunt plans to legislate to raise the stakes for peop[...] continue reading

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

IoD issues plea on R&D tax credits In a letter to Jeremy Hunt, Jonathan Geldart, director general of the Institute of Directors, urged the Chancellor "in the strongest possible terms" to reverse planned cuts to the S[...] continue reading

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

FSB demands “strong agenda for growth” from Hunt Martin McTague, National Chair of the Federation of Small Businesses, has called on the Chancellor to “boost entrepreneurship and help small businesses&[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 09th March , 2023

Dyson: High-tax economies are damaging enterprise Sir James Dyson has warned the Chancellor of the “unintended consequences” of hiking corporation tax and bringing in a new global levy. Jeremy Hunt confirmed [...] continue reading