Business advice for motorsport businesses
posted in Business advice for motorsport businesses by Phil Harris on 01st January , 2025
Economists have warned that Reeves’ inheritance tax raid will cost the Treasury over £1billion more than it makes. Analysis by CBI Economics shows the Treasury has ‘underestimated the impact&rs[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 18th December , 2024
Workers brace for higher taxes Workers in the UK are set to face an additional tax burden of up to £4,000 next year due to changes announced in the Budget. The adjustments include higher capital gains tax (CGT) rat[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 11th December , 2024
Post-pandemic WFH costs £100m in tax reliefs Since the end of pandemic lockdowns, the public purse has lost £100m due to tax breaks for home workers, with an estimated 300,000 claimants in 2023/24, a signific[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 04th December , 2024
Reeves refuses to guarantee end of tax rises Chancellor Rachel Reeves has refused to commit to her recent pledge to not raise taxes further. Speaking at the Confederation of British Industry conference in November, the C[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 27th November , 2024
Last weekend saw the Anglo Caledonian rally, the final round of the 2024 British Historic Rally Championship. The rally was held over two days in the Kielder Forest complex in Northumberland and the forests of southern [...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 27th November , 2024
HMRC taking more aggressive approach to compliance Chancellor Rachel Reeves is intensifying efforts to tackle tax evasion and avoidance, announcing a significant increase in tax investigations. HMRC has opened 93,000 inv[...] continue reading