Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 15th November , 2022

The value of R&D tax credits relief claimed by UK businesses has fallen for the first time since the scheme began in 2000, down by £275m in a year Recent research found that the value of claims fell by 4% from[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 14th November , 2022

Freeze could deliver stealth tax raid As they look to balance the books and address a gap in public finances, Prime Minister Rishi Sunak and Chancellor Jeremy Hunt could leave income tax thresholds at their current rate,[...] continue reading

posted in Business advice for motorsport businesses by on 11th November , 2022

Businesses voice concern over tax plans With the Chancellor considering changes to capital gains tax (CGT) and dividend taxes as he looks to balance the books, he has been urged not to tax businesses “into the grou[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 10th November , 2022

Small firms will ‘bear brunt of recession’ The London Chamber of Commerce and Industry (LCCI) has warned of the impact a prolonged recession could have on small firms, including motorsport firms. With the Ban[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 09th November , 2022

The Department for Work and Pensions (DWP) overpaid £8.6bn across benefits in 2021-22, with £6.5bn of that figure due to fraud MPs on the Public Accounts Committee (PAC) said the level of fraud and err[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 08th November , 2022

PM delays fiscal plan until mid-November Rishi Sunak has delayed the announcement of the Government’s fiscal plans until November 17, with the statement initially due on October 31. The Prime Minister said the ext[...] continue reading