Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 04th November , 2022

Stealth tax to hit motorsport owners  Analysis for the Times shows that middle earners will face a hit of more than £3,500 a year due to a stealth raid on income tax set to be rolled out by the Prime Minister [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 27th October , 2012

Threshold freeze would drive up top rate taxpayer numbers With Jeremy Hunt and Rishi Sunak said to be considering a two-year extension to the current freeze on income tax thresholds, experts calculate the move could see [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 02nd November , 2022

PM and Chancellor set to hike taxes Chancellor Jeremy Hunt is set to announce tax rises in his fiscal statement later this month, with the Treasury saying Mr Hunt and Prime Minister Rishi Sunak have agreed “tough d[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 01st November , 2022

As part of a clampdown on the misuse of research and development (R&D) tax credit, HMRC has arrested a gang making fraudulent claims worth millions The arrests were part of a wider investigation into suspected[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 31st October , 2022

High taxes are hitting competition, say midsized UK banks Mid-sized UK lenders have told City minister Andrew Griffith that the bank levy, an additional 8% on top of the corporation tax rate, was dissuading them from gr[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 28th October , 2022

Political turmoil and soaring prices could plunge UK into recession The latest S&P/CIPS PMI survey indicates that Britain’s private sector economy shrank sharply this month, with contraction rates returning to[...] continue reading