Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 12th October , 2022

The UK unemployment rate has fallen to its lowest level in nearly 50 years, according to the Office for National Statistics. Unemployment rates fell to 3.5% for June to August, the lowest recorded rate since early[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 11th October , 2022

UK not in recession after Q2 growth The UK's economy is not currently in recession, with a revised reading showing growth in Q2. Data from the Office for National Statistics (ONS) shows economic output was up 0.2% betwee[...] continue reading

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

SMEs set to see less red tape The Government plans to reduce red tape for small businesses, including requirements around reporting of financial statements. While firms with up to 249 employees are currently considered t[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 07th October , 2022

Small businesses are losing customers as prices climb Santander research shows that 80% of smaller firms are struggling to compete with the lower prices offered by larger firms, meaning 72% are losing customers. While 73[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 06th October , 2022

HMRC sees surge in tax repayment complaints The number of people complaining to HMRC about companies claiming tax repayments on their behalf has more than tripled in two years, with many people saying claims are being m[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 05th October , 2022

Government U-turns on plans to scrap top tax rate The Government has U-turned on controversial plans to scrap the 45p rate of income tax for higher earners, with Chancellor Kwasi Kwarteng saying: “We listened to pe[...] continue reading