Business advice for motorsport businesses

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

Around £1.1bn of small business loans made under the Bounce Back Loan Scheme (BBLS) have been flagged as suspected fraud, according to banks Since the scheme was launched in 2020, over £46bn has been l[...] continue reading

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

Business confidence in negative territory According to a survey of accountants by trade body the ICAEW, business confidence in the UK has hit -5, the first negative reading since Britain emerged from lockdowns last year[...] continue reading

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

This weekend saw the competition debut of the recently rebuilt 1971 Ford Escort backed by Cinch and Harris & Co motorsport accountants. The rally was based in Ludlow and used the forests in an around the Radnor fores[...] continue reading

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

Inflation could hit 22%, Goldman warns UK inflation could hit 22% next year if soaring gas prices fail to come down, Goldman Sachs has warned. Economists at the investment bank wrote in a research note: “In a scena[...] continue reading

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

Small businesses owed £23k in late payments in May Small businesses were owed £22,700 in late payments in May. This represents a 6% year-on-year rise, according to analysis by accounting software firm Intuit [...] continue reading

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

HMRC has just published  detailed guidance on how Making Tax Digital for Income Tax (MTD) will work for buy-to-let landlords and sole traders with qualifying income over £10,000 and which will see the end of s[...] continue reading