Business advice for motorsport businesses

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

posted in Business advice for motorsport businesses by Phil Harris on 26th August , 2022

UK economic activity hit as weak demand and labour shortages bite The S&P/CIPS global flash UK composite purchasing managers’ index dropped to 50.9 in August from 52.1 last month, its lowest since February 202[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 25th August , 2022

Small businesses folding across UK as energy costs soar Growing numbers of small traders are closing their doors for good in the face of unaffordable costs driven by record inflation. Data published on Friday by the Fede[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 24th August , 2022

Firms fined for deliberate corporation tax misinformation hits four-year high Figures obtained by City AM reveal the number of businesses fined by HMRC for deliberately obscuring their corporation tax affairs has climbe[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 23rd August , 2022

Small-business owners worry whether they will make it through the winter With soaring energy bills adding to existing financial pressures, there is concern over how SMEs - which employ around three-fifths of the UK workf[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 22nd August , 2022

Economy shrinks 0.1% in Q2 The UK economy shrank 0.1% in the second quarter, data from the Office for National Statistics (ONS) shows. The data also shows that the economy contracted by 0.6% in June. The decline over Q2 [...] continue reading