Business advice for motorsport businesses

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

Inflation may have peaked, says economist Economist Julian Jessop believes that inflation will peak sooner and fall faster than previously expected, saying it is likely to fall back to the Bank of England’s target [...] continue reading

posted in Business advice for motorsport businesses by Phi Harris on 09th June , 2022

HMRC targets SEISS claimants Self-employed workers who wrongly took out government grants in the final weeks of a pandemic support scheme have been told to pay the money back or face penalties. The Treasury believes som[...] continue reading

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

Tax Freedom Day the latest since the early-1960s The Adam Smith Institute (ASI) has revealed that 8th June is “tax freedom day”, when the average earner has worked enough to pay off their annual tax bill. UK[...] continue reading

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

Small firms fear cost of living damage A survey of small businesses by Barclaycard has found that 51% were concerned that rocketing prices would dent consumer spending and they may have to increase prices in response, m[...] continue reading

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

FSB: 500k small businesses ‘at risk of going bust within weeks’ The Federation of Small Businesses (FSB) has warned of a “ticking timebomb” for small businesses, with almost half a million at risk[...] continue reading

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

HMRC hands out £571m in fines Penalties handed to taxpayers by HMRC have jumped by nearly a third in a year, from £445m to £571m. The increase was driven by the tax office increasingly clamping down on[...] continue reading