Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 13th May , 2022

BCC: Reverse NICs hike to relieve costs burden The British Chambers of Commerce (BCC) has called for an "emergency budget" and the reversal of the recent increase to National Insurance Contributions to help reduce cost p[...] continue reading

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

UK Treasury looks into replacing capital spending allowance The Treasury has launched a consultation into replacing the “super-deduction” allowance that ends in April 2023, but Anita Monteith at the ICAEW do[...] continue reading

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

BoE raises rates and warns of recession The Bank of England has increased interest rates to the highest level in 13 years and warned that the cost of living crisis could push the economy into recession this year. The Ban[...] continue reading

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

Families see £608m bill for IHT Official figures obtained by the Daily Telegraph show that close to 2,000 families have been ordered to pay back millions in IHT over the past five years by HMRC, falling foul of so[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 09th May , 2022

Small manufacturers want a minister Engineering company bosses have launched a parliamentary petition calling for a dedicated “minister for manufacturing,” having expressed concern that the current set-up is[...] continue reading

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

Pandemic debts hit £450bn David Smith in Sunday Times reflects on the impact the pandemic has had on public finances, with official figures covering the 2021/22 fiscal year showing that the deficit fell from £[...] continue reading