Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 04th April , 2022

The British Chambers of Commerce quarterly economic survey of 5,600 respondents, says that 62% of businesses are expecting to raise prices. This is another record-high figure for this metric and an increase from 58% in t[...] continue reading

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

HMRC open over 1,000 new tax investigations every day HMRC has launched 137,000 tax investigations in the six months to December 2021, according to tax investigation insurance firm PfP. This is up 9% from the 126,000 inv[...] continue reading

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

Despite his tax cuts, Sunak remains a tax-raising Chancellor Rishi Sunak refused to back down on the National Insurance hike in his Spring Statement, but to ameliorate the pain for lower earners, the Chancellor did incre[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 30th March , 2022

HMRC contacts just 0.4% of crypto holders over tax HMRC has contacted just 0.4% of the estimated 2.3m crypto holders in the UK about the tax that may be owed on their investments according to wealth management firm Quil[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 29th March , 2022

Labour repeats calls for windfall tax Shadow Chancellor Rachel Reeves has repeated a call for a windfall tax on the profits being made by North Sea oil and gas companies, saying the levy being proposed by Labour would ra[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 28th March , 2022

Consumer spending jumps 19% Nationwide data shows that consumer spending hit £6.9bn last month, marking a 19% increase on February 2021, with prices being driven up amid the cost-of-living crisis. Spending on fuel [...] continue reading