Business advice for motorsport businesses

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

HMRC investigations into individuals and small businesses last year yielded no returns in 47% of all cases, finds recent research.   The proportion of investigations which returned no money to the Treasury has ris[...] continue reading

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

Confidence climbs among small businesses Research by Sage shows that more than three quarters of SMEs expect to return to pre-pandemic levels of profitability in the next 12 months. The poll by the accounting and payrol[...] continue reading

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

Employers asked to explain tax hike on payslips HMRC has asked businesses to print the reasoning behind the Government's National Insurance tax increase on workers' payslips, with firms asked to note that the 1.25% incre[...] continue reading

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

Ministers consult on plans for digital tax to cut business rates Ministers are seeking retail industry insight on a possible online sales tax that could deliver a reduction in business rates, Lucy Frazer, financial secr[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 03rd March , 2022

HMRC tax probes pull in £30bn The revenue HMRC generated from tax investigations and other compliance activity hit £30.8bn in 2021, up from £28bn in 2020, analysis by law firm Pinsent Masons shows. HMRC[...] continue reading

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

UK public sector borrowing lower than forecast UK public sector borrowing came in at £138.5bn for the financial year to January, about half that posted in the same period the previous year and £17.7bn less t[...] continue reading