Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 15th March , 2022

An estimated £195m extra tax revenue has been brought in through businesses using Making Tax Digital (MTD) for VAT reveals research from HMRC   The research, conducted by HMRC shows that in 2019-20 the estim[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 14th March , 2022

7 in 10 small businesses expect to see growth More than two thirds of small businesses expect to grow this year, according to a poll by accounting technology firm Sage. The analysis shows that SMEs, which represent 61% [...] continue reading

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

Chancellor could rein in small business R&D tax credits Rishi Sunak is frustrated at the lack of investment into small businesses, despite the UK having what he describes as one of the most generous tax regimes for R[...] continue reading

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

Sajid Javid: Endless tax rises to fund NHS unsustainable The Health Secretary has said the Government cannot keep running back to the taxpayer to fund the NHS as the population ages and the workforce shrinks. Sajid Javi[...] continue reading

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