Business advice for motorsport businesses
posted in Business advice for motorsport businesses by Phil Harris on 01st March , 2022
HMRC has recorded 1,491 electronic devices as being lost or stolen in the past five years The figures, obtained through a recent Freedom of Information request, revealed that 1,183 devices were recorded as lost,[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 28th February , 2022
A third of small firms predict growth Analysis by specialist lender Novuna Business Finance shows that 32% of small business owners polled in Q1 are predicting organic growth this year. This is up from Q3 and Q4 2021, wh[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 25th February , 2022
HMRC ups interest charges on late taxes but not refunds HMRC has been criticised for increasing interest charges on owed taxes but not on refunds. The tax office has raised the rate at which interest builds on tax debts,[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 24th February , 2022
Chancellor’s freeze to pull 5m into income tax net More than 5m lower-paid workers who currently pay no income tax will be pulled into the system over the next four years if inflation remains high, forcing them to [...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 23rd February , 2022
Our tax system is hopelessly unbalanced. 24 million people pay 20% tax and contribute one third of all income tax. 3 million people pay 40% tax and contribute one third of all income tax. 300,000 people [...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 22nd February , 2022
GDP bounce leads to bets on 2% rates Markets are pricing in an interest rate of 2% by the end of the year after official figures showed GDP rebounded last year to grow by 7.5%. Although it marks a healthy bounceback, it[...] continue reading