Business advice for motorsport businesses

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

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