Business advice for motorsport businesses

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

HMRC extends tax return deadline by 30 days HM Revenue & Customs has effectively pushed back the annual tax return deadline to the end of February after saying fines for late filing this year would be waived for 30 d[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 13th January , 2022

Cost of living squeeze could ‘be worse than the financial crisis’ Analysis by the House of Commons Library reveals that an extra 1.2m people are set to be dragged into the higher rate tax band over the next f[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 12th January , 2022

Spending and borrowing start to normalise Figures from the Bank of England (BoE) show that credit card spending increased in November, with spending and borrowing showing signs of normalising after being distorted by pan[...] continue reading

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

Britain’s economy to outpace rest of the G7 in 2022 Analysts at Goldman Sachs say the UK is on course to grow faster than every other nation in the G7 in 2022. The bank’s economists predict the UK will grow b[...] continue reading

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

FSB warns of ‘existential threat’ to small businesses The viability of thousands of small businesses is at risk amid a surge in energy costs, according to analysis by the Federation of Small Businesses (FSB).[...] continue reading

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

Under powers set out in Finance Act 2020, directors of insolvent companies could find themselves liable for accumulated tax debts for up to five years.   Insolvency and restructuring experts are warning [...] continue reading