
Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 29th December , 2021
New law introduced to help protect pension savers from scammers New rules to help protect pension savers from scammers have become law. Under the regulations, pension trustees and scheme managers will be given the powe[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 28th December , 2021
Bank of England rate rise prompts HMRC interest increase HMRC, which can add interest onto late payments for various taxes including income tax, CGT and IHT, has confirmed it will increase rates after the Bank of Englan[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 27th December , 2021
Ministers may be tempted to cut pension tax relief The Government could be tempted to cut tax relief on pension contributions, after data from HMRC showed the estimated cost of pension tax relief in 2020/21 is £42.[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 24th December , 2021
Tax office backlog delays refunds The tax office has been hit by a backlog that has seen it fail to process refunds worth thousands of pounds, reports the Telegraph, with the paper looking at feedback on the tax authorit[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 23rd December , 2021
Small firms hit by Omicron concern Small businesses have seen sales drop in the run-up to Christmas after the Government urged the public to work from home and cut down on social contact due to concern over the Omicron [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 22nd December , 2021
Three-day wait for Statutory Sick Pay to return next year The standard three-day waiting time for Statutory Sick Pay (SSP) will be reinstated for coronavirus (COVID-19)-related claims from 25 March 2022, unless the gove[...] continue reading