Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Haris on 15th November , 2021

Small firms key to meeting net zero target Nimble small businesses are adapting their products and practices to reduce their impact on the environment in ways large companies with profit-focussed shareholders cannot, rep[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 12th November , 2021

Governor warns Bank will raise rates if inflation drives higher wages The Bank of England will raise interest rates if expectations of higher inflation drive up wages, says Governor Andrew Bailey. He said the Bank would [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 11th November , 2021

Over a million more dragged into 40% rate by 2026 Someone who takes home £40,000 a year today will exceed the threshold for 40% income tax within the next four years if wage growth continues at its present rate of[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 10th November , 2021

Tax rule change could increase bills for self-employed workers Analysis of documents released following Chancellor Rishi Sunak's Budget show that self-employed workers may face higher tax bills due to a new way of repor[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 09th November , 2021

HMRC’s Making Tax Digital (MTD) programme is expected to generate £265m of additional revenue this year which is 45% lower than the original forecast of £470m A report by the National Audit Offic[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 08th November , 2021

Rishi Sunak seeks to boost R&D with overhaul of UK’s tax relief system Chancellor Rishi Sunak has committed to making R&D tax reliefs fit for purpose, saying the Government will maintain its target to incr[...] continue reading