Harris & Co Blog
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Harris & Co motorsport accountants have a long history of supporting up coming drivers
New MTD rules
posted in Business advice for motorsport businesses by Phil Harris on 02nd April, 2025
HMRC recently confirmed that around 900,000 extra landlords and freelancers earning over £20,000 will be swept into the Making Tax Digital initiative from April 2028. It had already been confirmed that th [..] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 26th March, 2025
All self employed and landlords with income over £20,000 will have to file quarterly returns under Making Tax Digital for Income Tax from 2028 The government is also looking at extend MTD to those [..] continue reading
SME's raise prices
posted in Business advice for motorsport businesses by Phil Harris on 26th March, 2025
Small businesses to pass on tax hike costs Research shows that 71% of SMEs plan to pass rising employment costs onto consumers, with this a 15% increase from a poll in December. With employers’ National I [..] continue reading
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Rally Costa Brava success
posted in Business advice for motorsport businesses by Phil Harris on 19th March, 2025
The Harris & Co motorsport accountants backed Vauxhall Chevette successfully completed the 2023 Rally Costa Brava. The car came in 31st overall in the Open Category, competing against many more powereful an [..] continue reading
IHT hit to SME's
posted in Business advice for motorsport businesses by Phil Harris on 19th March, 2025
IHT hitting many family businesses beyond farming City AM reports on the impact of inheritance tax (IHT) changes on family businesses beyond the farming sector. While farmers have received significant media at [..] continue reading