Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 07th February , 2024

After an arduous 2023 season covering multiple events in Wales, Yorkshire and the Scottish Borders, Phil Harris secured a class win in the prestigious British Historic Rally Championship, the Premier League of historic r[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 07th February , 2024

Over 2,000 families investigated over IHT More than 2,000 families are being investigated by HMRC this tax year for not paying enough inheritance tax. HMRC opened 2,029 IHT investigations between April and November 2023.[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 06th February , 2024

Small business owners prioritise savings over pensions Small business owners are saving money in bank accounts at the expense of their retirement pot, according to a survey by Workwell and the Association of Independent [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 05th February , 2024

Workers hit by frozen thresholds as tax bills soar Households in the UK are paying nearly £3,000 more in tax on average since a stealth tax raid by ministers, according to new analysis. The personal tax bill has ri[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 02nd February , 2024

HMRC misses its own digital tax deadline HMRC has failed to meet the deadline for responding to MPs who criticised plans to digitise the tax system. The Public Accounts Committee issued a report criticising the tax offic[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 01st February , 2024

Average IHT bill to hit £239k The Treasury has seen a rise in inheritance tax receipts, with the total reaching £5.7bn in the nine months from April to December 2023. This is £400m more than in the same[...] continue reading