Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 03rd December , 2023

Treasury minister does not rule out pre-election tax cuts Laura Trott, the chief secretary to the Treasury, has not ruled out the possibility of more tax cuts ahead of a general election. She told Sky News’ Sunday[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 29th November , 2023

Frozen thresholds drive up tax burden The most eye-catching measures announced in the Chancellor’s Autumn statement were a 2% cut in National Insurance, from 12% to 10%, and making the “full expensing”[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 28th November , 2023

Jeremy Hunt to make ‘full expensing’ capital allowance regime permanent The Chancellor will make permanent a £10bn-a-year tax break for companies that invest in equipment and technology, according to th[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 27th November , 2023

OECD tax deal will harm UK sovereignty The UK Government is on the verge of surrendering its tax sovereignty to the Organisation for Economic Cooperation and Development (OECD) in Paris, writes Fred de Fossard, head of t[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 24th November , 2023

Bailey: Inflation risk underestimated by markets The Governor of the Bank of England, Andrew Bailey, cast a shadow over the Autumn Statement on Tuesday warning that the persistence of UK inflation was being underestimate[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 23rd November , 2023

Chancellor urged to tackle ‘unacceptably poor service’ at HMRC The Association of Chartered Certified Accountants (ACCA) has called on Jeremy Hunt to accelerate plans to improve HMRC’s performance amid [...] continue reading