
Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 09th November , 2023
HMRC forces thousands to pay taxes they don't even oweHMRC processed 18,851 tax refund claims with the average tax overpayment being £3,252 from July to September this year. The latest official figures show the ext[...] continue reading

posted in Business advice for motorsport businesses by Mark Stephenson on 06th October , 2023
Office for National Statistics (ONS) figures show that the UK economy has grown faster since the start of the pandemic than initially thought. Revised data shows that the economy has grown by 1.8% since the pandemi[...] continue reading

posted in Business advice for motorsport businesses by Mark Stephenson on 03rd October , 2023
The Office for National Statistics (ONS) figures for August showed that monthly public sector borrowing £11.6bn, which was below the £13bn forecast by the Office for Budget Responsibility. Economists ex[...] continue reading

posted in Business advice for motorsport businesses by Mark Stephenson on 29th September , 2023
The Office of the Small Business Commissioner, which was set up in December 2017 to tackle late payments, has reclaimed less than £800,000 for small businesses, including those in the motorsport sector, since June [...] continue reading

posted in Business advice for motorsport businesses by Mark Stephenson on 27th September , 2023
Research conducted by Smart Energy GB shows that one in five small businesses has re-invested all their profits to stay afloat this year. The cost-of-living crisis, energy price hikes, and increased supplier costs have e[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 26th September , 2023
Wealth taxes on the increase amid cost-of-living crisis Analysis by the Organisation for Economic Co-operation and Development (OECD) has flagged a “notable” rise in countries increasing wealth and property t[...] continue reading