Business advice for motorsport businesses
posted in Business advice for motorsport businesses by Sarah Buswell on 23rd August , 2023
New figures from HM Revenue and Customs (HMRC) show the tax authority have increased the number of tax investigations undertaken by 21% over the pasts two years. HMRC was able to generate £814bn in tax revenue last[...] continue reading
posted in Business advice for motorsport businesses by Mark Stephenson on 22nd August , 2023
Paul Johnson, director of the Institute for Fiscal Studies, has warned against significant tax cuts before next year's general election, saying there is a risk that it could result in higher interest rates. While[...] continue reading
posted in Business advice for motorsport businesses by Mark Stephenson on 21st August , 2023
Office for National Statistics (ONS) data shows that the UK economy grew by 0.2% in Q2, outpacing the 0.1% growth recorded in the first quarter. On a monthly basis, June saw growth of 0.5%. Darren Morgan, the ONS's direc[...] continue reading
posted in Business advice for motorsport businesses by Mark Stephenson on 18th August , 2023
The UK Business Climate Hub has been launched to support SMEs, including those in the motorsport sector. The hub offers resources and advice on cost-effective climate initiatives, carbon credits, business grants, sustain[...] continue reading
posted in Business advice for motorsport businesses by Mark Stephenson on 16th August , 2023
Bibby Financial Services have released results from a poll it commissioned which shows that four in ten SMEs, including those in the motorsport sector, believe trading conditions are tougher now that they were during the[...] continue reading
posted in Business advice for motorsport businesses by Mark Stephenson on 14th August , 2023
HMRC have announced plans to achieve a 30% reduction to phone line access by 2025. Their plan is to resolve issues via online channels allowing resources to be used to provide specialist support for taxpayers who r[...] continue reading