Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 28th January , 2025

UK SMEs are reporting plummeting levels of confidence going into 2025 largely based off Rachel Reeves’ Autumn Budget announcements ACCA’s latest survey of business confidence showed a stark difference [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 22nd January , 2025

Labour must cut taxes to promote growth Several commentators call for Labour to cut taxes or risk crashing the economy. Liam Halligan says in the Sunday Telegraph that Sir Keir Starmer’s administration “has [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 14th January , 2025

Extra funding for HMRC has raked in £45.7bn in tax probes in 2024, a £10bn rise from the previous year, while over £10bn more in VAT may yet be recovered from large businesses Some 5,000 more com[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 08th January , 2025

Further tax raids loom Economists predict that Labour will need to implement further tax increases before the next general election due to weak economic growth during its tenure. A survey of 96 experts indicated that wh[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 01st January , 2025

Economists have warned that Reeves’ inheritance tax raid will cost the Treasury over £1billion more than it makes.   Analysis by CBI Economics shows the Treasury has ‘underestimated the impact&rs[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 18th December , 2024

Workers brace for higher taxes Workers in the UK are set to face an additional tax burden of up to £4,000 next year due to changes announced in the Budget. The adjustments include higher capital gains tax (CGT) rat[...] continue reading