Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 17th July , 2024

Simplified tax system could boost UK finances Experts have suggested that the Government could provide a long-term boost to Britain's public finances by simplifying the tax regime. Labour, which has vowed not to raise th[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 10th July , 2024

National Wealth Fund launched to attract billions in private sector investment The Chancellor, Rachel Reeves, has revealed plans for a new National Wealth Fund aimed at attracting billions in private sector investment to[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 03rd July , 2024

Compared to 2021 when the tax thresholds were frozen a huge £63.2bn in income tax is predicted to be raked in by HMRC this year, with the total being a huge £272.6bn, £16.3bn more than the previous year[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 26th June , 2024

Households pay £1.4bn in IHT in two months HMRC has collected £1.4bn in inheritance tax in just two months, according to new data. The figures from HMRC show a £200m increase compared to the same period[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 19th June , 2024

Big banks increase small business lending Big banks' lending to UK small and medium-sized enterprises (SMEs) has seen its first notable rise in almost two years, with gross SME lending rising 15% in Q1 2024, reaching its[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 12th June , 2024

UK households face £800 annual tax rise after election, warns think-tank Tax rises "hiding in plain sight" are projected to generate £23bn annually by the end of the next parliament, regardless of the electio[...] continue reading