Business advice for motorsport businesses
posted in Business advice for motorsport businesses by Phil Harris on 24th February , 2023
High tax rates risk a brain drain from Britain Chairman of Capital Economics Roger Bootle argues in his Telegraph column that high corporation tax rates are deterring investment in the UK while high personal tax rates t[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 23rd February , 2023
New banking regulations a threat to small business lending The cost of borrowing for small businesses including many motorsport businesses could increase by a third due to the UK’s approach to the latest round of [...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 15th February , 2023
Sunak warned against corporation tax increase The Prime Minister is being urged by senior Conservative backbenchers, business chiefs and economists to abandon his plan to increase corporation tax in the Spring Budget. T[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 21st February , 2023
Accountants call for action over ‘diabolical’ HMRC service The Institute of Chartered Accountants of England and Wales (ICAEW) has warned that understaffing at HMRC is causing unacceptable delays. ICAEW chie[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 16th February , 2023
Former BoE economist: Hunt has no room for tax cuts Former Bank of England economist Sir Charlie Bean says that while Chancellor Jeremy Hunt may have some “wiggle room” on spending in his March Budget, there [...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 15th February , 2023
A million more people face taxes on savings A stealth raid by the Treasury and higher interest rates will see a million more Britons including many motorsport business owners start paying tax on their savings this year.[...] continue reading