Business advice for motorsport businesses
posted in Business advice for motorsport businesses by Phil Harris on 17th January , 2023
Motorsport SME confidence climbs Confidence among SMEs which includes many motorsport businesses is rising, according to research from Novuna Business Finance, with a poll showing that 53% want to obtain finance to [...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 23rd January , 2023
Small firms braced for jump in energy costs Small motorsport businesses on fixed rate energy deals face a surge in their bills when the Government's current Energy Bill Relief Scheme ends. As of April, a cap on the pric[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 20th January , 2023
1.8m over-65s forced to file tax returns Nearly two million over-65s including many motorsport business owners now have to file tax returns, according to HMRC data. More than 1.8m over 65s had to fill out a self-assessme[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 18th January , 2023
Covid fraud task force ‘not best value’ for UK taxpayers, admits HMRC HMRC will be closing its Taxpayer Protection Taskforce, set up in 2021 to recover billions lost through COVID-19 financial aid schemes, s[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 17th January , 2023
Late-payment fines system ‘prohibitive’ – Barclay Small Business Commissioner Liz Barclay has suggested she would not support proposals to fine companies guilty of slow and late payment of suppliers, sa[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 16th January , 2023
HMRC now charging 6% interest fee for unpaid tax HMRC has increased the interest rate it charges on unpaid income tax, national insurance, capital gains tax, stamp duty, corporation tax and inheritance tax by 0.5 percen[...] continue reading