Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 18th October , 2022

Lender launches new £300m funding plan for fintech SMEs The data-driven lending firm Channel Capital Advisors has launched a new £300m funding plan for fintech SMEs. The fund, which has backing from global in[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 17th October , 2022

Time for a U-turn on IR35 freelancer tax rules Edward Troup, former executive chair of HMRC, says Kwasi Kwarteng’s backtracking on the enforcement of the so-called IR35 rules “does nothing for growth and unde[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 14th October , 2022

Time to Pay agreements become more expensive More than 850,000 taxpayers using Time to Pay agreements to pay their tax bills will have to pay more interest due to the hike in the Bank of England base rate. People paying[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 13th October , 2022

Treasury confirms cut to dividend tax The Treasury confirmed on Tuesday that it will reduce the rate of income tax on dividends. The move was announced by Chancellor Kwasi Kwarteng during his mini-Budget and will see th[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 12th October , 2022

The UK unemployment rate has fallen to its lowest level in nearly 50 years, according to the Office for National Statistics. Unemployment rates fell to 3.5% for June to August, the lowest recorded rate since early[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 11th October , 2022

UK not in recession after Q2 growth The UK's economy is not currently in recession, with a revised reading showing growth in Q2. Data from the Office for National Statistics (ONS) shows economic output was up 0.2% betwee[...] continue reading