Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 16th October , 2024

Small business owners lament lack of time Research reveals that small business owners are losing an average of £4,000 annually due to time constraints affecting their financial management. A study of 500 SME owner[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 25th September , 2024

Chancellor warned over CGT hike Businesses supported by BGF, the UK's leading private equity investor, have expressed concerns over potential cuts to investment if Chancellor Rachel Reeves raises capital gains tax (CGT) [...] continue reading

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

Tech leaders warn Labour over tax hikes Prime Minister Sir Keir Starmer has pledged that Chancellor Rachel Reeves' upcoming Budget will focus on economic growth and wealth creation. However, proposed tax increases, part[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 11th September , 2024

Small businesses bounce back with confidence Recent research from Novuna Business Finance indicates a resurgence in small business confidence following the new Government's installation. The study, which surveyed 1,000 s[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 09th September , 2024

Non-dom tax overhaul could backfire The Government's proposed overhaul of the non-dom tax regime could lead to a loss of £1bn, according to research by Oxford Economics. The current system allows wealthy foreigners[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 02nd September , 2024

The tale of a black hole According to the OBR the government collects £39,000 per household in taxes. Despite that eye watering amount, the Government spends £42,000 per household and puts the £3,000 s[...] continue reading