Business advice for motorsport businesses

posted in Business advice for motorsport businesses by Phil Harris on 08th August , 2022

Over the last quarter Croner-i has seen the number of insurance claims increase by 60% as HMRC ramps up enquiry activity into potential tax avoidance Michele Spicer, claims control manager at Croner-i said: ‘From [...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 05th August , 2022

Half of small firms hit by late payment Federation of Small Businesses (FSB) research shows that between April and June, half of the 1,300 small business owners and sole traders polled reported being paid late, while on[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 04th August , 2022

Hello,A friend of mine warmly recommended your company. I am starting a new business in N'mpton, applied for the Lloyds business bank account but did not receive it yet. I expect the first large, about £400,000, tr[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 27th October , 2012

HMRC clamps down on R&D tax relief fraud A clampdown by HMRC on fraudulent claims for R&D tax relief will mean companies face a longer wait for their claims, experts have warned. Where payments used to be made i[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 02nd August , 2022

CGT rules for divorcing couples to change next year The Government has announced that Capital Gains Tax (CGT) rules for divorcing couples will change on 6th April 2023. Currently, if a couple transfers assets between th[...] continue reading

posted in Business advice for motorsport businesses by Phil Harris on 01st August , 2022

IHT receipts rise by £300m in Q2 to £1.8bn An analysis of inheritance tax receipts by investment experts at Wealth Club shows one in 25 estates now pay the tax, and with the thresholds frozen, more will soon[...] continue reading