Category: Motor Retail

Maximising Tax Relief on Motor Dealer Properties

November 2016

Tax relief (also known as ‘capital allowances’) on buying plant and machinery is fairly well understood, but far less appreciated are the capital allowances available on fixtures and fittings included in a building such as a new car showroom. These...

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Motor Dealer Report 2016 – Now Available

July 2016

Our MHA Motor Dealer Report 2016 shows that the sector is very positive and optimistic about the next 12 months. However, the recent Brexit vote has thrown an element of uncertainty into the mix. The report looks at Financial Performance Drivers,...

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MHA Motor Dealer Survey 2016/17

May 2016

The MHA motor sector are conducting a study to understand more about the issues and challenges that dealerships face. The survey is split into three areas; Financial Performance Drivers, Operational Performance Drivers and Future Industry Outlook. The survey will be sent...

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Budget 2016: Impact on the Motor Retail sector

March 2016

Gareth Peters, a Tax Director in our Motor sector offers his views on this year’s budget and considers some of the implications for dealers. Having previously announced increases in dividend tax rates for 2016/17, the Chancellor had some good news...

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Autumn Statement – key announcements for the motor industry

December 2015

Overall the Autumn Statement seemed to be a promising investment for the motor sector. See below for a summary of the key announcements made in George Osbourne’s speech which will impact the industry: Company car tax: the three per cent diesel supplement...

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Summer Budget: key announcements for the motor sector

July 2015

On the 8th July George Osborne announced the first majority Conservative budget in nearly 20 years. This was indeed a ‘big budget’ and the changes it will prompt over the next few years are wide ranging. Within the announcements there were a number...

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MHA motor sector strengthened by Sam Pettengell’s arrival from Vauxhall

May 2015

We have strengthened our specialist automotive team with the arrival from Vauxhall Motors of Sam Pettengell as Director in the Motor Sector. Sam will head up our motor advisory service, providing support to UK and international clients, working closely with the tax and audit...

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Autumn Statement: Implications for the Motor Sector

December 2014

Compared to previous speeches by the Chancellor, this time’s statement held relative few large changes, no doubt adopting a ‘treading carefully’ approach in the run up to the election. Whilst there is some incidental support for the motor sector (fuel...

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Second Motor Trader MHA Dealer Confidence Barometer shows a change in levels of optimism

October 2014

MHA and Motor Trader’s second joint industry barometer survey shows that the optimism shown at the beginning of the year has certainly been eroded in the second half of the year, particularly in relation to margins and the delivery of...

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