Blog
Commentary and insight
Our team of experts keeps a close eye on developments in tax law and financial regulation. Our blog is where they interpret the ever-changing statutory landscape in plain English, highlighting what’s important and offering practical advice on what businesses can do to avoid pitfalls or seize the opportunities presented.
How to Run a Lean Manufacturing Business Model
Keeping your operational expenses under control, while also remaining efficient and meeting customer demand can be a challenge – one that can catch out many new business owners. This is why running your enterprise using a lean business model is...
How Do Capital Allowances Reduce Your Tax Bill?
Generally speaking, the business expenses you incur are allowable against your profits. But when it comes to fixed asset purchases (things like machinery, equipment or vehicles), these purchases are treated slightly differently. To reduce your tax...
A Tax Promotion for Emma Brierley
The Directors at Horsfield & Smith are delighted to announce that Emma Brierley has been promoted to Tax Manager with immediate effect. Peter Alvarez, Tax Director, commented: “Emma has been instrumental in growing our advisory offering and she...
Celebrating the Success of Newly Qualified Accountant
Press Release: 27 September 2023 Bury based Accountants, Horsfield & Smith are celebrating the success of their newly qualified Chartered Accountant, Alicia Whittle. After leaving Holy Cross College in September 2015, Alicia joined Horsfield...
Get in Control of Your Inventory to Improve Efficiency and Cash Flow
As a manufacturing or product based business, efficient stock management is a big part of running a smooth operation. But the way we manage stock and inventory has changed radically in the past decade, in no small part due to the evolution of...
Top Tips for Choosing the Right Accounting Software
How to find the best option for your business. In today’s fast paced and competitive business environment, having the right tools and systems in place is crucial for success. However, one tool that sometimes goes overlooked is accounting software,...
4 Key Areas to Think About When Purchasing a Buy-to-Let Property
Purchasing a buy-to-let property is an increasingly popular way to invest in your future and to give you and your dependents some financial security. But starting a property portfolio and becoming a landlord is something that requires plenty of...
Accurate Bookkeeping Services for the Busy Business Owner
Accurate bookkeeping is key to the success of any business. Contact our experienced and qualified Bookkeepers for a quote on 0161 761 5231
Using ‘What If’ Scenarios to Grow Your Business
Planning for and analysis of different scenarios is essential for all businesses to ensure their future success – performing ‘what if’ scenarios can help business owners to better understand each financial decision or investment. Scenario planning...
Using KPIs to Improve Your Business Performance
Key Performance Indicators (KPIs) are measurable values that show how effectively a business is realising its key objectives. How you measure the success of your business is vital to ensure you meet your overall strategic plans and objectives....
Summary of Xero and Flowlens for Equipment and Device Manufacturers
Xero Xero has over 3 million subscribers and is one of the most effective accounting software platforms across the globe. Xero allows for third party apps to integrate with the software – currently, there are over 700 apps that can be used for...
What Are the Main Changes to R&D Tax Relief?
The tax relief scheme for Research and Development (R&D) is an important way to cut the costs of investing in R&D, development projects and innovation across your business. However, the Spring Budget 2023 has brought in several changes to...
What we can do for you
Find out more about the full range of business and tax advisory services Horsfield & Smith offers to businesses and individuals across Greater Manchester and the North West of England and see how we can help you achieve your goals for growth.
