Getting On Top of Self-Assessment

Why 2019/20 is the year to get it done early. With everything that’s happened so far this year, it might be easy to forget your obligations to file a Tax Return for 2019/20 by midnight on 31 January 2021. The Coronavirus pandemic and subsequent economic crisis has...

Minimising the Capital Gains Tax Bill

There are many ways in which your eventual liability to capital gains tax (CGT) can be minimised, particularly when share prices are depressed. Many of us may currently have some time on our hands to accelerate tax year end planning. Central to this is making use of...

Local Accountancy Firm Joins Forces with Age UK Bury

Press Release 19 February 2020 Re: Local Accountancy Firm Joins Forces with Age UK Bury Bury accountancy firm, Horsfield & Smith, are delighted to support Age UK Bury as their Charity of the Year for 2020. Age UK Bury is an independent charity. The trustees are...

How Can ‘What if’ Scenarios Improve Business Performance?

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. ‘What if’ scenarios can improve the...

Why Cash Flow Projections Are Essential for SMEs

Cash flow is a major headache for many businesses– if a business runs out of cash and is unable to get any funding, it will become insolvent. A business owner that focuses on profit and ignores cash flow is at higher risk of failure – by calculating your projected...

The Importance of an Exit Strategy

What is an Exit Strategy? An exit strategy or “succession plan” is a plan for when you want to leave your business. Most entrepreneurs sell their business for a change of ownership. Executing a well thought out exit plan or strategy can significantly increase your...