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.

COVID-19: Government Support for Businesses

On Friday 20 March 2020 the Chancellor set out a package of measures to support public services, people and businesses through the period of disruption caused by COVID-19. The package of measures to support businesses includes: • Coronavirus Job...

read more

Important Information COVID-19

In view of the current situation, we are following advice from the government and would like to reassure you that Horsfield & Smith remains fully operational and open for business – we have procedures in place to enable us to continue providing...

read more

Has the Time Come for Cryptocurrency?

Cryptocurrencies may have attracted their fair share of controversy, but there is little doubt their usage is becoming increasingly commonplace and acceptable. More companies are accepting digital tokens as payment, investors now consider them an...

read more

Staying Afloat After a Flood

Dealing with the aftermath of a flood is a challenging time for affected businesses. Although tax may not seem the most pressing issue for businesses trying to stay afloat, complications can arise. Business owners will still need to make tax...

read more

New Year Resolutions for Family Companies

1. Deliberately decide what to take out Why? Because getting the best tax results is never a matter of chance The most tax efficient way to extract profits for director-shareholders is usually to pay a minimal salary and top up with dividends. The...

read more

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....

read more

#taxtip – Review Your Business Structure

You may be able to reduce your annual tax bill by reviewing your business’s structure, as there are often significant tax savings to be made. During the early years of a business, it may be preferable to operate as a sole trader or in a...

read more

Capital Gains Fall-Out for Couples and Family Homes

Married and divorcing couples, including civil partners, should be alert to change to the capital gains tax (CGT) rules on private residence relief Divorcing couples Tax is never at the top of the agenda when a relationship ends, yet the tax...

read more

Curing the Top-Earner Pensions Tax Problem

NHS pensions made news last year, with consultants and GPs blaming large tax bills, linked to pension statements, for making some work ‘uneconomic’. Why should high-earning power, coupled with pension provision, spell trouble – even for top-earners...

read more

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.