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.

Brexit: New Rules – Government Guidance

The Government has updated its guidance on the new rules that apply to travel and doing business with Europe. You can check using the website below on what you need to do differently if you are: importing goods from the EU exporting goods to the EU...

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Celebrations for Newly Qualified Accountant

Horsfield & Smith are delighted to announce that trainee accountant, Ryan Denner, has recently qualified as a Chartered Accountant with the ICAEW (Institute of Chartered Accountants in England & Wales). After leaving school, Ryan studied A...

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Help our Client Fight Climate Change

We are extremely proud and delighted to support our client, Tomorrow's Forests, with their mission to plant trees and create more woodland and forests across the UK. Their passion and purpose is to plant trees in a fight to protect climate change....

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Do You Have a Strategic Plan in Place for 2021?

We would encourage all business owners to take the time to prepare a 2021 strategic plan. If you have an idea of what you want your business to look like when it is running successfully, then you are in a position to drive your business towards the...

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New Lockdown Grants Announced

On 5 January 2021, the Chancellor announced one off top up grants for retail, hospitality and leisure businesses worth up to £9,000 per property to help businesses through to the Spring. In addition, there is a £594 million discretionary fund also...

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Business Planning Tips for 2021

Business planning for 2021 is more difficult as we cannot predict the date of a return to normality or what will happen with Brexit just yet, however there are some practical steps you can take to minimise potential disruption to your business: 1....

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Exam Congratulations

The Horsfield & Smith team would like to congratulate Ashley Stephenson who has recently passed the Corporate Reporting exam for ACA. The team would also like to congratulate Alicia Whittle who has recently passed the Strategic Business...

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How to Manage Cash Flow in Your Business

Planning ahead to boost your business’s resilience. During what would normally be the busiest period of the year for businesses in retail, hospitality and other sectors, many will now be keeping a close eye on their cash flow as they deal with the...

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Covid-19 Update and Government Spending Review

'ECONOMIC EMERGENCY HAS ONLY JUST BEGUN' In his spending review yesterday Rishi Sunak said the "economic emergency" caused by Covid-19 has only just begun, as he warned the virus would mean lasting damage to growth and jobs. Official forecasts now...

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Business Diversification – Implications for Tax

Many businesses turned chameleon during Covid-19, changing core business to adapt. But whether you’re a florist making face masks or a farm shop starting home deliveries, what about tax? If a business starts a new trade, it’s normally treated as a...

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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.