News
Tax and finance updates
Every day brings news of changes to tax law or government policy, or the emergence of facts and figures with implications for British businesses and individuals. Our daily news feed helps our clients keep their fingers on the pulse of what’s going on, with comment and insight from industry figures, government officials and trade bodies.
Third SEISS grant opens
The grant will offer a lump sum up to a maximum of £7,500.Government urged to issue more support for small firms
Every area in England falls into one of three alert levels.SEISS grant applicants to face new test
To qualify, businesses must meet new rules on trading conditions.UK economy to contract by 11.3% in 2020
The OBR predicts the economy will grow by 5.5% in 2021.Are big changes afoot for capital gains tax?
The OTS recommends options for COVID-19 tax grab.HMRC reveals MTD for corporation tax plans
Latest tax to go digital set to roll out from 2026 at earliest.ATT calls for seasonal party guidance
Clarification needed on tax exemption for annual functions.AIA limit to remain at £1m until 2022
Temporary threshold in place until 1 January 2022.New help-to-buy equity loan scheme set to launch
First-time buyers can get up to 20% off the cost of a new home.UK borrowing hits £22.3bn in October
Borrowing hit its highest levels in October since records began in 1993.
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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.