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.
HMRC collects £27.9bn less tax
Tax revenues fall by 4.4% to £608.8bn.Bank of England resists pressure to raise interest rates
Interest rates maintained at 0.1%.37% of businesses report higher prices
Prices increase faster than usual in October 2021.New ‘cladding tax’ to start in 2022/23
Revenues to support removal of unsafe cladding.3 in 5 pension schemes fail to consider climate change
Investors are at risk of lower returns.Shipping firms that fly red ensign flag to get tax breaks
Other reforms to simplify the tax regime.Business rates relief for hospitality, retail and leisure in 2022/23
50% discount available, up to maximum of £110,000.Sunak extends recovery loan scheme
Applications will be available until June 2022.Autumn Budget 2021: reactions
Business leaders and experts weigh in on the Autumn Budget 2021.Sunak cuts air passenger and alcohol duties
Fuel duty frozen for the 12th consecutive year.
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.
