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.
LITRG warn of ineffective tax refund companies
Taxpayers repaying HMRC after ‘invalid’ company claims.Employee share schemes under review
The Government aims to simplify the system.Ministers must support HMRC, says CIOT
CIOT’s new president urges Government for more support.ATT calls cash basis changes ‘limited’
Government consultation proposes changes to the accounting method.Fuel advisory rates update
Diesel rates for company cars have been cut.Nearly 800 mortgage deals withdrawn
Lenders are concerned about future interest hikes.Access to finance limited for SMEs
Low awareness and high borrowing costs limit growth.Self-assessment threshold increases to £150,000
Fewer PAYE taxpayers will submit returns in 2023/24.Inflation falls to 8.7% in April
Food prices remain at “near historic highs”.UK economy will “avoid recession”
IMF upgrades its growth forecast.
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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.