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.
The economy grew by 2.3% in April 2021
Local holidays and hospitality drove the boost.Independent advisory group to help tackle ‘greenwashing’
It will oversee the implementation of a green taxonomy.HMRC crackdown on gifting rules claws back £624m
Families hit with big inheritance tax bills after believing gifts would not be taxed.R&D tax credits a ‘costly failure’
Research and development spending is lower than twenty years ago.New Government watchdog to protect workers’ rights
It will gain the responsibilities of three current agencies.£305,000 needed for a ‘comfortable’ retirement
That equates to £26,000 a year.OTS explores moving end of tax year
Tax simplicity is the priority for the OTS.Furlough figures fall to their lowest levels this year
The Treasury said its recovery plan ‘is working’.HMRC updates process for furlough claims
Updated templates should make the system easier.Hundreds of taxpayers caught out by IHT gift rule
Taxpayers lost out on over £600 million.
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.
