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.
Thousands of savers caught out by pension tax traps
Breaches of two pension allowances cost savers £817 million in 2018/19.Where do we stand with the UK’s property taxes?
More changes to the UK’s property taxes took effect this month.COVID-19 loans hit total value of £80 billion
BBLS applications accounted for the majority of claims.State pensions predicted to rise by 8%
The raise would cost the Treasury £3 billion.Post-pandemic job exodus could cost businesses up to £17 billion
The cost equates to £10,076 per business.HMRC posts renewal reminder for tax credits claims
Some review packs require a reply for renewal.Sweeping VAT changes for goods outside the EU
The EU launches its long-awaited one-stop shop.Employers start contributing to furlough payments
The furlough scheme begins winding down.Stamp duty holiday to begin tapering off
Lower nil-rate threshold in England & NI due in tomorrow.FCA bans world’s largest cryptoasset exchange from UK
Binance Markets Limited has until tomorrow to comply.
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.
