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.
Bank of England raises interest rates to 1.75%
Increase sees the highest jump in 27 years.UK inflation hits 10.1%
Inflation reaches double digits for first time since 1982.Wages fall at record rate
Pay decreased during rising costs of bills.HMRC late payment interest rises this month
The decision follows Bank of England’s base rate increase.Economy shrinks between April and June
ONS says GDP fell as predicted by 0.1%BBRS urges SMEs to register banking disputes
The service is reminding businesses there are six months left.Number of non-dom taxpayers drops, says HMRC
Tax contributions still surpassed £7 billion.HMRC late payment rates to be revised
Changes will reflect the rise in interest ratesCharity powers expanding this autumn
Changes in financial governance taking place over the next year.Interest rates rise to 1.75%
UK forecast to fall into recession this 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.