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.
Economic recovery stalls in July
GDP grows by 0.1% in July 2021.Registration service opens to non-taxable trusts
Taxable trusts receive extended registration period.Sunak announces date for Autumn Budget
Spending Review to be held alongside Autumn Budget.Pensions triple-lock to be suspended for one year
Pensioners to miss out on promised £4bn increase.NICs rates to increase by 1.25%
Tax rise to help fund the NHS and pay for social care.Stamp duty receipts hit high, despite holiday
Receipts for July 2021 second highest on record.Call to scrap proposed basis period reform
Reform could create as many problems as it solves.EVs could ‘create £30bn tax hole’
Calls for new road pricing system to replace fuel duty.Summer saving hampers consumer spending
Britons’ savings down in July but above expectations‘Cladding tax’ a step closer to 2022/23 introduction
HMRC considers bringing in a new residential property developers’ tax.
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.