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.
Setting and reviewing employee pay
Determining your employees’ pay rates for 2021/22.IPPR: 600,000 firms could collapse without further support
Up to nine million jobs may be affected without an extension.VAT reverse charge reminder
The charge comes into effect from 1 March 2021.Record annual slump for UK economy in 2020
COVID-19 prompts UK GDP to fall by 9.9%.Govt. unveils £20m SME Brexit support fund
The grants are worth up to £2,000.CBI calls for further COVID-19 support
Failing to extend existing support will “stunt economic recovery”.1 in 3 house sales collapse as stamp duty deadline looms
29% of proposed purchases fell through in January.FSB: Govt. must extend business rates relief to 2022
The organisation is urging for the threshold to be changed.Firms get more time to repay bounce-back loans
Repayments can be spread over ten years, rather than six.COVID-19 business lending passes £71bn
Around 1.4m firms have accessed BBLs since May 2020.
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.