Blog
Commentary and insight
Our team of experts keeps a close eye on developments in tax law and financial regulation. Our blog is where they interpret the ever-changing statutory landscape in plain English, highlighting what’s important and offering practical advice on what businesses can do to avoid pitfalls or seize the opportunities presented.
Self assessment tax returns: a guide from Horsfield & Smith
Under the self-assessment regime, individuals are responsible for calculating their tax liability and ensuring that any tax owed is paid on time. At Horsfield & Smith, Chartered Accountants in Bury, we understand the importance of staying...
Business funding solutions: Your path to growth
Every business, from its inception to ongoing development, requires funding at various stages. Choosing the right funding solution and source can significantly impact your business’s success. At Horsfield and Smith, trusted North West accountants,...
Why should you use automated payroll software?
Businesses enjoy sticking to what they know. If you’re comfortable with something, sticking by it often seems like the best way forward, even when it has glaring issues. This is often the case with company payroll. Many businesses still have...
The Autumn Statement 2024: How it affects your small business
Here’s our small business summary of the Autumn Statement with all the major tax, National Insurance and minimum wage changes explained for you. Read on for a breakdown of the major business announcements from the Autumn Statement 2024. A budget to...
A comprehensive guide to Corporation Tax Self Assessment (CTSA)
As trusted accountants and tax advisers in Bury, Horsfield & Smith has helped businesses across Greater Manchester and beyond navigate the complexities of Corporation Tax Self Assessment (CTSA). This system requires companies to calculate and...
Agency workers regulations: Auto enrolment impact
At Horsfield & Smith, we understand that managing agency workers can pose unique challenges, especially when it comes to ensuring compliance with employment law and auto enrolment obligations. The Agency Workers Regulations, which have been in...
Should you buy or lease your business assets?
When it comes to acquiring essential equipment for your operations, many business owners face the dilemma of whether to buy or lease business assets. There are certain items of equipment, machinery and hardware that are essential to the operation...
Maximising the value of your accounting records
Accurate record-keeping helps you file your VAT returns correctly and on time, reducing the risk of penalties. At Horsfield & Smith, we know that efficient tax management, VAT compliance and strong financial practices are key to your business...
Changes affecting landlords of residential properties
At Horsfield & Smith, we strive to keep our clients informed of the latest changes in tax law updates that may affect their business and personal finances. Recent updates to property taxation have significant implications for landlords of...
The Child Benefit Threshold Changes – Explained
The net income threshold for eligibility to claim Child Benefit has increased from £50,000 to £60,000. People with an income over £80,000 will no longer receive any Child Benefit. They must repay any amounts claimed. The tax amount will equal the...
Secure Your Legacy: Succession Planning for Your Business
At Horsfield and Smith chartered accountants, we aim to develop close working relationships with our clients. This allows us to understand their businesses intimately. We see all too often that many business owners are so focused on the day-to-day...
Unlock Your Business Potential: Business Advisory Solutions in the UK
Unlock your company's full potential by seeing your accountant as a strategic business adviser, not just a specialist in traditional accounting and tax compliance. At Horsfield and Smith, we provide expert business advisory solutions across the UK,...
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.
