A comprehensive guide to Corporation Tax Self Assessment (CTSA)

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 report their own tax...
Agency workers regulations: Auto enrolment impact

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 place since 2011,...
Maximising the value of your accounting records

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 growth. Here’s how...
A comprehensive guide to Corporation Tax Self Assessment (CTSA)

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 residential properties....
A comprehensive guide to Corporation Tax Self Assessment (CTSA)

Spotlight on Self-Assessment

What to watch out for when navigating this important financial obligation. The UK Self-Assessment System has its quirks and nuances. Understanding how to stay compliant is crucial to a smooth and stress free income tax process. From early paper deadlines to penalties...
A comprehensive guide to Corporation Tax Self Assessment (CTSA)

How Do Capital Allowances reduce your tax bill?

Generally speaking, the business expenses you incur are allowable against your profits. When it comes to fixed asset purchases, however (things like machinery, equipment or vehicles), these purchases are treated slightly differently. To reduce your tax bill when...