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...
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 of your business –...
The new year marks the start of new beginnings, so there’s no better time to revisit your personal financial strategy. Drawing up an economic plan with clear, achievable goals can improve your long term financial health and help protect you and your family against...
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...
Purchasing a buy-to-let property is an increasingly popular way to invest in your future and to give you and your dependents some financial security. But starting a property portfolio and becoming a landlord is something that requires plenty of thought before you dive...
What to expect from April 2023. A number of changes are coming to income tax in April 2023 that will affect taxpayers across the UK. Many of these measures were announced by Chancellor of the Exchequer Jeremy Hunt in his Autumn Statement on 17 November 2022. According...
