Vale & West Chartered Accountants Blog

Monthly Archives: March 2018

TRP to be given more teeth

Vale & West
Mar 29,2018
Carole Holt

The Department for Work & Pensions (DWP) has said it will improve the regulatory grip of the Pensions Regulator (TPR) so that the body can better deal with the rogue handling of defined benefit (DB) schemes by some employers.

SME retailers expecting sales boost over Easter weekend, study finds

Vale & West
Mar 29,2018
Blog

New research carried out by Royal Mail suggests that a quarter (25 per cent) of small and medium-sized enterprises (SMEs) in Britain’s retail sector are anticipating strong sales over the Easter bank holiday weekend.

Minimum energy levels for landlords

Vale & West
Mar 28,2018
Accounting,Blog,Kathryn Cutts

The vast majority of landlords appear to be unaware that new legislation could mean they face fines of up to £4,000 after 1 April this year if they are found to be renting out new lets with an Energy Performance Certificate (EPC) rating below E.

Businesses briefed on new ‘plastic tax’

Vale & West
Mar 28,2018
SME,SMEs,SMEs / Business

The Government will introduce a new ‘plastic tax’ later this year providing it passes the consultation period, according to a new report.

Tax on online earning

Vale & West
Mar 26,2018
Richard Ziemba

The Institute of Chartered Accountants has warned that individuals could end up paying enormous “marginal” tax rates by earning just £1 more than the trading allowance that covers marketplace websites such as Ebay and AirBnb.

HMRC experimenting with robotics and AI

Vale & West
Mar 26,2018
Blog

In recent days, it has emerged that HM Revenue & Customs (HMRC) is investigating new ways in which robotics and artificial intelligence (AI) could be used to check the accuracy of tax returns.

Enquiry into BBC forcing use of PSCs

Vale & West
Mar 26,2018
Carole Holt

The Digital, Culture, Media and Sport Select Committee has been hearing evidence that hundreds of BBC presenters were forced to form companies so they could be treated as freelancers, which has left many of them facing large tax demands.

HMRC to help make tax system fairer

Vale & West
Mar 23,2018
Blog

The Treasury has announced new legislation which is hoped to even the playing field for businesses trading in the UK and ensure that they all pay their fair share of tax.

Three upcoming tax changes you may not have considered

Vale & West
Mar 22,2018
Blog,SME

As the UK tax year comes to an end, you may not have considered how the new devolved Scottish rate of income tax (SRIT) will affect you, your business or your family. Here are three things which you should know about tax in 2018/19.

Are you ready for the new Customs Declaration Service?

Vale & West
Mar 21,2018
Blog

HM Revenue & Customs has published a new report on how businesses can begin preparing for the new Customs Declaration Service (CDS).

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