Vale & West Chartered Accountants Blog

Author Archives : Vale & West

Consultation on R&D tax credit scheme

The Government is currently consulting on proposals, which suggest that there should be a cap on the distribution of research and development (R&D) tax credits for struggling small and medium-sized enterprises (SMEs). Moreover, the BioIndustry Association (BIA) has raised concerns that if implemented, this could harm a thriving sector. Read More

Almost half of all UK SMEs think technology is more important to their business than people

Almost half of all small and medium-sized enterprises (SMEs) believe that technology is more important to their business than people, according to new research. Read More

New SRA Accounts Rules given go-ahead

The legal regulator has given the go-ahead on planned changes to Solicitors Accounts Rules which are set to be introduced later this year. Read More

Labour market outlook buoyant but salaries remain stagnant

A recent report suggests that despite ‘challenges’ in recruitment and retention, the jobs market is continuing to boom, although a significant number of salaries remain stagnant. Read More

How ‘Connect’ targets tax evaders

HM Revenue & Customs’ (HMRC) new £100 billion supercomputer, known as ‘Connect’, is being used to target tax evaders, who are costing the economy more than £5 billion every year. Read More

Are you aware of the inheritance tax risks associated with gifting?

According to new research conducted by the National Centre for Social Research (NatCen) and the Institute for Fiscal Studies (IFS), only one in four people who make financial gifts are aware of the inheritance tax (IHT) risks. Read More

HMRC wins disguised remuneration disputes

HM Revenue & Customs (HMRC) have been awarded the ruling in two cases involving disguised remuneration arrangements, reports have revealed.  Read More

Workers could be missing out by not checking personal tax accounts

According to the latest research from the Post Office, just under half (46 per cent) of workers have never checked their personal tax accounts. Read More

Competitive legal landscape resulting in innovation at the bottom

Start-ups, niche ‘boutique’ practices and sole practitioners are outperforming traditional law firms in terms of growth and profit per equity partner, new research has revealed. Read More

Government urged to scrap VAT changes on renewables

Trade associations representing the smart power industry have written a joint letter to the Government and have called for proposals to raise VAT on certain energy-saving materials to be scrapped. Read More

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