Vale & West Chartered Accountants Blog

Category Archives:Accounting

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

Audit of insolvent company uncovers £40,000 in concealed assets

A travel operator has been shut down after attempting to hide £40,000 in company assets. Read More

Government set to reform Companies House

The government is set to change the way Companies House works, with the largest reform of the company registration system in more than 100 years. Read More

Bankruptcies expected to rise to highest levels in five years

The amount of people declaring bankruptcy is anticipated to reach its highest quarterly level in five years. Read More

SRA confirms date for launch of new Solicitors’ Accounts Rules

The Solicitors Regulation Authority (SRA) has this month confirmed a date for the launch of the new regulatory model for solicitors in England and Wales. Read More

Businesses losing out on £6.7 billion by using out of date accounting systems

Research carried out by Barclaycard found that more than one-fifth of finance officers consider their accounting software is outdated, while 16 per cent revealed that companies are not making the most of early payment discounts, losing an estimated £6.7 billion each year. Read More

Businesses losing out on £6.7 billion by using out of date accounting systems

Research carried out by Barclaycard found that more than one-fifth of finance bosses consider their accounting software is outdated, while 16 per cent revealed that companies are not making the most of early payment discounts, losing an estimated £6.7 billion each year. Read More

FRC calls for tougher rules surrounding ‘going concerns’

The Financial Reporting Council (FRC) has called for stricter standards when assessing whether an entity is defined as a ‘going concern’. Read More

Trading after Brexit: What is an EORI number and why do I need one?

The Government has written to more than 145,000 VAT-registered businesses across the UK, explaining the potential changes to customs, excise and VAT in the event that the UK leaves the EU without a deal. Read More

Capital gains tax payment rules warning to residential property owners

The Association of Taxation Technicians (ATT) has issued a warning to residential property owners, about the need to carefully consider the timing of any sale or gift of their property in future. Read More

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