Vale & West Chartered Accountants Blog

Category Archives:Kathryn Cutts

Business rates appeals plummet

According to the Valuation Office Agency (VOA), the number of appeals against business rates has plummeted because businesses are struggling to navigate the new ‘check challenge appeal’ (CCA) system. Read More

Streamlined Company Registration Service

According to the Government, more than 200,000 new businesses have used a new one-stop cross-Government service that allows new start-ups to register their business and also for tax and HMRC’s digital services at the same time. Read More

Added tax on hauliers would damage the economy

The Road Haulage Association (RHA) has slammed the Shadow Treasury’s plan to increase taxes on the haulage industry, saying that the move would “undermine the competitiveness of all UK industry”. Read More

Cash tax rebate for retailers

Recent research has found that more than 2,300 supermarkets, petrol stations and smaller shops are due to receive a cash rebate of more than £200 million after a recent landmark ruling found that retailers are not liable for business rates on cash machines (ATMs). Read More

Business rates loophole could be losing councils millions

A consultation into a business rates ‘loophole’, which could be costing councils in England millions of pounds, has been opened. The issue arises when second homes are confused with business lets. Read More

Self-employed hit by Budget

Chancellor Philip Hammond announced in his recent Budget that he is expanding the off-payroll working rules, known as IR35, to the private sector in 2020 in what has been described as a “smash-and-grab” on the self-employed. Read More

Calls for digital tax

A number of owners of the UK’s biggest restaurant and pub chains have written to Chancellor Philip Hammond urging him to carry out a ‘root and branch reform’ of the tax system, which they say should include a freeze on business rates and a levy on tech giants. Read More

Lowest business tax in G20

Prime Minister Theresa May has pledged that, post Brexit, the UK will have the lowest business tax of the group of countries that make up the most economically developed nations in the world. Read More

Interest rate alert for SMEs in the UK

Due to the unexpected inflation figures of 2.7 per cent this August, small medium-sized enterprises (SMEs) need to be prepared that the Bank of England could increase the interest rates much sooner than expected. Read More

Tax take helps to cut UK deficit

Public sector borrowing fell to £12.8 billion in the first four months of this financial year, which is down from £21.3 billion in the same period last year and the lowest amount since 2002, and this has been driven by tax revenues growing faster than spending. Read More

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