Vale & West Chartered Accountants Blog

How SMEs should prepare for and handle tax investigations

Vale & WestNov 28,2023
Blog,Blogs,Business,Business Advice,Finance,SME,SMEs / Business,Tax,Tax News

Between the 2020/21 and 2022/23 tax years, there was a 21 per cent rise in tax investigations into SMEs, highlighting the fact that HM Revenue & Customs (HMRC) has ramped up its interest in this area. 

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How to use the new HMRC app for your tax returns

Vale & WestNov 23,2023
Blog,Blogs,Business,Business Blog,Finance,HMRC,Making Tax Digital,MTD,SMEs,Tax

For small businesses navigating the Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative, tax returns can be complex.

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Becoming a freelancer – setting up a limited company

Vale & WestNov 22,2023
Blog,Blogs,Business,Business Advice,Business Blog,Business News,Business Start-ups,Finance,self-employed,SMEs,Start ups

When making the decision to become a freelancer, you have two options. You can either set up as a sole trader or start a limited company.

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How fintech lending can help SMEs unlock new financing opportunities and boost growth

Vale & WestNov 21,2023
Blog,Blogs,Business,Finance,Financial Planning,SMEs,SMEs / Business

The current economic climate is less than favourable for small and medium-sized enterprises (SMEs).

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How the King’s speech could affect your business finances

Vale & WestNov 16,2023
Blog,Blogs,Business,Business Advice,Finance,SMEs,SMEs / Business

His Majesty the King’s speech, at the state opening of Parliament, is a significant event for businesses and financial professionals who rely on Government regulation to function effectively and within the law.

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Everything you should know before becoming a sole trader

Vale & WestNov 15,2023
Blog,Blogs,Business,Business Advice,Business Blog,Finance,SME,SMEs / Business,Tax

Starting a freelance career marks a significant transition from traditional employment but it’s a decision that many are nervous to make.

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What businesses need to know about recent updates to payroll

Vale & WestNov 14,2023
Blog,Blogs,Business,Business Advice,Employment and payroll,Finance,Payroll,SMEs,SMEs / Business,Wages

The Department for Business and Trade has recently released feedback on two major consultations concerning payroll and holiday entitlements. 

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How can the Marriage Allowance save you money?

Vale & WestNov 9,2023
Accounting,Blog,Blogs,Business,Business Advice,Business Blog,Money,Wealth Management

There are many financial and legal benefits to being married or in a civil partnership, but one of the most overlooked reasons is the potential for tax relief. This is because, thanks to the Marriage Allowance, where one partner earns below the tax threshold, they can transfer a portion of their personal allowance to the

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A look at the scalability of in-house vs outsourced accounting

Vale & WestNov 8,2023
Accounting,Blog,Blogs,Business,Business Advice,Finance,SMEs,Tax

As a business grows, its accounting needs become more complex and time-consuming.

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Address: 26 Queen Victoria Street, Reading, Berkshire RG1 1TG
Telephone: 0118 957 3238
Fax: 0118 956 7282
Email: accountants@valewest.com