Vale & West Chartered Accountants Blog

Will the minimum wage rise push graduate workers into unexpected student loan repayments?

The upcoming rise in the National Minimum Wage to £12.21 per hour from April has prompted fresh challenges for businesses, especially when managing graduate employees in non-graduate roles.  

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How tax wrappers can mitigate the impact of rising Capital Gains Tax

The Autumn Budget brought unwelcome news for investors, with the Government announcing immediate increases to Capital Gains Tax (CGT) rates.

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Is your business prepared for increased HMRC scrutiny?

Recent figures show that HM Revenue & Customs (HMRC) recovered £45.7 billion in tax probes in 2024, a £10 billion increase from the previous year.  

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Charging company electric vehicles – Costs, reimbursements, and tax implications

With the rise of electric vehicles (EVs), many company directors and employees charge their cars at home.  

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Is your business environmentally sustainable? Why going green can improve your bottom line

For business owners, sustainability might have been something viewed as a nice-to-have or a PR exercise in the past, but because the regulatory landscape is changing fast, businesses that do not get ahead of these changes risk being left behind. 

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Double cab pickups – How long will they be taxed as vans and when will they switch to car tax rules?

For years, double cab pickups have benefited from being classified as goods vehicles for tax purposes, allowing businesses to enjoy lower benefit-in-kind (BIK) rates.  

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Smart pricing strategies – Protect your business without losing customers

More than half of UK businesses plan to raise their prices in the next three months, according to the British Chambers of Commerce (BCC).  

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Directors’ loan accounts: How Section 455 impacts you

Directors’ loan accounts (DLAs) are a common financial tool for owner-managed businesses.

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What tax reliefs can businesses in the creative industry claim?

To support the vibrant sector that is the creative industry, the Government offers an array of tax reliefs and expenditure credits. 

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Don’t let Self-Assessment become the Grinch that steals your Christmas

Christmas. A time of year for tinsel, turkey, tangerines, and… tax returns?  

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