Vale & West Chartered Accountants Blog

Six months until MTD pulls in one million more taxpayers: What you need to do now

There are now six months until the scope for MTD for Income Tax opens up to sole traders and landlords earning over £30,000 ahead of 6 April 2027.

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Pensions are washed – How Gen Z’s abandonment of pensions impacts employer obligations

A common topic of debate among those financially savvy is how young is too young to begin saving for retirement.

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Diesel and oil crisis: Is your business preparing for the unexpected?

A recent meeting with G7 leaders resulted in 100 million barrels of diesel and oil to be shared from reserves, following threats of oil embargoes and further price rises.

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Andy Burnham unveils a £210 million package to regenerate high streets: The ‘punishing’ tax burden’s impact on the high street

In late September, Andy Burnham announced a £210 million cash injection into high street regeneration to convert vacant, derelict buildings into cafes and community hubs.

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Undeclared medical sector consultancy income becomes latest target of HMRC intervention

HMRC is currently sending out letters to people conducting consultancy work in the medical sector in an effort to close part of the tax gap.

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How can your accountant help you with Bookkeeping?

Bookkeeping is often the least favourite task for business owners, but it remains essential. Read More

Why do profitable businesses still face cash flow challenges?

Unfortunately, a business can be profitable and still face cash flow challenges. While this may seem nonsensical, it is an issue that many SMEs face as they balance liquid funds against everyday realities. Read More

Tis the season for sickness – How powering through harms productivity

Following the brutal summer of blazing heat and droughts, the weather has shifted as colder air sweeps through the country. Read More

The most wonderful time of the year for tax savings: HMRC’s £150-a-head party exemption

As the winter months approach and the nights begin to roll in, many businesses start to plan and book their annual Christmas bash.

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Following the latest Facebook fad? Did you know you need to pay tax on your cake shed?

While honesty boxes have long been a part of British culture, little sheds are popping up at the end of people’s front gardens that hold a mass of homemade cakes, brownies and sourdough bread.

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