Vale & West Chartered Accountants Blog

Monthly Archives: February 2015

One in 12 charities is late filing financial details.

Vale & West
Feb 23,2015
Kathryn Cutts

Thousands of charities are filing their accounts or annual returns late.

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Flat rate pension tax relief proposed

Vale & West
Feb 23,2015
Kathryn Cutts

Pensions Minister Steve Webb has proposed a flat rate pension tax relief of 33 per cent so that basic rate taxpayers could get more from their savings. This would mean that every saver would get a 50p tax rebate for every £1 they spend.

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Free online tool tests fraud resilience

Vale & West
Feb 23,2015
Kathryn Cutts

The Charity Commission has urged larger firms to use a free questionnaire to test how resilient they are to fraud and to estimate how much it is costing them.

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FCA launches investigation into investment and corporate banking sectors

Vale & West
Feb 20,2015
Economy

An investigation has been launched as to whether there is sufficient competition in the investment and corporate banking sectors.

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No PAYE filing penalties for short delays

Vale & West
Feb 19,2015
Carole Holt

According to a bulletin from HM Revenue & Customs (HMRC) this week, employers will not incur penalties for short delays of up to three days in filing Pay As You Earn (PAYE) information for their employees.

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Fingerprint technology set to revolutionise bank account access

Vale & West
Feb 19,2015
Economy

RBS and NatWest, two of the UK’s largest high street banks, are to allow customers with an iPhone 5s, 6 and 6 Plus to access their accounts via the fingerprint recognition function available on their devices.

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Cut VAT on refurbs

Vale & West
Feb 18,2015
Lee Gardner

The London Assembly’s Housing Committee has produced a report saying that the VAT disparity between refurbishment and new build should be cut to allow homes to be regenerated rather than knocked down.

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Small firms now face late PAYE information penalties

Vale & West
Feb 18,2015
SMEs

Employers with fewer than 50 staff will no longer be exempt from penalties in filing delayed PAYE information.

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UK growth forecast upgraded by CBI as prices continue to fall

Vale & West
Feb 17,2015
Economy

The UK’s economic growth forecast for this year has been upgraded by the Confederation of British Industry (CBI), the business lobby group.

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Businesses urged to submit appeals against business rates before 1st April 2015

Vale & West
Feb 16,2015
SMEs

Businesses in England are being urged to submit a valid rates appeal before the Government’s deadline of 31st March 2015 for backdated revaluation claims (for commercial properties) has passed.

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Email: accountants@valewest.com