Vale & West Chartered Accountants Blog

Monthly Archives: April 2015

Pensioners could boost property market

Vale & West
Apr 24,2015
Kathryn Cutts

Many people aged 55 and over are expected to invest in buy-to-let property to live off the rental income following the recent overhaul to pension rules, which allows them to access their pension pots and spend the cash as they wish.

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Deutsche Bank hit by record £1.7bn rate-rigging fine

Vale & West
Apr 24,2015
Economy

Germany’s Deutsche Bank has been fined a record $2.5bn (£1.7bn) by UK and US regulators for rigging Libor and Euribor, ordered to fire seven employees and accused of being obstructive towards regulators in their investigations.

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Buy-to-let mortgage rates increase but remain competitive

Vale & West
Apr 24,2015
Jason Pyke

Rates for buy-to-let mortgages have increased slightly over the last two months according to recent research, meaning that potential landlords will not be able to get a record low deal; however, the rates are still better than those that were available in previous years.

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Graduate cannot appeal against HMRC’s £1,300 fine for his university business

Vale & West
Apr 23,2015
SMEs

A graduate from Sheffield Hallam University who has been served with a £1,300 penalty from HMRC, for submitting a late tax return that was not his responsibility, cannot argue against the charge because of current tax legislation.

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Banks pressured to offer better current account rewards

Vale & West
Apr 22,2015
Interest Rates

With competition to offer current account perks picking up, the big four high street banks are facing increasing pressure.

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Good news for income investors as dividend outlook for 2015 improves

Vale & West
Apr 21,2015
Economy

According to a recent report published by Capita, dividend pay-outs from companies listed in the UK grew at the beginning of 2015, up in the first quarter of the year when compared to results from 12 months ago.

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UK economy expected “to grow 2.8 per cent in 2015”

Vale & West
Apr 20,2015
Economy

According to EY’s ITEM Club – the only non-governmental forecasting group that uses HM Treasury’s model of the UK economy – political unrest surrounding the upcoming general election will have no impact on Britain’s economic growth.

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Demand booming for flexible workspace

Vale & West
Apr 20,2015
Lee Gardner

Entrepreneurs are looking outside London for flexible office space, with Liverpool and Manchester leading the list of the best value locations in the UK according to new research that shows demand for serviced office space is booming.

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IFS criticises personal tax plans from both parties

Vale & West
Apr 20,2015
Richard Ziemba

The Institute for Fiscal Studies (IFS) has criticised the Conservative party’s plans to raise the inheritance tax (IHT) threshold on family homes to £1m and dismissed the Labour party’s 10p tax rate as a “gimmick”.

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The next Government needs to educate people about gift aid

Vale & West
Apr 20,2015
Kathryn Cutts

The Charity Finance Group (CFG) has outlined its five policy priorities for the next government in a new document.

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