Author Archive Vale & West

Pokémon cards and cryptocurrency: Understanding Capital Gains Tax when selling assets for a profit

August 26, 2026 Comments Off on Pokémon cards and cryptocurrency: Understanding Capital Gains Tax when selling assets for a profit By Vale & West

Capital Gains Tax (CGT) receipts were up 17.6 per cent in July compared to July 2025, highlighting the growing importance of understanding the tax implications of asset sales.

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Tips for tipping – Does automation spoil business relationships?

August 25, 2026 Comments Off on Tips for tipping – Does automation spoil business relationships? By Vale & West

Automation is often viewed by business owners as an effective way to improve profitability by cutting back on tedium so that more time can be spent engaging with high-value work.

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Sole trader vs limited company for side hustles – Which is the most tax-efficient?

August 20, 2026 Comments Off on Sole trader vs limited company for side hustles – Which is the most tax-efficient? By Vale & West

With many individuals starting a ‘side hustle’ to supplement their salary, setting up as a sole trader or limited company is the first big decision.

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HMRC is set to automatically sign up thousands of taxpayers to MTD after a slow uptake

August 19, 2026 Comments Off on HMRC is set to automatically sign up thousands of taxpayers to MTD after a slow uptake By Vale & West

The first quarterly filing deadline for MTD for Income Tax passed on 7 August, with 864,000 sole traders and landlords earning over £50,000 a year set to have signed up and completed the filing.

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Can your business afford the team you need to deliver growth?

August 18, 2026 Comments Off on Can your business afford the team you need to deliver growth? By Vale & West

To say that the UK economy is a bit of a mixed bag at the moment is something of an understatement, as the disparity between different businesses is resulting in an odd pattern emerging.

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Why is keeping business and personal finances separate so important?

August 13, 2026 Comments Off on Why is keeping business and personal finances separate so important? By Vale & West

Where personal spending and business spending overlap, financial tracking can unnecessarily become a headache.

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The dangers of using AI for tax advice

August 12, 2026 Comments Off on The dangers of using AI for tax advice By Vale & West

AI is something that we cannot escape, as it is built into nearly everything that people use on a day-to-day basis.

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Santa hats in summer? Businesses should be starting to plan for Christmas

August 11, 2026 Comments Off on Santa hats in summer? Businesses should be starting to plan for Christmas By Vale & West

The barrage of heatwaves and dry weather may make a person feel as though summer will last forever, but Christmas will arrive in a few short months.

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UK petrol prices set to reach their highest level of 2026 – What this could mean for SMEs?

August 6, 2026 Comments Off on UK petrol prices set to reach their highest level of 2026 – What this could mean for SMEs? By Vale & West

Geopolitical tensions are set to push UK petrol prices to the highest level of the year, with the average cost reaching 160p per litre, according to RAC monitoring.

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Late payments are crippling SMEs: How to mitigate the impact

August 5, 2026 Comments Off on Late payments are crippling SMEs: How to mitigate the impact By Vale & West

It has been estimated by the Small Business Commissioner that late payments are causing 14,000 businesses to close each year. That is equivalent to 38 businesses a day!

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