Author Archive Vale & West

Businesses brace for the next wave of Trump tariffs

January 20, 2026 Comments Off on Businesses brace for the next wave of Trump tariffs By Vale & West

They say there is nothing new under the sun and the global economic situation seems determined to prove that right.

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HMRC warns taxpayers about mid-year Capital Gains Tax changes

January 15, 2026 Comments Off on HMRC warns taxpayers about mid-year Capital Gains Tax changes By Vale & West

HMRC has issued a warning to taxpayers completing their Self Assessment tax returns that their online software cannot automatically make calculations to account for the mid-year increase in the rate of Capital Gains Tax (CGT) in 2024.

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The FRS 102 changes are now in effect: What should businesses do now?

January 14, 2026 Comments Off on The FRS 102 changes are now in effect: What should businesses do now? By Vale & West

The revised version of FRS 102 has now come into effect for accounting periods starting on or after 1 January 2026 and it will affect how your business prepares accounts under UK GAAP.

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As AI advances, why is it still better to use a human accountant?

January 13, 2026 Comments Off on As AI advances, why is it still better to use a human accountant? By Vale & West

We are now in that period of time between the start of the calendar year and the beginning of the tax year.

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HMRC records festive tax return frenzy

January 8, 2026 Comments Off on HMRC records festive tax return frenzy By Vale & West

According to the latest statistics from HMRC, more than 4,600 Self Assessment taxpayers completed and filed their tax return on Christmas Day.

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Should I buy a car through my business or personally?

January 7, 2026 Comments Off on Should I buy a car through my business or personally? By Vale & West

Many small business owners and self-employed individuals may consider buying a car through their business.

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How is HMRC approaching the tax gap in 2026?

January 6, 2026 Comments Off on How is HMRC approaching the tax gap in 2026? By Vale & West

By now, you may have already begun trying to make your New Year’s resolutions stick, although some may have already been abandoned.

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How will the changes to Agricultural Property Relief (APR) and Business Property Relief (BPR) impact you?

How will the changes to Agricultural Property Relief (APR) and Business Property Relief (BPR) impact you?

January 2, 2026 Comments Off on How will the changes to Agricultural Property Relief (APR) and Business Property Relief (BPR) impact you? By Vale & West

The Autumn Budget saw many individuals and businesses alike disheartened by measures that seemed to inhibit growth.

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What do record National Insurance Contributions mean for businesses?

December 23, 2025 Comments Off on What do record National Insurance Contributions mean for businesses? By Vale & West

When a year ends, it is natural for many to look back on the time that has passed and reflect on what was achieved.

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HMRC warning puts payroll compliance firmly in the spotlight

December 18, 2025 Comments Off on HMRC warning puts payroll compliance firmly in the spotlight By Vale & West

HMRC has issued a clear message to businesses that rely on seasonal and short-term staff that payroll compliance is not optional, even for temporary contracts.

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