Author Archive Vale & West

Student loans: what is changing for graduates in April

February 1, 2022 Comments Off on Student loans: what is changing for graduates in April By Vale & West

Currently, the threshold for undergraduate loan repayments stands at £27,295 per year and will remain at this level from April 2022. As for post-graduate loans, the earning threshold will also remain the same, which is £21,000 per year.

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Covid-19: Portal now OPEN to claim Statutory Sick Pay Rebate

January 31, 2022 Comments Off on Covid-19: Portal now OPEN to claim Statutory Sick Pay Rebate By Vale & West

Small businesses whose staff were off sick with the coronavirus can now claim Statutory Sick Pay (SSP) refunds, it has been announced.

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Tax relief: Are you missing out on up to £2,000 a year towards the costs of childcare?

January 27, 2022 Comments Off on Tax relief: Are you missing out on up to £2,000 a year towards the costs of childcare? By Vale & West

Workers can claim up to £2,000 a year towards childcare costs by signing up to the Tax-Free Childcare scheme, it has been reminded.

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Employers need to check out bank holiday entitlement for Queen’s jubilee

January 26, 2022 Comments Off on Employers need to check out bank holiday entitlement for Queen’s jubilee By Vale & West

Everyone loves a bit of a knees-up and this year the Queen celebrates her Platinum Jubilee. So, it’s time to break out the party hats as an extra bank holiday has been granted to mark the celebrations.

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HMRC scam calls have decreased by 97 per cent

January 25, 2022 Comments Off on HMRC scam calls have decreased by 97 per cent By Vale & West

Scammers posing as HM Revenues and Customs (HMRC) were rife in March 2021, with a staggering 79,477 calls reported.

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Cost of living crisis: UK inflation rises to 30-year high

January 21, 2022 Comments Off on Cost of living crisis: UK inflation rises to 30-year high By Vale & West

The soaring cost of goods and services have pushed the UK inflation rate to its highest level in almost 30 years, a major study has revealed.

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Claim up to £5,000 towards the cost of cloud accounting software under new Help to Grow: Digital scheme

January 20, 2022 Comments Off on Claim up to £5,000 towards the cost of cloud accounting software under new Help to Grow: Digital scheme By Vale & West

Small businesses could get up to £5,000 to pay for cloud accounting software under the Help to Grow: Digital scheme, it has been announced.

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Consultation on global minimum corporation tax for large multinationals

January 19, 2022 Comments Off on Consultation on global minimum corporation tax for large multinationals By Vale & West

The Government has launched a consultation on how a worldwide 15 per cent minimum corporation tax can be implemented domestically, in a move designed to tackle avoidance and ensure a more level playing field for UK businesses.

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Penalty reform for VAT delayed until January 2023

January 18, 2022 Comments Off on Penalty reform for VAT delayed until January 2023 By Vale & West

The penalty reform for late payments has been delayed until 1 January 2023, confirms a statement by Lucy Frazer (The Financial Secretary to the Treasury).

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New rules to end second home tax loophole

January 14, 2022 Comments Off on New rules to end second home tax loophole By Vale & West

Multiple homeowners who leave “holiday lets” empty will no longer be able to claim tax benefits, it has been announced.

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