Vale & West Chartered Accountants Blog

Category Archives:HMRC

How to use the new HMRC app for your tax returns

For small businesses navigating the Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative, tax returns can be complex.

Read More

Understanding loss carry-back claims

In the unpredictable world of business, it’s not uncommon for companies to experience financial losses.  

Read More

100 days until the Self-Assessment deadline: Are you ready?

We are now only 100 days away from the Self-Assessment tax deadline on 31 January 2024.  

Read More

What business owners need to know about meeting PAYE deadlines

Among the long list of financial responsibilities that you must handle as a business owner is ensuring PAYE is made on time. In October 2023, the electronic payment deadline for your PAYE tax bill falls on Sunday, 22 October. To meet this deadline, your cleared funds must be in HM Revenue & Custom’s (HMRC’s) account by 20 October 2023, unless you opt for a Faster Payment.  Read More

How the National Living Wage increase could affect businesses

At the latest Conservative Party conference, it was confirmed that the National Living Wage will be officially rising to £11 an hour for those over the age of 23, starting from April 2024.

Read More

How HMRC’s new online tools can help you simplify taxation

HM Revenue and Customs (HMRC) has always been at the forefront of embracing technological advancements to make tax-related processes more straightforward for businesses and individuals.

Read More

How could new “open banking enhancements” benefit your business?

Your business could benefit from a new scheme being run by HM Revenue & Customs (HMRC). Read More

Tax reliefs business owners can claim amidst record Corporation Tax payments

HM Revenue and Customs (HMRC) recently reported a record-breaking increase in Corporation Tax receipts for the 2022/23 tax year.

Read More

Closing on the inaugural Economic Crime Levy payment – What you need to know

As we approach the end of September, businesses across the UK are gearing up to meet the inaugural deadline for the Economic Crime Levy (ECL) payment.

Read More

Planning for Inheritance Tax challenges as penalties surge in 2022/23 tax year

While Inheritance Tax (IHT) is a topic that many find uncomfortable to discuss, it is an unavoidable aspect of estate planning. Read More

Address: 26 Queen Victoria Street, Reading, Berkshire RG1 1TG
Telephone: 0118 957 3238
Fax: 0118 956 7282