Vale & West Chartered Accountants Blog

Category Archives:SME

Student finance: How can employers stay up to date?

Student finance appears to be an issue that regularly changes, meaning those in charge of payroll for businesses must adapt to keep up.

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Hospitality business owners: how should you distribute tips between staff members?

When starting up a hospitality business, it is important to factor in that some customers may choose to tip members of staff.

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Dividends V Salary: Making profits pay for your salary

We all want to keep more of our hard-earned money. For business owners, it can be a difficult balancing act to find the most tax-efficient way to get paid from the company’s profits.

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Cloud accounting: top tips to innovate your bookkeeping

The accounting world is constantly evolving into the digital world, with technology on hand to help with the everyday issues of financial management and bookkeeping. Read More

Corporation Tax: could you be missing out on tax reliefs?

Knowing which taxes your business is liable for can feel a bit overwhelming, which can result in you not recognising opportunities to save on tax. Read More

Steep price rise warning as hospitality businesses yet to receive Omicron funding

The hard-pressed hospitality industry is facing some difficult choices after the temporary cut in VAT to 12.5 per cent reverted to the full 20 per cent. It will result in double-digit price increases for consumers as operators struggle to survive, leading industry body UKHospitality says.

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Ready to kick start your own business?

Deciding to start your own business can feel like a leap of faith but being prepared for the steps you will need to take can ameliorate this lack of confidence.   Read More

Hospitality sector welcomes new law to help tackle commercial rent arrears

The introduction of new legislation to protect businesses forced to close or partially close during the pandemic has been welcomed by a leading hospitality trade body.

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Getting the data right is key to growth in hospitality

Hopes that the temporary VAT cut for hospitality would be extended were dashed in Chancellor Rishi Sunak’s Spring Statement this week.

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How can your business boost its revenue?

Raising revenue is often one of the key objectives for small and medium-sized businesses (SMEs), however it can be a difficult process to navigate. Read More

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