Vale & West Chartered Accountants Blog

Category Archives:SMEs

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.

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Becoming a freelancer – setting up a limited company

When making the decision to become a freelancer, you have two options. You can either set up as a sole trader or start a limited company.

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How fintech lending can help SMEs unlock new financing opportunities and boost growth

The current economic climate is less than favourable for small and medium-sized enterprises (SMEs).

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How the King’s speech could affect your business finances

His Majesty the King’s speech, at the state opening of Parliament, is a significant event for businesses and financial professionals who rely on Government regulation to function effectively and within the law.

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What businesses need to know about recent updates to payroll

The Department for Business and Trade has recently released feedback on two major consultations concerning payroll and holiday entitlements. 

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A look at the scalability of in-house vs outsourced accounting

As a business grows, its accounting needs become more complex and time-consuming.

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How will the new Procurement Act benefit SMEs?

The recent Royal Assent of the Procurement Act marks a significant milestone in the evolution of public procurement. Read More

Understanding loss carry-back claims

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

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Why you should use double-entry bookkeeping in your business finances

The term “double-entry bookkeeping” is often mentioned as a cornerstone for managing a business’s finances.

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How management accounts can help your business

Management accounts are vital in keeping on top of your business’s performance. But what are they, and how do they work?

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