Vale & West Chartered Accountants Blog

Category Archives:SMEs

How SMEs can avoid becoming victims of fraud

With SMEs throughout the country struggling to grow and maximise profits, given the economic headwinds, fraud could be a major problem.

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Will the falling pound help boost tourism?

Acting as a silver lining amidst a storm of uncertainty, the crashing pound is likely to attract more US visitors to the UK, it has been suggested.

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33,000 new loans available for small businesses

An £884 million loan scheme for new businesses is to be expanded, it has been revealed.

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Late payments: A big cost for small businesses

Late payments are costing small businesses £684 million per year, in addition to rising inflation, data has revealed.

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Can apprentices help with your skills shortage?

Many UK businesses are having problems with recruitment as the number of job vacancies has soared over the last 12 months.

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How can SMEs handle the cost of living crisis?

The current cost of living crisis in the UK has already seen the economy decline, with customers saving money and consuming less.

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Hard pressed SMEs struggling with cashflow challenges

A huge majority of small businesses are ploughing more money into their business than they are taking out for a least one month of every year.

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Tax year basis reform: How does this change affect me?

In the second blog of this series on tax year basis reforms, we will examine how these changes could affect unincorporated businesses.

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Tax year basis reform: Should I change my year-end?

In the first blog of this series on tax year basis reforms, we will be discussing the new rules that will affect how unincorporated businesses are taxed from 2023 to 24 and consider whether it is worth changing your accounting period.

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Government review seeks to improve the holiday letting market

A review into the effect of short-term holiday lets has been launched by the Government to improve the holiday letting market for those living in popular tourism destinations.

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