Vale & West Chartered Accountants Blog

The Chancellor confirms the Government will review the Small Business Rates Relief

A recently released report from HM Treasury has confirmed that the Chancellor Rachel Reeves is reviewing the Small Business Rates Relief (SBRR), as she attempts to kick-start the economy and give businesses a platform to expand and grow.

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HMRC confirms new measures for PAYE pension tax relief claims

The way pay-as-you-earn (PAYE) taxpayers can make a pension tax relief claim has changed with HM Revenue and Customs (HMRC) confirming all claims must be made online or by letter and include supporting evidence.

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Beware the scourge of social media tax influencers – How to keep your business safe from bad tax advice

Given the major changes to Companies House, Making Tax Digital (MTD), and various other regulations in a short space of time, it is no wonder that business owners can be feeling a bit confused about their current obligations.

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£18 billion in savings withdrawn as pensioners prepare for Inheritance Tax changes

During the 2024 Autumn Budget, Chancellor Rachel Reeves announced that from 2027, unused pension pots will be taken into account when working out the total value of an individual’s estate.

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The Chancellor confirms Autumn Budget date: Now is the time to prepare

The Chancellor Rachel Reeves has announced she will deliver her Autumn Budget on Wednesday, 26 November 2025.

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National Payroll Week is the perfect time to check that your payroll records are compliant

The first week of September is National Payroll Week, and this year sees the 26th one since its inception. Read More

A £41.2 billion economic black hole: Will the Chancellor break Labour’s manifesto?

There is growing noise from economic experts who suggest that Chancellor Rachel Reeves may have to break Labour’s manifesto pledge in order to fill the UK’s economic black hole.

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The realities of rising energy costs: How can you manage the changes?

It has been confirmed that energy costs will increase by two per cent from October, affecting both households and businesses.

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What happened to WH Smith? How to protect your business from accounting errors

Sometimes small mistakes can have devastating consequences, as WH Smith recently discovered.

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Making Tax Digital for Income Tax: How many will be impacted?

HM Revenue and Customs (HMRC) is continuing to innovate and modernise how taxpayers file their returns and report information. It is committed to its digital transformation roadmap and part of this is the Making Tax Digital (MTD) initiative.

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