Vale & West Chartered Accountants Blog

Income Tax won’t rise according to Treasury minister – but could a further freeze be on the way?

With speculation increasing and showing no signs of slowing down surrounding the potential for Rachel Reeves’ Autumn Budget to increase taxes, one Treasury Minister has spoken today, suggesting the ‘headline’ rate of income tax will not increase later this year.

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Are you on HMRC’s radar? The rising cost of money laundering compliance breaches

HM Revenue & Customs (HMRC) recently published its latest round of penalties for businesses breaching money laundering regulations, and the numbers should make any business owner sit up and take notice.

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How Dumbarton FC beat the drop – and what SMEs can learn from their business revival

More often than not, football clubs are seen as a billionaire’s plaything, where lavish amounts of money are spent at the drop of a hat on somebody to kick a ball about. Read More

Earn extra income? HMRC urges you to file your tax return early

If you have made more than £1,000 from a side hustle last year, you might need to tell HM Revenue & Customs (HMRC), and the earlier you do it, the better.

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Is your payroll ready for sick pay reform?

The countdown is on. From April 2026, the Government will overhaul Statutory Sick Pay (SSP) as part of its Employment Rights Bill reforms.

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Are rising employee expenses killing the job market?

The job market in the UK is facing an unprecedented crisis, and there are signs that it may get worse.

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Software-only filing and more disclosures – Major changes for small companies

If you run a limited company, it is important to be aware of some major changes coming to the way company accounts are filed.

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How changing Capital Gains Tax trends could affect your financial planning

Capital Gains Tax (CGT) receipts have been on a bit of a rollercoaster over the past couple of years.

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Defeating fiscal drag with smarter financial forecasting

As all eyes watch the rate of inflation for the impact that it will have on a tumultuous economy, there is another reason to be concerned by the steady increase.

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Two sides of the tax story – National Insurance up, Capital Gains Tax down

The latest tax data for the first months of the 2025/26 tax year shows mixed trends.

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