Vale & West Chartered Accountants Blog

HMRC or a scam – can you trust the letters you receive?

There are always going to be bad actors looking to scam reputable businesses out of money and data.

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The countdown to Making Tax Digital for Income Tax – Who is affected first?

With less than a year to go before Making Tax Digital for Income Tax (MTD for IT) becomes mandatory for sole traders and landlords earning over £50,000, it is important to start preparing.

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Understanding linked periods of sickness and how they affect payroll

When it comes to Statutory Sick Pay (SSP), most payroll teams are confident in calculating payments for a single period of absence.

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Investors’ Relief under pressure – Why HMRC is tightening its approach

HM Revenue & Customs (HMRC) is writing to taxpayers who claimed Investors’ Relief on their 2023/24 Income Tax Self-Assessment returns but may not meet the strict eligibility criteria.

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Are we underestimating the real impact of workplace pressure?

This week is Mental Health Awareness Week, and an important opportunity to reflect on how we manage wellbeing in the workplace.

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When silence costs millions – Ignoring HMRC is a risk you cannot afford

Most directors do not expect to face personal tax bills in the millions.

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The Bank’s latest rate cut is here, what now for your business?

The Bank of England (BOE) has cut the base interest rate to 4.25 per cent, down from 4.5 per cent.

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Company car VAT – Avoiding mistakes when applying the fuel scale charge

From 1 May 2025, HM Revenue & Customs (HMRC) reduced its road fuel scale charges, reflecting a drop in fuel prices.

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HMRC issues important tax warning to employers

Mandatory payrolling delayed to 2027 – Time to prepare, not to forget

The Government has confirmed that the mandatory payrolling of benefits in kind (BIK) and taxable employment expenses will now be introduced from April 2027, a year later than initially planned.

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How to claim a Self-Assessment tax refund during the HMRC phone line pause

HM Revenue & Customs (HMRC) has recently temporarily suspended telephone and webchat services for Self-Assessment repayment requests.

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