Vale & West Chartered Accountants Blog

Firms founded during the pandemic could add £20 billion to economy

British businesses formed during the pandemic could be a significant driving force for the UK economy.

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Help to Grow: Digital Scheme receives a boost

More than a million businesses can now benefit from Help to Grow, as the eligibility criteria expands to cover businesses with at least one employee.

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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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Supply chain issues to drive warehouse construction growth

Construction output is expected to rise by 2.5 per cent this year, according to a trade body survey.

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New VAT Registration Service (VRS) set to launch

HMRC is introducing a new VAT Registration Service (VRS), it has been revealed. Read More

Big city hospitality bounces back, but London slower to recover

The hospitality industry has seen a resurgence in the first six months of the year with the top 10 most populous cities outside London bouncing back strongly from the pandemic blues.

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Changes to R&D tax credits regime introduced

New changes to the research and development (R&D) tax credits regime have been announced, with an estimated 90,000 companies benefiting.

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New tips legislation gives pay boost to millions in the hospitality sector

Proposed new legislation to allow hospitality workers to keep their tips has been broadly welcomed by a leading trade body. Read More

How can tourism businesses achieve Net Zero?

As the UK experiences unprecedented high temperatures, your tourism business may well be benefiting from increased sales. However, whilst ice creams are flying off the shelves a much bigger dilemma is presented…

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Government urged to act as labour shortage continues

The recruitment crisis across the country shows no sign of abating, according to a survey from a top business body. Read More