Vale&West

The latest #accountancy, #tax and #business #news from Vale & West Chartered Accountants based in #Reading at the heart of the Thames Valley region.

[Vale&West @Vale__West]

Understanding the expectations of clients and customers is vital for keeping your business growing.

Is automatic tipping making it harder for businesses to manage these relationships?

Read more: https://t.co/euZZGwD60V

#Accounting #Tipping

[Vale&West @Vale__West]

HMRC collected a record £938.8 billion in tax and National Insurance last tax year.

In July 2026, receipts were £5.9 billion higher than July 2025, suggesting another record may follow.

To learn ways to minimise liabilities, get in touch with an accountant!

[Vale&West @Vale__West]

Plans to cut salary sacrifice pensions could cost businesses £2.9bn a year and employees £800m.

The proposed £2,000 cap may add millions more in costs. With changes due from April 2029, now is the time to prepare.

Speak to our team for advice today.

#Reading

[Vale&West @Vale__West]

If your side hustle is picking up momentum and you are set to start paying tax, should you choose a sole trader or limited company structure?

With different tax implications, each structure can benefit different situations.

Read more here: https://t.co/UeOb05WoCk

#Tax

[Vale&West @Vale__West]

HMRC has announced plans to automatically enroll sole traders and landlords earning over £50,000 into MTD after only around half of eligible taxpayers have completed their first quarterly filing.

Read more: https://t.co/XYzfmQYyoY

#HMRC #MTD #SoleTrader #Landlord

[Vale&West @Vale__West]

Location, sector and business size are increasingly causing a gap in hiring and paying power between businesses.

How can businesses endure the fluctuating economic conditions and get the team they need?

Read more: https://t.co/tcHSf5Lxj2

#Accounting #Employment

[Vale&West @Vale__West]

The Great British Summer Saving Scheme is ending soon

VAT will return to 20% for affected services on 1 September.

Ensure your business is set for the upcoming changes.

Contact us for advice today.

#VAT #Hospitality #UKGovernment

[Vale&West @Vale__West]

HMRC is updating the Advisory Fuel Rates for company car users from 1 September - https://t.co/f3CgGwMnKb

Stay up to date so your employees are reimbursed fairly.

Need advice? Contact us today.

#CompanyCar #HMRC #AFR

[Vale&West @Vale__West]

It is normal for some personal and business finances to overlap, but problems can arise if the lines become too blurred.

What are some tax and compliance risks associated with mixing personal and business finance?

Read more here: https://t.co/4HckgAC2ll

#BusinessTax #Finances

[Vale&West @Vale__West]

Have you considered using AI for your tax advice?

While technology can process numbers, it can't process your goals or give you accurate tax information.

Want to know more? Check out our latest blog: https://t.co/dW523ZT9wF

#AI #TaxAdvice

[Vale&West @Vale__West]

In the summer sun, Santa Claus may not be on your mind.

Is it too early for businesses to start planning for Christmas?

Read more here: https://t.co/ngTOcnhslg

#Accounting #SeasonalBusiness

[Vale&West @Vale__West]

The first filing deadline for MTD for Income Tax has gone

For the self-employed and landlords earning over £50,000, now is the time to start preparing for the second filing on 7 November.

Need support? Get in touch with an accountant today!

#MTD

[Vale&West @Vale__West]

MTD for Income Tax is here! Tonight, at midnight, marks the end of the first filing deadline.

42 per cent of self-employed people and landlords earning over £50,000 still hadn’t registered, but HMRC says it’s on target.

Do you need support with MTD? Get in touch with our team!

[Vale&West @Vale__West]

Global tensions are set to push petrol prices to the highest level of 2026, hitting SMEs particularly hard.

How might switching to EVs and speaking to an accountant help businesses manage uncertainty?

Read more here: https://t.co/mqBdSGGxWX

#SME #FuelCost

[Vale&West @Vale__West]

Late payments are causing roughly 14,000 small businesses every year to close.

Business owners, now more than ever, need to be aware of ways an accountant can help them with late payments.

Check out our latest blog to find out more: https://t.co/izthQVMB3T

#LatePayments

[Vale&West @Vale__West]

Charities face the same financial challenges as many businesses but receive less money to tackle the problem.

Could a better understanding of Gift Aid and Inheritance Tax mitigation restore Britain’s generosity?

Read more: https://t.co/GHQi0a2rAo

#Accounting #Charities

[Vale&West @Vale__West]

It is now less than five days until the first MTD filing deadline for Income Tax on 7 August.

429,000 landlords and self-employed people earning over the £50,000 threshold are still yet to register.

Don’t miss the deadline. Get in touch with an accountant now for support.

#MTD

[Vale&West @Vale__West]

Employers who offer company cars to their employees must fill out a P46(Car) form by 2 August.

The deadline is fast approaching, so don’t delay!

Our team can assist you with your payroll and benefits. Get in touch for advice today.

#P46Car #CompanyCar #HMRC

[Vale&West @Vale__West]

The first MTD deadline looms, but over 400,000 people are yet to register and file their first quarterly update.

How can you stay on top of MTD deadlines and what support is available?

Read more here: https://t.co/B4VhfaO1nq

#MakingTaxDigital #MTD

[Vale&West @Vale__West]

Andy Burnham announced plans to give pubs, clubs and live music venues a 20 per cent tax cut to their business rate bill in April 2027.

Get in touch with us today to find out more about how these cuts can help your business!

Read more here: https://t.co/hWqVf90d24