Current Issues

In this article we explain the qualifying criteria for Private Residence Relief. This relief enables some people not to have to pay Capital Gains Tax on the increase in the value of their home over the time they owned it.

Following Chancellor Rachel Reeves' statement to the House of Commons on 29 July, we summarise the key takeaways and look ahead to what fiscal and accounting implications are on the horizon.

The Construction Industry Scheme (CIS) was introduced many years ago to combat tax fraud in the construction industry. In the past year, the Scheme has undergone several changes.

It’s now compulsory for unincorporated businesses to conform to new income tax basis period rules – a change that could significantly impact cash flow for some.

We discuss the potential implications for businesses and individuals, now the electoral map has shifted.

In their Summer update, Shipleys VAT specialists touch on VAT compliance developments relating to energy-saving materials installations, cosmetic surgery, the DIY Housebuilders Scheme and more.

In their latest update our Payroll specialists discuss holiday pay reforms and national minimum wage increases

In their annual celebration of the accountancy profession’s rising stars, Accountancy Age has announced that Shipleys' Principal, Hannah Van Ross, is one of its winners.

The NIC rates reforms are now live, but a legacy issue from a glitch in the National Insurance Contributions system is still a cause for concern for the self-employed.

In this bulletin, we discuss The Charities Act 2022’s final set of changes in March, the latest guidance for accepting, refusing and returning donations and The Financial Reporting Council’s latest review of Charities SORP FRS 102 (Third Edition).

In this issue we cover the latest FCA developments and guidance notes for the sector.

Our property specialists give a round-up of the latest developments and tax changes for property owners

A brief breakdown of what to be aware of given the changes to research and development (R&D) tax relief.

A handy overview of the tax consequences of letting out part or all of your property through sites like Airbnb and SpareRoom

In this article we explain why eMoney Institutions (EMI) and the Payment Service Regulations (PSR) require safeguarding audits to be conducted, and what is involved.

Shipleys LLP is delighted to sponsor the International Business Structuring Association's (IBSA) Spring conference, with Ben Bidnell joining the panel of expert speakers.

Overseas businesses often underestimate what is involved when setting up a bank account for their UK subsidiary. In this interview with Metro Bank, we explain the key issues.

Tax may not be uppermost on the minds of a couple getting divorced, but a well-drafted settlement can minimise tax liabilities during the upheaval.

By planning a divorce settlement carefully, it should be possible to minimise the tax cost of transfers under the divorce settlement

In our Spring update, Shipleys VAT specialists have summarised the latest changes and reminders relating to VAT compliance.

Here we explain the latest changes affecting the tax relief on the contributions you make to your pension.

A look at the new system which came into effect on 1 January 2024, plus the latest Spring Budget announcements, and what they mean for the UK’s animation, film, TV and video games industries.

Sweetening a pre-election public - just how many sweet treats did Jeremy Hunt serve up for personal and business finances?

The VAT Import One Stop Shop (IOSS) opened for online registration from 1 March 2024

Some tax planning pointers to consider in the run-up to 5 April 2024.