Current Issues

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.

With the nation expected to go to the polls this year, and uncertainty around future tax policies, careful personal financial planning is important.

This issue signposts the latest guidance from The Charity Commission, the Charity Act's 2022 final changes being implemented in 2024, and the recent complaints report from The Fundraising Regulator.

From 1 January 2024, popular online sales platforms such as eBay, Etsy, Vinted and Airbnb must report seller earnings to HMRC.

In this article we explain why self-assessment and different types of income may trigger a student loan repayment

Business owners of all ages are initiating a lasting power of attorney as a way to safeguard their business.

Landlords in England will need to adapt to a range of significant new rules if the proposed Renters’ (Reform) Bill becomes law in 2024.

In this article we reflect on the headwinds in the residential property development and lettings market – and spotlight the allowances and incentives available to help businesses navigate the right course.

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

Share options are a popular way to incentivise staff and drive business growth. Here we highlight the respective merits of four different types of option.

We are delighted to announce that Shipleys LLP has been certified a carbon neutral business by Carbon Neutral Britain.

The EU's Carbon Border Adjustment Mechanism (CBAM) came into force on 1 October 2023 and has far-reaching implications for businesses exporting to EU member states.

An overview of the key announcements and their implications for businesses and individuals.

Over the past decade, Real-Time Information (RTI) has greatly improved Pay As You Earn (PAYE) reporting processes. Common mistakes and misassumptions can, however, trip up employers.

The EU has released fresh proposals around its VAT in the Digital Age (ViDA) plans - potentially impacting those UK businesses trading in the EU bloc.

Businesses sometimes assume that non-salaried employees aren’t required to submit a P11D – but that’s not the case if they gain other benefits from the employer.

A simplified analysis of the statutory residence test

A comprehensive guide of the rules that determine UK tax residence for individuals

Here we explain the basis period changes for tax reporting, as well as the preparations unincorporated businesses can make to cope with possible cashflow challenges.