Current Issues

Unapproved share option plans can be used by employers to reward those who help grow the business (including those not eligible for HMRC-approved options like the Enterprise Management Incentive Scheme). Here we explain their tax implications.

In this article for Chestertons, Shipleys Tax Principal Mike Luckett gives a round-up of the latest tax changes which landlords should be alert to.

Our roundup of the latest VAT news includes early termination fees and compensation payments, end-customer claim refunds of wrongly charged VAT, plus revised guidance on VAT grouping registration

Some regulated businesses now face paying an annual charge as part of the Government’s drive to combat international financial crime through newly introduced anti-money laundering levy regulations.

With restrictions lifting, businesses are thinking how they respond to the workplace revolution the pandemic has caused. This article has helpful pointers.

The new Residential Property Developer Tax came into effect from 1 April 2022, and sees profits of any residential development company exceeding £25m taxed at 4%.

Unincorporated businesses are due to enter their first taxable period under new basis period tax rules, potentially impacting on cash flow for some.

Given the recent increase in national insurance contributions, some businesses are considering the potential tax benefits of salary sacrifice schemes for electric cars.

A survey of owner managed businesses finds many are struggling with inflationary pressures but are emerging confident and more resilient from the pandemic

New off-payroll working rules have been in place since April 2021, but there has been confusion about what they mean. Here we clear up five common misunderstandings as HMRC gets tougher with penalties.

A round-up of the current sources of finance to help businesses affected by the pandemic

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

With the Ukraine conflict continuing, and the ramifications this is having at a national and international level, here is advice for businesses from the Shipleys team.

Advice to charities in view of the Ukraine Crisis, Safeguarding guidance for the sector, Sustainability reporting and more.

All VAT-registered businesses (regardless of turnover) will need to comply with Making Tax Digital from 1 April 2022

Help us influence Government support measures to aid business survival and growth.

In this bumper-packed issue we cover the latest compliance and policy developments, plus the implications of fresh FCA guidance.

All of the Shipleys LLP team would like to wish our clients and contacts a very Merry Christmas and a Happy New Year.

Retaining valued staff in a tough employment market is challenging, but there are a number of tax-efficient ways to help incentivise people to stay.

In this article we discuss key considerations for business owners when finding the best exit and succession approach.

In the second of a series of articles, we look at some further tax advantages of trusts.

A change to film tax relief (FTR) will introduce welcome flexibility around the qualification rules and continue to foster the UK’s thriving TV and film production industry.

Now that many government-backed pandemic support schemes have ended, we’ve highlighted some of the main finance options still available to small and medium-sized businesses.

The COP26 Summit brought the role of business in addressing climate change into sharp focus. Here we summarise some of the latest eco-considerations for businesses.

Changes to the way capital gains tax (CGT) works for property disposals are impacting both UK-resident and non-resident owners