Current Issues

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.

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

How Shipleys LLP is ensuring service continuity and supporting clients in the pandemic, following the Government's latest announcement.

Business owners often think that, once a business has de-registered from VAT, it would no longer be able to reclaim any VAT – but this is not the case.

HMRC is currently writing to holders of cryptoassets and those it feels may have incorrectly claimed Foreign Tax Credit Relief on 2019/20 incomes.

Fresh resources to help prevent fraud in the sector, the end of the annual return and accounts filing extension, the effects of the pandemic on charities and more.

Rebuilding the fragile economy - how will the Chancellor's October 2021 Budget affect you and your business?

Thousands of women are thought to have been underpaid the state pension, thanks to a rule change in 2008 and computer errors.

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

The earliest age at which you can withdraw cash from a private pension, without facing tax penalties, is set to increase from 55 to 57 on 6 April 2028.