Running your business

Payrolling benefits in kind, which is already an option available to employers, will be compulsory for all from April 2026.

The Employment (Allocation of Tips) Act and a Statutory Code of Practice came into force on 1 October 2024. They will impact businesses, their employment policies and payroll systems across the leisure and hospitality sectors.

Many businesses are moving to online accounting as it brings a number of practical benefits and helps compliance with HMRC's Making Tax Digital

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

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.

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.

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

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

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.

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.

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.

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.

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.

Despite the current political debate around a 2030 ban on new petrol and diesel cars, many businesses are considering offering employee salary sacrifice schemes involving electric vehicles

This article discusses how more businesses are doing their bit to combat climate change by being more sustainable – and seeing the financial benefits.

In this article we look at why environmental, social and governance (ESG) considerations are increasingly becoming essential necessities for all sizes of business.

A new survey of owner-managed businesses finds many continue to struggle with inflationary pressures and are frustrated with the lack of Government support.

Popular with start-ups and young businesses, growth shares offer a way to incentivise and retain key employees when other share option routes are not suited to the company or individual

Changes to corporation tax and dividend allowances raise questions about Directors' tax-efficient remuneration. This article explores the options.

UK businesses could be mistaken in thinking they’re too small to fall foul of transfer pricing rules.

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

A helpful overview of share options, the schemes available and pitfalls to be aware of.

Higher inflation and rising costs are likely to negatively impact cash flow for many businesses this Autumn. In this article we look at some strategies to meet the challenge.

Businesses that owe rent as a direct result of the Covid crisis need to be discussing repayment terms with their landlords or going through the new arbitration process.