Current Issues

Important factors UK residents need to be aware of to minimise tax liabilities.

A overview of Research and Development (R&D) relief which encourages companies to work on innovative projects in technology and science

Companies investing in qualifying new equipment and machinery can benefit from helpful capital allowances.

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

A handy overview of the tax consequences of letting out part or all of your property.

Steadying the ship - how will Chancellor Jeremy Hunt's Budget to stabilise the economy affect you or your business?

HMRC is alerting companies to re-check the valuations for their annual tax on enveloped dwellings (ATED) liabilities for residential property.

SBAs give a 3% annual tax relief for the cost of constructing new non-residential structures and buildings and new conversions or renovations

In many property renovation projects VAT is sometimes overlooked when the initial budgets and costings are being devised

A summary of the VAT implications for holding companies and their management charges.

In this issue we cover the latest compliance and policy developments for the sector, plus the implications of fresh FCA guidance.

The Government has announced changes to the rules for the notification of an option to tax land and buildings. This relates to the VAT treatment of commercial property.

The new VAT penalty and interest regime came into force on 1st January 2023.

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

There's a new 25% corporation tax rate on the horizon, along with the return of marginal rates and associated companies.

Our roundup of the latest VAT news includes changes to the business activity test, the new penalty and interest regime and frozen VAT thresholds.

More and more estates are now subject to paying inheritance tax (IHT), but much can be done to mitigate liability by using the available allowances.

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

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

Off-payroll working rules which took effect on 6 April 2021 are remaining

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

We are delighted to announce that a Shipleys LLP team successfully completed The Great South Run in aid of the Group B Strep Support Charity.

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.

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

A warning that high inflation could have a big impact on defined benefits pensions schemes of high-earning public sector professionals, including GPs.