We pride ourselves on delivering exceptional service, first time, everytime.

Why Us

The foundation of our practice rests on three core beliefs:

  • Service
  • Knowledge
  • Trust

We pride ourselves on delivering exceptional service, first time, everytime.
Our knowledge built upon combined decades of expert experience in tax and accountancy so you can rest assured that the most important of financial decisions are in the most competent hands.

Our objective is to become your most trusted adviser.

Our promises to you

To ensure that we can deliver this, we have set firmwide minimum service standards.

Accordingly, all Partners and Members of staff shall ensure that:

  • Expect to receive exceptional service at all times.
  • To provide unparalleled access to senior tax advisers when you need them.
  • All emails and phone calls will be responded to within 24 hours during normal business days. In the event we cannot answer your query, we will acknowledge receipt and provide a timetable for further action within the same timeframe.
  • A commitment to aim to be always available during business hours and, in emergency cases, out of office hours should you need us.
  • To offer services that provide efficient business management – placing the power of business planning into your hands.
  • You will have one point of contact, a dedicated Client Manager who will be solely responsible for your affairs.

Latest news & blogs…

Mortgage lenders accepting an SA302 tax calculation

Why Us Shipleys Tax Advisors

Self-employed clients may have difficulty proving their income when applying for a mortgage. To this end, HMRC have published details of mortgage providers and lenders who accept either a copy of the tax calculation (SA302) printed from the HMRC online account or a tax calculation printed from commercial software used to submit returns. The lenders also require a tax year overview which can be printed from the HMRC account. 

The list of lenders who have agreed to accept tax calculations and tax year overviews that customers or their agents or accountants have printed is available on the Gov.uk website at www.gov.uk/government/publications/mortgages-providers-and-lenders-who-accwpt-a-sa302-tax-calculation-or-tax-year-overview.

Further interest rate restrictions for landlords

Why Us Shipleys Tax Advisors

Over the past few years the way in which landlords have been able to obtain relief for interest and other finance costs has been changing. The system of relief is moving from one of relief by deduction – which applies for 2016/17 and earlier tax years – to one under which relief is given as a basic rate tax reduction. From 2020/21, relief will be given in full as a basic rate tax reduction.   Transitional rules apply for 2017/18 to 2019/20 inclusive as the changes are phased in, with some interest costs relieved by deduction and the balance as a basic rate tax reduction. For 2019/20, 25% of the interest costs can be deducted in computing profits, with relief for the remaining 75% being given as a tax reduction at the basic rate.   Check with Shipleys Tax that you are obtaining relief for interest costs in the correct manner.

Call on 0114 275 6292 or email info@shipleystax.com.

Making Tax Digital For VAT – Update

Why Us Shipleys Tax Advisors

MTD goes live

Making Tax Digital (MTD) for VAT went live from 1 April 2019. It applies to businesses with VATable turnover over the VAT registration threshold of £85,000 from the start of their first VAT accounting period on or after 1 April 2019, unless they fall within one of the categories of businesses with more complex affairs (such as those in a VAT group) in respect of which the start date is deferred until the start of the first VAT accounting period beginning on or after 1 October 2019.

Under MTD for VAT businesses must keep digital records and file their VAT returns digitally using MTD-compatible software.

Speak to Shipleys Tax to check what you need to do to comply with the requirements of MTD for VAT.

Call us on 0114 275 6292 or email info@shipleystax.com.

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Contact us

  • info@shipleystax.com
  • 0114 275 6292
  • Wharf House, Victoria Quays,
    Wharf Street Sheffield,
    S2 5SY

Contact Shipleys today

Want to know how Shipleys can help you with practical tax planning through innovative ideas? Let’s talk. Call or email us directly and a member of our team will be in touch within 48 hours.

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