Tax Insights
Latest Articles
Business Ownership Structures: Choosing the Right Vehicle
Business Tax Planning Business Ownership Structures: Choosing the Right Vehicle Business structuring Business ownership structures: choosing the right vehicle Book a consultation Speak directly to Shipleys Tax [...]
Using a Trust for tax planning?
TRUSTS CAN BE a very useful way to hold interests in land and property in the UK. One type of trust, called [...]
5 ways you can reduce Inheritance Tax
"IN THIS WORLD nothing can be said to be certain, except death and taxes." (Attributed to Benjamin Franklin.) While we may not [...]
Deadline to plug your NI contributions gap
CURRENTLY, there's an extended window for individuals to plug holes in their state pension qualifying years record using voluntary NI contributions. However, [...]
Why banking your capital gains could save you tax– act now
UNDER PRESSURE FROM his party, the Chancellor in his November 2022 budget made a significant alteration to the annual allowance for gains [...]
Digital reporting for income tax delayed
THE GOVERNMENT HAS announced a further delay to the introduction of Making Tax Digital for Income Tax Self-Assessment, the government’s attempt to [...]
How to benefit from the £1,000 tax free property allowance
MAKING DECENT RETURN from rental income is getter harder and harder due to tax legislation changes and increasing costs. However, there is [...]
Autumn Budget Statement 2022
THE CHANCELLOR Jeremy Hunt belatedly announced his Autumn Statement today heralding a new phase of austerity and sneaky tax rises. Here at [...]
Mini-Budget scrapped by new Chancellor
THE NEW CHANCELLOR has today scrapped most of the mini-Budget announcements made by his short lived predecessor. What, if any, of the [...]
Further embarassing U-turns on the Mini-budget 2022
THE EMBARASSING farce continues at Westminster with more twist and turns than reality TV. The PM Liz Truss has today overseen more [...]
