News

by Darshil Shah

8 Aug 2022

A statutory audit is carried out once a year and can mean a lot of work for a client, especially if there are complexities such as share-based payments, revenue recognition on stage of completion basis etc. For some companies, there is no justification to hire additional staff in just to facilitate the audit.

by Darshil Shah

5 Aug 2022

As part of the Government’s strategy to combat economic crime, the Register of Overseas Entities (ROE) requires overseas entities that own UK land or property to declare their beneficial owners or managing officers.

by Fran Kidd

2 Aug 2022

Oxford-based Shaw Gibbs have strengthened their VAT consultancy offering with the appointment of Leo Donovan as Associate Director VAT.

by Fran Kidd

29 Jul 2022

Shaw Gibbs have promoted three of their senior team with effect from 1 July 2022.

by Sarah Gardener

27 Jul 2022

During our recent trip to the USA, I was asked a series of questions about the UK economy and what US companies should be aware of when looking to the UK for expansion. Below is a summary of the main questions which were put to me.

by Fran Kidd

8 Jul 2022

Shaw Gibbs Insolvency Practitioner Karyn Jones takes part in the Langdon Velo Challenge for the sixth time.

by Katie Preston

8 Jul 2022

The furlough scheme reportedly cost £70bn and it is therefore unsurprising that HMRC are looking to claw back mis-claimed amounts.

by Gemma Barrett

5 Jul 2022

At the heart of every business is a finance function, whether you’re a business just starting out or have been in business for many years it’s the critical function that pumps reliable data to other business areas to ensure they remain healthy.

by Robert Shadbolt

21 Jun 2022

With the upcoming merge of the Ethereum 2.0 update rumoured to be implemented this year, it is important to remember that there may be income tax implications for cryptoasset investors who play a role in verifying blockchain transactions.

by George Tattersall

21 Jun 2022

When we refer to ‘outsourcing’ a finance function, the meaning is construed in multiple ways depending on the audience and pre-conceptions. It is useful therefore to outline some of the ways in which the outsourcing department can assist in ‘special projects’ which fall outside of the traditional bookkeeping/data processing/returns.

by Delyth Barnett

20 Jun 2022

The original requirement for certain trusts to register on the Trust Registration Service was introduced in June 2017 as part of the UK’s implementation of the EU’s 4thAnti-Money Laundering Directive. This provided greater transparency surrounding the assets and individuals involved in such structures.

by Peter Jones

20 Jun 2022

Over the last few months, there has been a lot of pressure on the Chancellor, Rishi Sunak and his wife, Akshata Murty as a result of their non—domiciled tax status and the suggestion that they have “avoided” paying significant amounts of UK tax as a result of dividends received from her stake in her father’s overseas IT business, none of which is taxable in the UK.

by Ed Gibson

17 Jun 2022

Before you think we’re about to go into a discussion of the differences between simple and compound interest, this isn’t that sort of an article. Instead we’re going to take a look at how interest rates impact on a variety of aspects of financial planning and why how something is named doesn’t necessarily reflect what something is.

by Nick Hutchings

14 Jun 2022

Following on from my colleague Charlie’s article covering exit planning, it is clear that there are seismic shifts in the marketplace with a number of opportunities being seized off the back of the Covid pandemic.

by Karyn Jones

8 Jun 2022

My colleague Charlie, in his recent article, discussed the fact that exit-planning has come to the fore for many business owners as a result of Covid. Numerous of these sales will have been facilitated through an asset sale rather than a share sale, in which case the monies will need to be withdrawn from the company and distributed to the shareholders.

by Gemma Lanning

6 Jun 2022

A Oxford based firm has welcomed the appointment of a major international accountant as executive director at its global association.

by Charles Breese

31 May 2022

As previously mentioned in my article Seeking funding or investment from a position of strength the SME market for mergers and acquisitions have resumed to pre Covid levels. I speculated this was due to a build-up of cash reserves as a result of lack of investment during periods of high scepticism and risk in the market.

by Karyn Jones

17 May 2022

Over the course of the last couple of years, most companies have had to learn, very quickly, how to adapt to new and constantly changing business conditions and demands.

by Charles Breece

16 May 2022

“Fail to prepare – prepare to fail” an age-old statement I’m sure most of us have heard from parents or teachers along the way.

by Gemma Barrett

13 May 2022

At Shaw Gibbs we pride ourselves on our key values, Expert, Respectful, Innovative and Collaborative, and are always looking at ways in which we can enhance our services.