Introduction to Hart Shaw’s Tax Department

Hart Shaw’s Tax department have been extremely busy during January ensuring all your self-assessment returns have been completed and submitted to HMRC on time.

Adverts for the self-assessment deadline have been heard or seen far and wide via social media, radio, tv etc but that isn’t all that our Tax department do, they work very hard year-round.

The core work of the Tax department is compliance, which includes completing and submitting Corporation Tax returns, Personal Tax returns or P11D’s. There are many different tasks that stem from this, including;

  • Remuneration planning to find the most tax efficient method of extracting profits from the business.
  • Restructuring – this could mean somebody that trades as a Sole Trader now wants to incorporate themselves, a company may want to form a group of companies, companies may want to de-merge, and other restructuring
  • Valuations – valuing shares to employees, valuing shares for matrimonial disputes, or valuing shares for probate purposes
  • Setting up Share options schemes and other shares schemes and submitting annual returns to HMRC.
  • Residency advice for individuals moving overseas and companies wanting to set up branches or subsidiaries overseas.
  • VAT planning e.g. property transactions, cross border trading, partial exemptions etc
  • Property advice including capital allowances claims on commercial buildings.
  • Defending against HMRC enquiries including income tax, corporation tax, PAYE, P11D, CIS & VAT.
  • Research and Development Claims for generous tax incentives on innovative businesses.
  • Writing for clearance for share buybacks and advising on the tax implications
  • Exit strategies to ensure maximum reliefs are available when exiting the business.

Along with their day to day work, the Tax department attend several seminars, webinars or training days to ensure that they are always up to date with any changes in current legislation in order to keep you compliant.

If you have any questions about any of the afore mentioned topics, or would like any more information about Tax, please contact Steve Vickers via email (steve.vickers@hartshaw.co.uk) or telephone (0114 251 8850)

You can also visit our website https://www.hartshaw.co.uk/our-services/taxation


On top of the World!

Exam results were in this week, and we are delighted to say that Tom Wright in our Business Services department achieved 99% on his Business Planning: Taxation (BPT) paper!!

Tom came first in the WORLD of people sitting this paper.

We are extremely proud of Tom for all the hard work he has put into his studies and wish him the best of luck & support for the rest of his professional journey.


Hart Shaw’s Run Club

In an effort to keep fit, our Tax Partner, Steve Vickers, has started the ‘Hart Shaw Run Club’.

It started off as a Friday lunch-time run, but this late in the year, the runners are ruled by the weather so have taken advantage of the sun today!

Steve has been joined by members of staff from different departments, including a couple of his Partners.

Keep up the good work guys!

Run Club


The Round’s on us!

Last Thursday (15th) we were joined by professionals from Banner Jones Solicitors, Bruce & Butler Limited, CMS, Freeths, Taylor & Emmet and Wake Smith, as we hosted our first annual rounders tournament at the HSBC Sports Ground in Sheffield.

There were 2 semi-final matches, followed by a final match between the winner of each semi-final. Teams were mixed from each firm, including staff from Hart Shaw. Chip Butties and a couple of drinks were then enjoyed, along with an opportunity to network.

Everybody that attended had a ball –  we can’t wait to bring this back next year!

Rounder's 2019 Winners



Business is Booming at Hart Shaw

Hart Shaw are pleased to welcome (L-R); Lucy MacDonald, Josh Lister, Georgina Reddy, Simon Duncan, Megan Herrington, Amit Kotadiya, Fern Hitchen & Mathew Waller.


Josh & Megan are both joining us for a year as part of their university course placement. As with past University placements, we’re sure they will pick up some invaluable skills working as part of our team.

Simon, Lucy, Georgina & Fern have joined us as Business Service Juniors, where they will complete numerous sets of accounts & audits, all whilst studying to become Chartered Accountants. We wish them luck in their studies.

Mathew has slotted in well to our Business Services Department as a senior member of staff, since starting in April this year.

Amit joined our tax department in March this year as a Tax Assistant, and will soon start his Tax studies.

We wish them all a long & happy career at Hart Shaw.


High five for Hart Shaw & Westbourne School!

Sheffield based Chartered Accountants & Business Advisers, Hart Shaw have linked up with Westbourne School for a ninth year running, sponsoring the Maths prize at the school’s end of year awards ceremony.

The Hart Shaw Cup for Mathematics was awarded to Jessica Leatherland who has excelled in the subject throughout the 2018-2019 academic year.

The ceremony took place on 4th July 2019, with pupils taking to the stage to collect their awards.

“We are delighted to continue our support of the ‘Hart Shaw Cup for Mathematics’ for a ninth year and we are looking forward to continuing our support in the future. Well done to this year’s winner, Jessica Leatherland. If she follows in the footsteps of some of the past winners of this award she has a very bright future ahead of her.”

Jessica was also awarded the form prize for Chemistry, Spanish & Design Technology, and the Thornhill Cup for Music.

Westbourne is known for its high standards in academia and past recipients of the Hart Shaw Prize have themselves gone on to achieve greater academic success.

Jess Leatherland


Tax Investigation Service

We can safeguard you against the taxman

A tax investigation could cost you money even if you’ve done nothing wrong. HMRC are using sophisticated software to target individuals, businesses and companies for investigation.

The very thought of an HMRC enquiry can be daunting but in the event that you are chosen for investigation we can help you at every step of the process. Early professional representation is an essential part of your defence, this takes time, expense and flexibility on our behalf.

Our Tax Investigation Service in partnership with Croner Taxwise includes:

  •     Representation from us in the event of an HMRC investigation, with zero excess and £100,000 fees indemnity.
  •     Peace of mind.  We will deal directly with HMRC on your behalf safeguarding you from the concern and stress of unknown additional fees.
  •     Access to experienced solicitors who will advise you on all areas of law including contract, property and landlord & tenant.

If you are in business

  •     A Health & Safety advice line. Do you really know what the responsibilities and implications are?
  •     Employment Law specialists providing pro-active HR advice helping you to manage your employees.

We recommend that you take advantage of this valuable service which is a real benefit to you.

Simply refer to the response form and send your payment.

You can find more information on our website.​

If you would like to ask us any questions please contact Rebecca Neville on 0114 251 8850 or email rebecca.neville@hartshaw.co.uk

February 2020
« Jan