The Shorts Audit Promise summarises the service our audit clients experience every day.

What's in a Shorts Audit?

We want every member of our team to feel supported, developed and happy.

Working at shorts

Wealth Management has been in the DNA of our business since 1890.

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Audit

Working at Shorts

Shorts Wealth Management

We're not your average accountancy firm. We are a team of specialists all pulling in the same direction.

Our Services

  • Accountancy
  • Audit
  • Business Tax
  • R&D Tax Reliefs
  • VAT
  • Corporate Finance
  • EOT
  • Private Client
  • Wealth Management

Accountancy
Services

Our award-winning accountancy services free you up to focus on growing your business, safe in the knowledge that we’re on your side.  You’ll have our attention year-round, not just at the year-end, as we actively seek opportunities to make a real difference to the health and wealth of your business.

We really take the time to get to know you and your business. And we’ll work in partnership with you, building a strong, long-term relationship. That gives us the insight to deliver smart, strategic, advice.

Proactively working with our clients throughout the year, we never miss the chance to make your business better and your finances stronger.

Accountancy Team

Audit

Audit
Services

An audit is not just a box-checking exercise, but a real strategic business opportunity for companies that choose to use it to its full potential.

Your audit can provide valuable insights into the financial health of the business, identify areas for improvement, and help leaders make better decisions about resource allocation and financial planning.

Thanks to the joined-up ethos of the wider Shorts team, your audit can reveal greater opportunities in areas such as tax planning and compliance, mergers and acquisitions, management accounts, R&D tax reliefs, and even the personal taxes of the company owners.

Contact our audit team

Business Tax

Business Tax
Compliance & Planning

The Shorts Business Tax team wants to get to know your business and its goals, so we can make tax work to your advantage. Our team is experienced, strategic, and proactive, and our goal is not just to help your business survive and meet compliance, but to help it grow and thrive.

Compliance is crucial, but strategic tax planning can do so much more, both now and for the future.

This is where the Shorts holistic approach to tax comes in. By digging deep to understand your goals, we will present a strategic approach to your business taxes ensuring you can achieve your objectives in a tax efficient manner.

Let's talk tax

R&D Tax Reliefs

R&D Tax Reliefs
The Radius Team

Robust R&D Tax Relief claims, prepared and maximised by specialists with minimum disruption to you.

Some firms have tax generalists preparing R&D Tax Relief and Patent Box claims. Our team are full-time specialists. This means that we are uniquely equipped to maximise your claims, often using creative solutions in conjunction with our tax and accounting colleagues.

We have detailed quality assurance processes to ensure claims are fully optimised and compliant. All claims are reviewed by an ex-HMRC R&D tax inspector before submission.

Wherever possible, we’ll interview your team and prepare the claim from their answers – they just need to talk to us. Where we do need financial and other information, we’ll try to ask for it all in one go and keep it to a minimum.

R&D Tax Reliefs

VAT

VAT
Consultancy & Planning

Every individual, company or partnership is affected by the complex rules of VAT on a daily basis, but VAT remains the least understood of all taxes. Which is why we set up our specialist VAT consultancy and planning department; here to help guide you through the complex maze of VAT legislation.

Our team can help with all areas of VAT from relatively basic issues such as initial registration, the completion and submission of VAT returns and advice on how to correct errors and mistakes, through to more complex issues such as assessments, control visits, cross border transactions and transfers of going concerns.

Our VAT Specialists

Corporate Finance

Corporate Finance
Leading you through change

Leading a business through change can be very challenging and finding the best route to the future you want requires true expertise.

Whether you’re buying, selling, or raising finance for a business, our award-winning Corporate Finance team are with you all the way, bringing strategy, insight, and conviction to get you the results you really want.

We want to get to know your business from the inside out – its history, its culture, its values, finances and, most of all, its goals. This knowledge and understanding helps us go the extra mile to make your ambitions a reality.

Thanks to the relationships we have with finance partners and legal experts, you’ll know there’s a whole team of specialists with you on this journey.

Meet the team

EOT

EOT
Employee Ownership Trusts

An Employee Ownership Trust (EOT) enables a company to become owned by its employees. A trust is set up by the existing owners for the benefit of all employees. The trust then becomes the majority owner of the business. Employee ownership is highly beneficial for both selling shareholders and the employees themselves.

Our goal is to help you understand as much as possible about Employee Ownership Trusts, including how they work, how they benefit businesses, and how they can be set up.

Setting up an EOT can be a lengthy, complex, and multi-layered project, with consideration needed for funding and tax arrangements and advice, collaboration with solicitors in preparation of the EOT trust deed, and more.

The Corporate Finance team at Shorts are experts in EOT planning and delivery and have helped numerous clients make the transition to employee ownership.

What is an EOT?

Private Client

Private Client
Advisory Services

Our market-leading service gives you a complete and uninterrupted view of your finances – business to personal, one generation to the next, present to future; Our team are specialists in trusts, wills, estate planning and personal tax.

By understanding your business and its goals, as well as your own personal ambitions, we’re in a great position to optimise your finances to create the best possible future.

From managing your tax, pensions and investments to advising on the use of trusts for asset protection, our seamless service delivers because our specialists really listen, understand and work with you to plan for tomorrow.

Meet the team

Wealth Management

Wealth Management
Planning & Advice

Shorts are Chartered Financial Planners, one of only a handful of firms in the region to have been awarded this “best in class” status. Achieving Chartered status confirms the most rigorous criteria relating to professional qualifications and ethical good practice has been satisfied.

Wealth Management has been in the DNA of our business since 1890. For generations since, we’ve been that safe pair of hands helping clients to create, manage and preserve their wealth.

Visit Shorts Wealth Management

Accountancy

Tools & Resources

Business Valuation Calculator

How good is your Management Information?

R&D Tax Credit Eligibility Checker

Download our free EOT Guide

Holding Company Eligibility Checker

Client Case Studies

Juratek Ltd – Trade Sale

T Allen Engineering

Vivid Creative

Pinelog Group

Penny Hydraulics

Latest Tax Insights

VAT on Commission

Commission is earned when someone facilitates the arranging of supplies between two other parties. Someone receiving commission is often referred to as an agent, and commission can be described as an agency fee or sometimes as a referrer or

VAT and e-Commerce - Online marketplaces

E-commerce continues to boom, not just in the UK but globally, and much of it uses online marketplaces to sell goods. It is, therefore, increasingly important to understand the VAT implications of online marketplace trading. What is an onli

VAT on Parking

Parking covers many different facilities, including on-street, off-street, privately run, and council-run parking, to name a few.

Holding Company Explained - Key advantages and eligibility

We regularly advise clients on of the benefits of creating a group structure via the use of a holding company. But what exactly does this mean? And what are the key advantages and disadvantages to creating one? Check your eligibility: Is

New HMRC stats show Patent Box is underclaimed

A series of recent announcements have shaken up the UK’s R&D Tax Relief scheme in a big way, with a new combined R&D Tax Relief scheme on the horizon and other changes to the claims process.

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Featured Blogs

13 proven ways to reduce Corporation Tax – Updated for 2024

R&D Tax Reliefs: The Dos and Don’ts for Accountants

Exempt from VAT or Zero-rated - What’s the difference?

List of Taxes for UK Individuals - Updated for 2024

Statutory Paternity Leave – Employer’s Guide (2024)

Our work receives national recognition

Award winning service

WINNER - Best Employer in Tax

Tolley's Taxation Awards 2022

Winner - Best Private Client Tax Practice

Tolley's Taxation Awards 2020

Winners - Corporate Finance Service award

Yorkshire Accountancy Awards 2020, 2022

Winner - Large firm of the year

Xero Awards 2022