The Financial Reporting Standard 102 (FRS 102) is the principal accounting standard for small and medium-sized enterprises (SMEs) in the UK and the Republic of Ireland. Since its introduction in 2015, FRS 102 has provided a simpler alternative to International...
The Chancellor’s Autumn Budget has been much anticipated. Against a challenging economic landscape and increased cost of living – businesses and individuals alike were concerned what this budget may bring. But that’s perhaps where the common ground ends. Before the...
In the UK, company size thresholds dictate various statutory requirements, such as financial reporting and audit obligations. These thresholds have remained unchanged since January 2016. It was proposed in March that these thresholds be reviewed as part of the...
It’s been a busy 12 months for our corporate finance team at Foxley Kingham delivering two sales and three purchases for clients. All completed together with two complex restructurings, in a turbulent economic landscape. We caught up with Steve Sansom, our Associate...
If you’re an incorporated business or partnership, you’ll likely have heard the news about Companies House implementing a fee change, with effect from 1st May 2024. The changes relate to a wide array of fees payable, including those associated with your annual filing...
This article was written prior to the October 2024 Budget announcement. Stated reliefs are subject to change from 6 April 2026 In previous issues of ProActivity, we’ve covered the topic of inheritance tax (IHT); explaining what it is, how to navigate it, as well as...
