Are you a Sole Trader or Partnership? You will likely have heard that the Making Tax Digital scheme is coming into view from April 2026 and a key action step towards this is basis period reform. The financial year ended 5 April 2024 is now the Basis Period Reform...
The Spring Budget 2024 contained no flash surprises or big wins, particularly from a business perspective. Whilst there were a few golden nuggets here and there, for individuals especially, these ‘giveaways’ are really being overshadowed by the ever-increasing...
Chancellor, Jeremy Hunt, made his Spring Statement in the House of Commons this week. Setting out the government’s tax and spending plans for the year ahead, and likely the last before a general election, the Chancellor delivered a “budget for long term growth”...
If you’re self-employed, a sole trader, or operate as part of a partnership – you might be aware that as of April 2024, you’ll need to bring your accounting period in line with HMRC’s tax year. This change is known as the Basis Period Reform. In this article, we...
As we round up our year of business developments and accomplishments here at Foxley Kingham and GKP in this ProActivity article it’s apparent that our staff have also been having a year of personal growth and firsts too. In this article, we speak to Director,...
Chancellor, Jeremy Hunt, made his Spring Statement in the House of Commons this week. Setting out the government’s tax and spending plans for the year ahead, the Chancellor delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast...