The cash basis of accounting 2024/25 brought a shift in how profits are calculated for sole traders and partnerships. In the majority of cases, profits have historically been calculated on the accruals basis. This means income and expenses are recorded when the...
Last month we reported on a series of changes announced to the Financial Reporting Standard 102 – known as the 2025 Triennial Review. One of the major impacts on many small businesses will be changes to lease accounting. This will directly affect how SMEs accounts are...
General Practitioners are facing a number of challenges in today’s economic climate – increasing patient demand, pressure on services, and incoming National Insurance hikes. All of these combined with the demand of the job mean it’s more important than ever to ensure...
It’s that time of year again – the time for us to look back at the top moments, wins, and successes from the last year before we move in to 2025. We recognise that our success is largely due to the talent of our people and the trust we’re given by our clients – and...
The government has given people more time to pay National Insurance contributions towards their State Pension – but the cut off date is April 2025. State Pension Entitlement Entitlement to State Pension is something many people don’t think about until they are...
Are you an A-Level school leaver thinking about the future? Perhaps you want a good career but learning on the job is more your style? If either of these sound like you – the Foxley Kingham Apprenticeship Scheme might be your perfect route to success. Applications are...
