Research and development (R&D) tax credits are the Government’s incentive for rewarding companies who invest in innovation and are a valuable source of cash. However, the risk is increasing for companies who get their R&D claims wrong, and all claimants, even...
There is plenty of news coverage at the moment about the UK being in the grip of the fastest rising inflation rate in 40 years. That’s why Foxley Kingham wrote to all their GP clients in May, regarding their concerns high inflation will have on pension tax charge. ...
Five years ago, how many of us would have understood the term, “net-zero”? How engaged, at that point, were you with the issue of climate change and all that we’re doing to stop it? From a topic that appeared on the evening news once in a blue moon, to a universal...
In amongst the almost-daily turbulent news, there are important MTD (Making Tax Digital) changes coming from HMRC that it’s important landlords, sole traders and partnerships do not miss. The changes are likely to impact the majority, so if this is you, or someone you...
At Foxley Kingham, we advise businesses and individuals day-in-day-out on their finances, as you would expect a chartered accountant to do. All the ideas in this series of articles ultimately revolve around four basic insights about growing a business. You can:...
A P11D is a statutory form that is needed by the tax office to show the value of your end-of-year expenses also known as company benefits. The submission date for the P11D, Employee Benefits Form, has just passed on the 6th of July, but here are some tips and trip-ups...
