R&D tax reliefs – known to many as very generous tax breaks given to companies that undertake qualifying research and development activities. For businesses, it’s a welcome benefit for undertaking the complex (and often costly) R&D work. Now, HMRC has...
In previous articles, we’ve looked at many of the reliefs available to mitigate inheritance tax. In this issue we provide a little more detail around the residential nil rate band (RNRB), the rules and restrictions, and how this relief works (and most importantly how...
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...
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 how to maximise tools like lifetime gifts to minimise the amount of liable value within your estate. In this article, we want to...
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...