This article was written prior to the October 2024 Budget announcement. The treatment of pensions is subject to change from 6 April 2027 Inheritance tax has been the source of controversy over the past few years. Regularly intruding into fiscal or political...
When people hear that HMRC has changed the tax rules, it normally causes them to groan. But this time, HMRC’s plans could help small businesses as its Making Tax Digital (MTD) programme becomes a reality. With Foxley Kingham’s new accounting solution for small...
Each year, our Anniversary Foundation, established in 2018, chooses a charity partner to support throughout the course of the year. Our team then get to work fundraising for our chosen organisation. As announced earlier this year, Luton-based NOAH will benefit this...
August 2023 brought us the 14th consecutive rise in interest rate, as decided by the Bank of England. Sitting at a lofty 5.25%, the increase in the rate is just one contributing factor to a challenging economic landscape, for both businesses and individuals. Combine...
Chancellor Jeremy Hunt has announced in the government’s Spring Budget 2023 that the Pensions Annual Allowance (AA) is to increase from £40,000 to £60,000 from 6 April 2023. The adjusted income threshold for the tapered AA will also be increased from £240,000 to...
Another year, another charity challenge for the team at Foxley Kingham. Since 2018, the Foxley Kingham Anniversary Foundation has donated to local charities in the Luton area. Not as well-known perhaps as Comic Relief but just as important locally. 2022 proved to be a...
