The Chancellor, Jeremy Hunt, presented his autumn statement alongside the latest forecasts from the independent Office for Budget Responsibility this week. It’s the budget update that now has the nation whispering of a snap spring general election and gave businesses...
We’ve written previously on the topic of Capital Allowances, touching upon the claims you can make for commercial property. Knowing that this is of interest to many of our clients, we again welcomed the opportunity to speak to Giordano Goggioli, Senior Associate for...
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...
The key HMRC reform, which only affects unincorporated businesses, such as partnerships and sole traders, involves moving the calculation of business profits from the ‘current year’ basis to a ‘tax year’ basis. HMRC’s measure was originally put forward as a means of...
Recently, we published guidance for businesses on the importance of Getting your R&D tax credits right, in part 1 – A Buyer’s Guide. In part 2, we’re letting you know in more detail how the landscape for claiming R&D (Research & Development) tax credits is...
Lorna Dias, Tax Manager at GKP, discusses enhanced capital allowances that could benefit your business. Rummaging through the cupboards to eat ANYTHING to avoid a shopping trip and the washing machine idling as loungewear becomes a weekly uniform…the pandemic has, in...
