Taxpayers lost out on over £600 million.
Results for "inheritance tax"
UK tax take down 8% from last year
VAT and corporation tax took the biggest total hits.
IHT reforms cut paperwork for 90% of non-taxpaying estates
Changes to take place from 1 January 2022.
Business groups welcome ‘tax day’ consultations
The Treasury announced 30 tax updates, consultations and documents.
Govt. announces raft of ‘tax day’ consultations
The Treasury released 30 tax updates.
Tax News & Changes April 2021
What changes can we expect from the new financial year? There have been numerous changes to tax rules and regulations announced in the 2021 Spring Budget here are the highlights. OFF-PAYROLL WORKING IN THE PRIVATE SECTOR After a year’s delay, off-payroll working in...
Are big changes afoot for capital gains tax?
The OTS recommends options for COVID-19 tax grab.
Tax planning
Modern accountingMinimising liabilityTaxes may be a less-than-welcome fact of life, but they’re a fact of life nevertheless. While there is little you can do to avoid tax, the amount you need to pay as a business or an individual can be significantly reduced with the...
5 personal tax changes for 2020/21
What you need to know as the new tax year gets under way on 6 April.
Expected tax changes in 2020
Personal and business changes for the 2020/21 tax year.
HMRC crackdown on gifting rules claws back £624m
Families hit with big inheritance tax bills after believing gifts would not be taxed.
Chancellor hints at death duties reform
Inheritance tax is on Sajid Javid’s mind.
Estates pay record amount of death duties
HMRC continues to rake in record sums of inheritance tax.
Spring Budget 2024: Key changes and how they affect you
The Spring Budget 2024 contained no flash surprises or big wins, particularly from a business perspective. Whilst there were a few golden nuggets here and there, for individuals especially, these ‘giveaways’ are really being overshadowed by the ever-increasing...
The UK Patent Box regime: valuable savings for companies profiting from IP
Continuing our series which explores the various types of tax relief and incentives available to UK businesses, we once again spoke to Foxley Kingham partner and resident expert, Giordano Goggioli, Senior Associate at Markel, a specialist insurance and tax consultancy...
Safeguarding your business from the increasing number of corporate insolvencies
As the number of corporate insolvencies once again exceeds pre-pandemic levels, we spoke to Alastair Fish, Insolvency Manager at Business Recovery and Insolvency. Alastair answered a number of commonly asked questions, providing expert insight into why the number is...
Basis period reform – what action should I take?
If you’re self-employed, a sole trader, or operate as part of a partnership – you might be aware that as of April 2024, you’ll need to bring your accounting period in line with HMRC’s tax year. This change is known as the Basis Period Reform. In this article, we...
A year in review: highlights from Foxley Kingham, GKP, and FoxKash
As with any other Winter edition of ProActivity, we like to wrap the year up and tie it with a bow to keep you up to date on all that’s going on across Foxley Kingham, Foxley Kingham Medical, FoxKash, and GKP. There have been lots of developments, both personal and...
Tara Aldwin ventures on an eye-opening volunteer trip to save equines in Egypt
As we round up our year of business developments and accomplishments here at Foxley Kingham and GKP in this ProActivity article it's apparent that our staff have also been having a year of personal growth and firsts too. In this article, we speak to Director, Tara...
Welcome to the Winter 2023 Edition of ProActivity
ProActivity is our triannual newsletter, bringing you the latest updates and developments in accounting and commerce and what they mean to your business. In this edition, our experts give their opinions on what's impacting business right now, including; The Autumn...
The Autumn Statement – 110 reasons to ‘back British Business’ and rumours of a snap election
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...