Modern accounting
Foxley Kingham News
Do you run an SME? We’ve launched a service just for you
Following the success of our dedicated bookkeeping company, FoxKash, in 2017, we are excited to launch a comprehensive new service specifically tailored towards our small business clients. With HMRC intent on increasing regulation for small businesses in the form of...
Your tax, digital tax, and business tax – what’s changing this month?
The budget on 15 March comes after a year when the UK has had three Prime Ministers. What is scarcely remembered though is that the UK has had four Chancellors of the Exchequer in the same period. And each one has had a different view on tax. Rishi Sunak, as...
Joining GKP – meet the team member Karen Bowyer
"Charles joked he’d put pictures of horses up in the new office.” GKP, Foxley Kingham’s sister company recently acquired the Bedford-based branch of the highly respected accountancy firm, Keens Shay Keens (KSK), of which the late Charles Little was Director. Charles...
Don’t miss out on property capital allowances opportunities and make sure you maximise the opportunity with expert advice
Many UK businesses are missing out on claiming capital allowances tax relief on commercial property they own or invest in. The legislation surrounding capital allowances is complex and many tax advisors and solicitors are not fully confident guiding clients in these...
Beyond the budget headlines: what the Spring Statement means in reality
Beyond the Budget Headlines Budgets have their traditions. Some remain yet others fall away. The convention of the Chancellor holding a red box aloft outside Number 11 Downing Street has stayed. Others have not – the ritual of the Chancellor drinking alcohol during...
Spring Budget 2023: Key Points
Chancellor, Jeremy Hunt, made his Spring Statement in the House of Commons this week. Setting out the government’s tax and spending plans for the year ahead, the Chancellor delivered a 'Budget for Growth' after the Office for Budget Responsibility forecast a...
Changes coming to income tax basis period reform affecting medical practices
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...
Know the changes, don’t run the risk – claim R&D tax credits correctly – part 2 – A buyer’s guide
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...
Hardy, daredevil Foxley Kingham charity team do it again in 2022
Continuing the tradition of raising funds for local charities through the Foxley Kingham Anniversary Foundation, various members of the team this year set themselves particular challenges that they personally wanted to achieve, as well as raise much-needed funds. What...
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