21 Mar 2024 | Accounting, Business owners, Business strategy, Construction, Corporate finance, Financial planning, FK news, Inheritance tax, Making tax digital, Owner managed business, Personal tax, Tax planning
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...
7 Mar 2024 | Business owners, Business strategy, Corporate finance, FK news, Tax planning
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, and likely the last before a general election, the Chancellor delivered a “budget for long term growth”...
19 Dec 2023 | Business owners, Financial planning, FK news, Start ups, Tax planning
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...
19 Dec 2023 | FK news, Tax planning
The most prudent business owners, sole traders, and individuals will already be turning their thoughts to the upcoming end of the tax year – once we’re in 2024, it’ll be April before you know it. April 2023 marked a large number of changes as a result of the winter...
26 Jul 2023 | FK news, Tax compliance, Tax planning
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...
26 Jul 2023 | FK news, Tax planning
It’s been a busy period in the world of HMRC and tax, with a number of notable changes and updates that affect sole-traders, incorporated businesses, and partnerships alike, we thought it was about time we summarised all the recent changes, and how they’ll affect...