Modern accounting
Foxley Kingham News
Making Tax Digital, where have we got to and what’s coming next?
The story so far The Government’s Making Tax Digital (MTD) initiative means an increasing number of businesses will need to keep digital accounting records and submit their returns to HMRC online. The aim is that once the changes are in place that it will be easier...
Fifth Grant Guidance – Self Employment Income Support Scheme open to claims from late July
If you are eligible for a fifth grant you will soon hear from HMRC inviting you to claim. The process is the same as with previous SEISS grants the only additional section is where HMRC asks you to input your turnover figures. Information to have ready Your bank...
Fifth Grant – Self Employment Income Support Scheme open to claims from late July
A fifth grant covering May 2021 to September 2021 will be open to claims from late July 2021. The grant is taxable and will be paid out in a single instalment. If your turnover has been reduced in the year April 2020 to April 2021 by 30% or more, the grant would be...
Foxley Kingham Anniversary Foundation launch charity challenges
Foxley Kingham Anniversary Foundation (FKAF) will launch two charity challenges to help raise much-needed funds for the 2021/22 charity partner The Level Trust. We are looking for local people to take on the challenge of walking 26 miles around Luton, either as...
Fourth Self-Employment Income Support Scheme to open from the end of April
The online service to claim the fourth grant covering 1 February 2021 to 30 April 2021, will be available from late April 2021. If you’re eligible based on your tax returns, HMRC will contact you in mid-April to give you a date that you can make your claim from. It...
Foxley Kingham Anniversary Foundation Celebrates Another Great Year
The Foxley Kingham Anniversary Foundation has completed another great year of fundraising for local charity partners, the theme for 2020 was Youth Engagement and in total an impressive £7,000 was raised. Fundraising as a team during a pandemic and two national...
Brexit – How it’s Unfolding in Reality
Justin Richardson, CEO of Bedfordshire Chamber of Commerce, speaks to ProActivity about the everyday impacts of Brexit on local businesses. “It’s been, and still is, a huge challenge for businesses. We’ve seen a number of businesses unprepared. The complexity of new...
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...
The 2021 Budget and What it Means for Businesses & Individuals
https://www.fkca.co.uk/company-news/budget-2021-further-support-self-employed-announcedThe Coronavirus pandemic led Rishi Sunak’s second budget as the UK economy shrank by 10% in 2020 and Government borrowing reached record peacetime levels. It was widely acknowledged that taxes would need to rise to pay for the ongoing support, but with the pandemic...
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