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Foxley Kingham News
Spring Budget 2024: 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, and likely the last before a general election, the Chancellor delivered a “budget for long term growth” - a...
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...
What you need to know about lifetime gifts & inheritance tax
In our previous issue, we gave an overview of the controversial inheritance tax system and listed the various ways you can mitigate the burden on your loved ones when you die. In this issue, we’ll look at the potential benefits of making lifetime gifts in relation to...
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...
Time to prepare – are you ready for the tax year end?
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...
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...
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