Gifts and inheritance tax


Inheritance tax (IHT) at 40% is due on the portion of a person’s estate that exceeds £325,000. This can be reduced to 36% if 10% (or more) of the estate is given to charity. Married couples and civil partners can transfer any unused allowance to their spouse, meaning the nil-rate band can potentially double to…

Read more >

Extracting profits from your business


A guide to tax-efficient profit extraction for business owners. Owning and running your business is a tough proposition but it is vitally important that people continue to do it. As well as the rewards that come from hard work and determination, there are also monetary benefits to running your own business. There are a variety…

Read more >

PKB hosts successful business event


Last week PKB Accountants hosted a successful and informative event for business owners. Taking place on the 6th of May 2016 at HSBC at the Thames Valley Business Centre in Reading, ‘Your Business…You’re Not Alone’ was a free event that allowed guests to discover more information about current and relevant topics for their business. The…

Read more >

Event: ‘YOUR BUSINESS – you are not alone’


Come and join us on 6 May 2016 at this FREE invitation only event to discover information on current and relevant topics for your business: Access to finance—the best way to secure funding from the bank, what prevents a credit application being approved and new lending campaigns. Auto enrolment—processes and pitfalls Pensions—are they really that…

Read more >

Think you’re safe from an HMRC enquiry?


Tax investigations Think you’re safe from an HMRC enquiry? Think again!   HMRC activity Connect 6 out of 10 enquiries are now selected by Connect, HMRC’s data matching and analytical computer system which holds over a billion pieces of data, collected from banks, building societies, the Land Registry office and the Tax Evasion Hotline, to…

Read more >

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.