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The family home allowance

Rising property prices have resulted in more families being elevated to millionaire status. While this does of course have its benefits, it does mean that people are being forced to deal with the inheritance tax (IHT) implications that come with such financial gains....

Payroll issues for employers

The rules and regulations surrounding payroll are forever changing so it’s important to ensure you’re up-to-date with all the latest developments. Below is a helpful guide which details all the latest payroll issues. If you have any questions or would like to find out...

BLOG: Improving cashflow

A guide to maintaining a healthy cashflow.  The balance between money coming in and out of your business. If your business does not have a steady stream of money flowing into it, you will be unlikely to be a going concern in 12 months. On the other hand, every...

PKB BLOG: Starting up in business

Starting up in business is an exciting adventure, but what do you need to do and when to ensure your idea is successful for you? Last year 608,110 businesses were incorporated according to data from Companies House. This is a year-on-year increase of 26,937 on the...

PKB BLOG: The self-assessment tax return

Self-assessment How and when to complete your self-assessment tax return.   HMRC uses self-assessment to collect tax from individuals who run their own businesses or if they receive income that is not taxed through PAYE. The individuals who have to submit a...

PKB BLOG: VAT after Brexit – what now?

On 23 June 2016, the British public voted in one of the most important referendums of modern times.  So now we have Brexit. The public’s decision to leave the EU will have an impact on almost every aspect of economic life. Trading relationships will need to be...

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