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Hello and welcome to our June news round-up.

As always, there’s plenty to update you with this month from the new ban on tenant fees to the delay of digital accounts for individuals. If you have any questions about the topics discussed this month, give us a call and we’ll be happy to help.

 

Monthly Blog

Get the most out of your business, with our smart tax guide

You didn’t go into business to make HMRC rich. So, here’s our guide to getting the most tax-efficient money out of your business, by PKB’s Tax Specialist, Peter Bowyer. Pride. Productivity. Profit. These are all great reasons for forming your own business, and PKB...

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IPPR calls for inheritance tax to be abolished

  A think tank is calling for inheritance tax to be abolished as part of a set of proposals for major reform to the UK tax system. The Institute for Public Policy Research (IPPR) published its 10-part plan for economic reform, which includes replacing the system of...

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Philip Hammond considers abolishing dividend allowance

According to a report published in The Daily Telegraph, Chancellor Philip Hammond is considering abolishing the dividend allowance in the upcoming Autumn Budget. The treasury previously cut the allowance from £5,000 to £2,000 in the Spring Statement 2017 and...

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Budget 2018 – At a glance

Business Small retail businesses in England will see business rates reduced by a third. The annual investment allowance is to rise five-fold from £200,000 to £1 million for two years. Reforms to individuals working under IR35 are to be extended to the private sector...

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85% of small businesses are successful in securing funding

  Statistics show that the overwhelming majority (85%) of small businesses that applied for finance in the first six months of 2018 were successful. UK Finance commissioned the market research firm BDRC to carry out its SME Finance Monitor Q2 2018 and in the same...

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We hope you have enjoyed reading this month’s news. If you have any queries or concerns, please don’t hesitate to give us a call or get in touch online.

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