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
Property remains an attractive investment for landlords
As the global financial crisis took hold in 2008, banks attempted to bring the world economy back to life by slashing base interest rates. The idea behind this is to make saving less attractive, thus prompting people to spend their money instead. In the UK, the Bank...
Treasury set to review tapered annual allowance for pensions
Following repeated disputes and calls to abolish it, the Treasury has announced plans to review the tapered annual allowance for pensions. The scheme currently applies to those with a taxable adjusted income of more than £150,000 and a threshold income over £110,000....
HMRC reveals that 95% of businesses are now signed up to Making Tax Digital
HMRC has revealed that more than 230,000 VAT-registered businesses signed up for Making Tax Digital (MTD) before the second stagger deadline last month. This means that 95% of all mandated firms are now signed up to the scheme. While this figure is impressive, there...
Changes to Employment Allowance could impact small employers
The Association of Taxation Technicians (ATT) has warned that plans to remove the Employment Allowance for large employers could impact smaller firms too. Currently, the allowance provides employers with a reduction to their national insurance contributions (NICs)...
PKB welcomes new team members
It's an exciting week, as we welcome three new members to the PKB team. We are thrilled to introduce Ethan and Lewis who join us as Trainee Accountants and Sinead as our new Internal Accountant. We wish them a warm welcome and lots of good wishes on becoming part of...
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