INDUSTRY NEWS

Your source for the latest news

Highlights from the King’s speech

Highlights from the King’s speech

Following the King’s Speech last week, PK Group have provided an overview of the government’s plans and priorities for the coming year. The Speech outlines the legislation that ministers of the new government aim to pass and while it’s delivered by the King, it’s actually drafted by the government on the day. Overview The...

Read More
PK celebrate a variety of accolades

PK celebrate a variety of accolades

PK Group are delighted to have been shortlisted for a number of awards. CEO, Patrick Kennedy, states “These fantastic accolades across all segments of our business are testament to the PK Team’s professionalism, hard work and dedication.” The awards that we have been shortlisted for are: Employee Benefits – Best Group Health Insurance Advice...

Read More
General Election 2024

General Election 2024

As you are aware, Labour have been victorious in winning the General Election 2024. We have prepared an overview which highlights what the main parties are saying about tax. Both the Conservative and Labour parties have pledged not to increase income tax, national insurance or VAT, although the Labour party have pledged to introduce...

Read More
Report employee benefits on form P11D by 6th July

Report employee benefits on form P11D by 6th July

P11D forms for reporting expenses and benefits in kind provided to employees and directors in 2023/24 need to be submitted by 6 July 2024. Note that paper forms are no longer acceptable; the return must be made online using PAYE Online for employers or commercial software. Remember that reimbursed expenses no longer need to...

Read More
Unlock Success: 5 Crucial Steps for Launching and Scaling Your New Business

Unlock Success: 5 Crucial Steps for Launching and Scaling Your New Business

As you navigate the path to entrepreneurship, it’s crucial to lay a solid foundation that sets your venture up for success and sustainable growth. Here are five important steps to consider as you establish and grow your new business: Get in touch via welcome@pkgroup.co.uk or on +44 (0)20 8334 9953. Alternatively, visit our Managing...

Read More
March Budget Report 2024

March Budget Report 2024

Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’. We have prepared a Budget Summary which provides an overview of the key announcements arising from the Chancellor’s 2024 Budget. Throughout the Summary you will find informative comments...

Read More
Payrolling of benefits in kind

Payrolling of benefits in kind

H M Revenue & Customs announced in January 2024 that the payrolling of benefits in kind is to become mandatory.  This will reduce the administrative burden on H M Revenue & Customs and employers alike. What are benefits in kind? Benefits in kind are any benefits given by an employer to its employees (or...

Read More
Post Office Horizon scandal: A stark reminder to prioritise people over systems

Post Office Horizon scandal: A stark reminder to prioritise people over systems

The recent Post Office Horizon scandal, given further exposure by the related TV drama, provides a cautionary tale about the perils of overlooking the human impact of technology decisions. The Post Office’s Horizon accounting system erroneously implicated postmasters in financial irregularities and led to severe consequences, including loss of reputation and even imprisonment, for...

Read More
Keeping on track for the end of tax year

Keeping on track for the end of tax year

With the end of the tax year approaching, it is a good time to start planning your tax affairs before the 5th April arrives. An obvious tax planning point would be to maximise your ISA allowances for the 2023/24 tax year (currently £20,000 each). You might also want to consider increasing your pension savings...

Read More
Autumn Statement 2023

Autumn Statement 2023

On 22 November 2023, Chancellor Jeremy Hunt presented his Autumn Statement to Parliament and started making, in his words, the long-term decisions necessary to strengthen the economy and build a brighter future. Fuelled by falling inflation and stabilised public finances, focus is now being applied to reducing debt, cutting tax and rewarding hard work....

Read More
Right Arrow List Tick Left Arrow Arrow Down Email Icon Tel Icon Quote Icon Search Icon