We are proud to announce that PK Employee Benefits have been shortlisted as Finalists for Best Use of Technology for Benefits & Health and Wellbeing Consultant of the Year for the WSB Awards. To view the full shortlist, click here. If you have any questions regarding our PK Engage app or employee benefits, please...
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...
We are delighted to announce that PK Employee Benefits have been shortlisted as Finalists for Best Group Health Insurance Advice Firm by the UK Health & Protection Awards, for the second year in a row. To view the full shortlist, click here. If you have any questions regarding financial planning, tax advice, employee benefits...
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...
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...
Stock markets posted positive returns in the first quarter of 2024 with the US market (S&P 500) up 12.2%, the Japanese market up 12.0% and Europe ex UK up 6.8%. The market rally in the US was initially driven by enthusiasm for businesses expected to benefit from the rapid growth in Artificial Intelligence (AI)...
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...
Stock and bond markets finished the year on a high with all main asset classes posting strong returns in the last quarter of 2023. The UK aggregate bond market was up 8.25% and most equity markets rallied by 5% or more in GBP. The main factors driving financial markets continue to be the level...
Our Director of Financial Planning, Martin Crawley-Boevey, has recently qualified for the 2024 Guide to Top Rated Financial Advisers, based on the strength of the client feedback. PK Group put the client at the heart of everything we do, which is testament to Martin’s positive feedback. You can view the full guide here. VouchedFor...
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...