15th February 2023 The external environment is characterised by high inflation which manifests itself in rising fixed and variable costs including wages. Where possible, we have attempted to pass on to our clients some of the increased costs but are mindful of the price elasticity of demand for our services which constrains the amount...
HM Revenue & Customs (HMRC) have introduced a revised penalty regime for the late submission of VAT returns. The new rules apply for VAT accounting periods commencing on or after 1 January 2023 and apply to nil and repayment returns and those for which VAT is paid late. The new penalty system will replace...
“On 17 November 2022, the government undertook the third fiscal statement in as many months, against a backdrop of rising inflation and economic recession. The Chancellor laid out three core priorities of stability, growth and public services. The government sought a balanced path to support the economy and return to growth, partially through public...
PK Group have released another guide on the mini budget reversal to inform you of the updated government announcements. Click here to view: Reversal-on-Mini-Budget-22 For more information, please do not hesitate to contact us via welcome@pkgroup.co.uk or +44 (0)20 8334 9953
PK Group have released a revised version of the mini budget review to inform you of the updated government budget announcements. Click here to view: Mini-Budget-2022 V2 For more information, please do not hesitate to contact us via welcome@pkgroup.co.uk or +44 (0)20 8334 9953
Have you missed the Mini Budget review? Do you require more information? PK Group have attached a Mini Budget Brochure to inform you of the latest government updates, such as tax cuts and the stamp duty abolition. Click here to view: Mini-Budget-2022 For more information, please do not hesitate to contact us via welcome@pkgroup.co.uk...
Introduction On the 20th September 2022, Her Majesty Queen Elizabeth II was laid to rest. After 70 years on the throne and having stood as a powerful symbol of Britain, we are united in remembering her life and dedication to the public services. The nation has been accustomed to seeing her portrait on stamps,...
On Thursday 30th June we had a social Get-Together in our Richmond office. It was great to get everyone together for some pizza, nibbles and drinks and to take part in a quiz. Our Business Support Manager, Paul Baden, was our brilliant quizmaster for the evening. We had rounds on general knowledge, sport, music...
Spring Statement 2022 Chancellor Rishi Sunak has unveiled the contents of his Spring Statement in the House of Commons. Chancellor Rishi Sunak told MPs in the House of Commons that “today’s statement builds a stronger, more secure economy for the United Kingdom”. Mr. Sunak outlined how the Government will look to aid individuals who...
Yesterday saw the second Budget this year and the second delivered by Rishi Sunak as Chancellor. He declared that the UK is entering a “new age of optimism” giving the Chancellor extra fiscal firepower as a result of a brighter economic outlook. In his speech he set out the plans to “build back better”...