Archive for the ‘Tax Planning’ Category

PK Partnership cost of financial advice

Can you really avoid inheritance tax?

Inheritance tax (IHT) was once famously described as “a voluntary levy paid by those who distrust their heirs more than they dislike the Inland Revenue” by Roy Jenkins, a former Chancellor of the Exchequer.  When Gordon Brown was Chancellor of the Exchequer, he called IHT a ‘voluntary tax’ because he said there were many ways [...]

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Image courtesy of Flickr_Pink Sherbert Photography

Budget Snapshot 2016

The 2016 Budget statement was made today at 12.30pm by the Chancellor of the Exchequer, George Osborne. About the Budget The Budget is a report presented each year by the Chancellor of the Exchequer to Parliament and the nation. The primary role of the Budget is to control public finances by setting out how much [...]

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Image courtesy of Flickr_Sheila Sund

Financial Planning for your children’s future

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PK Partnership Budget Savings and Pensions

The Budget: savings and pension surprises!

The Budget earlier this week included several surprise announcements to encourage saving, as well as some major reforms to pensions. If you’ve been reading the papers or watching the news and want to understand exactly what the changes mean for you, below is a summary of the main points, along with our immediate thoughts.

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Image Courtesy of Patrícia Almeida on Flickr

Year-end tax planning strategies to protect your wealth

Although we are at the beginning of a new calendar year, there are only two months to go until the end of the 2013/14 tax year, which means now is the time to make sure you have used your annual reliefs, exemptions and allowances. Whether you are a run a business, own rental property or [...]

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