Insights
The latest knowledge, ideas
and experiences driving our work
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PKF Littlejohn appoints Farhan Azeem as a Transfer Pricing Director
1min read
PKF Littlejohn has appointed Farhan Azeem as a Transfer Pricing Director.
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EU Commission VAT in the Digital Age Initiative
1min read
In December 2022 the EU Commission proposed wide ranging draft legislation as part of the VAT in the Digital Age package. We look into the details.
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Basis period reforms – are you ready?
1min read
We look at the best ways to save tax, particularly in partnerships, summarise the key changes in partnership reporting, and consider the pros and cons of new accounting reference dates.
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The HICBC: a stealth tax explained
1min read
A decade after its introduction, the High Income Child Benefit Charge (HICBC) continues to catch out many taxpayers. Andrew McCready examines the key aspects of this controversial tax charge.
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R&D tax relief changes: what you need to know
1min read
HMRC has long been uneasy about the perceived number of fraudulent R&D tax relief claims. We look at the revisions it has made, and what they mean for your company.
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The Autumn Budget Predictions
1min read
With the announcement last month of the temporary increase to National Insurance of 1.25% from April 2022 (temporary only in that it will be replaced with the Health and Social Care levy, at the same rate, from April 2023) and corresponding increases in…
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PKF Corporate simplification for insurance intermediary groups
1min read
Large or complex Group structures can often be costly, inefficient and place a disproportionate burden on management resources. Maintaining too many corporate entities may also result in unnecessary duplication, onerous compliance and present additional risks in a constantly changing regulatory environment.
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Climate change reporting for smaller insurers
1min read
In 2019 the PRA released a supervisory statement for banks and insurers as to its expectations for firms’ management of financial risks arising from climate change.
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Tax Talk: October 2021
1min read
Our regular Tax Talk newsletters provide the latest news, insight and analysis on tax related matters, covering both corporate and personal taxation issues.
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Tax Talk: UK payroll treatment for internationally mobile employees
1min read
Over the years, HMRC has introduced special payroll arrangements for cross-border workers that aim to simplify reporting and avoid double withholding. Here’s a summary. should be aware of.
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Tax Talk: Why tax matters when you expand abroad
1min read
Many organisations extend their business overseas into new markets, either to diversify their customer base, increase revenue potential or gain competitive advantage. But what are the tax implications?
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Tax Talk: R&D across borders
1min read
We look at the international aspects of R&D and explains how different group arrangements can still bring you within the scope of the generous UK R&D tax relief regime. When a group gets big enough, you can bet at least one member is…
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Tax Talk: Trading with the EU
1min read
There have been several accounting changes since Brexit, many of which have affected cross-border VAT. How can postponed import VAT accounting (PIVA) help? PIVA was introduced from 1 January 2021 to enable businesses that import goods into the UK (whether from the EU…
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PKF tax expert named in Accountancy Age rankings
1min read
We are pleased to announce that Phil Clayton in our Personal Tax team has been recognised by Accountancy Age in it’s ‘Top 35 under 35‘ showcase of the accountancy industry’s rising talent. Phil comes in at number five in this year’s rankings. Congratulations…
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IFRS 9: the two ways of calculating ECLs
1min read
Since IFRS 9 replaced IAS 39, entities have been getting to grips with new reporting requirements. We look at the methods and considerations along the way.
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Administrators appointed at Barrow & District Credit Union Limited
1min read
James Sleight and Peter Hart of PKF GM have been appointed as Joint Administrators of Barrow & District Credit Union Limited. The Financial Services Compensation Scheme (FSCS) has also declared the credit union in default, which means that savers are entitled to receive…
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PKF contributes to new Insurance Age report
1min read
PKF’s Financial Services team has once again provided expert analysis for Insurance Age’s annual ‘Top 50 Personal Lines Brokers’ supplement. The report reveals that participating brokers reported a record collective gross written premium (GWP) of £6.6 billion this year, with the largest three…