PK Bookkeeping Blog

Bookkeeping Blog and News

Read our tips and tricks, news, views and advice about accounting and bookkeeping.

Are you ready for MTD VAT returns?

The requirements for VAT returns will be changing from April 2019 when the Making Tax Digital regulation comes into force. If your business currently makes VAT returns or is likely to exceed the VAT threshold of £85,000 by that date, you will need to comply with the...

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Cash flow forecasts and why you need them

Understanding what sort of success you anticipate your business to encounter can be easily done with the use of cash flow forecasts. A cash flow forecast is, essentially, what you estimate the flow of money both into and out of your business is going to be over a...

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Top 5 tips for doing your own books

Doing your own books, or maintaining your own financial records, can provide a steep learning curve for first time bookkeepers. However, looking after your own payroll, VAT returns, forecasting and expense allocations is not as difficult as it first seems. Here are...

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