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BLOG: Improving cashflow

A guide to maintaining a healthy cashflow.  The balance between money coming in and out of your business. If your business does not have a steady stream of money flowing into it, you will be unlikely to be a going concern in 12 months. On the other hand, every...

PKB BLOG: Starting up in business

Starting up in business is an exciting adventure, but what do you need to do and when to ensure your idea is successful for you? Last year 608,110 businesses were incorporated according to data from Companies House. This is a year-on-year increase of 26,937 on the...

PKB BLOG: The self-assessment tax return

Self-assessment How and when to complete your self-assessment tax return.   HMRC uses self-assessment to collect tax from individuals who run their own businesses or if they receive income that is not taxed through PAYE. The individuals who have to submit a...

PKB BLOG: VAT after Brexit – what now?

On 23 June 2016, the British public voted in one of the most important referendums of modern times.  So now we have Brexit. The public’s decision to leave the EU will have an impact on almost every aspect of economic life. Trading relationships will need to be...

Do you need help to get started with your financial plan?

Achieving your financial goals is made harder when you don’t have a plan laid out on paper. Without a timescale, a sense of priority and an idea of how you will use your money in the future, how can you be sure that you’ll achieve what you want to in your lifetime?...

Audits and accounts

An audit is an official inspection of a company or organisation’s accounts by an independent body. A company can choose to be audited in order to prove to its investors or shareholders that its accounts are sound. An external audit should also determine whether all...

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