As we usher in a new year, it's the perfect time to recalibrate our financial compass and set sail toward our savings aspirations. Whether it's for that dream vacation, a down payment on a house, or simply building a safety…
At Kara Accountants, our commitment is to simplify and streamline the accounting experience for our clients. We understand that accounting isn't everyone's favourite task, and we aim to make it as pleasant as possible. With the advent of the Making…
The housing market can be a complex and volatile landscape for potential buyers and sellers. This means that making well-informed financial decisions is crucial and they need to know how to navigate the housing market wisely. In this blog, we…
When you embark on a business venture, it's essential to establish a clear divide between your personal and business finances. Separating these two aspects not only simplifies accounting and tax obligations but also protects your personal assets in case of…
There’s no such thing as too organised, especially when it comes to your business or personal finances. The start of a new tax year is the perfect time to assess your finances and make sure you are setting yourself up…
Last Friday, the Chancellor went significantly further than in the history of this great county, with a series of unprecedented announcements in the Government’s support of businesses, employees and individuals. The range of measures for UK businesses is significant and…
In the past week we have seen a majority of UK workforce start to work from home amid the Coronavirus pandemic. For some it will be the first time they have ever worked away from the office and with the…
We're going to be posting relevant information for our clients and providing a relevant link for further reading where possible. Today's update is as follows: IR35 changes which were planned to come in to effect in April have been postponed for…
Dealing with an unpaid invoice is almost certainly not one of the reasons you started your business and a client book full of prompt payers is the goal. Late payments can cripple a small business and in 2017 the UK…
Last year the Government announced that electric vehicles will be exempt from company car tax in the 2020/2021 tax year. This will be the first opportunity for company cars to be to be taxed at 0% as a benefit in…