Once you’ve stepped out into the world of owning and running a business, whether that be starting as a limited company contractor, freelancing, or becoming a sole trader, most people won’t look back! However, many people who venture out on…
Are you looking to set up a Limited company? A limited company is a company ‘limited by shares’ or ‘limited by guarantee’. Read on to learn more. Limited by Shares Limited by shared companies tend to make a profit. Ultimately…
Are you a small company struggling with time to keep up with your bookkeeping? As a small business time is of essence and cash flow can be tight but budgeting well and incorporating an accountant into that budget could save…
While many large businesses have dedicated accounting departments, we know that small businesses often don’t have the same facilities. That’s why expense management is so important for small businesses to get right, as it provides easy savings that will make…
Earlier this month, the government announced an SME Brexit Support Scheme to help small to medium-sized businesses adjust to the new customs and VAT rules when trading with the EU. What Is The SME Brexit Support Scheme? The…
During the past couple of months, the UK property market has been on the rise largely fuelled by the government’s stamp duty holiday. However, doubts remain over the state of the housing market once the stamp duty cut ends in…
Recent research has revealed that the demand for debt advice could increase by up to 60% by the end of 2021 and around 3 million more people than before the pandemic will need support with debt problems by the end…
New VAT rules for building contractors and subcontractors will come into effect from 1 March 2021. They were originally expected to come into force from 1 October 2019, but were delayed due to the impact of the coronavirus pandemic on…
The Prime Minister, Boris Johnson announced on Christmas Eve that the UK and EU had agreed an EU trade deal after four and a half years of strenuous negotiations. This is the first agreement the EU has ever reached allowing…
The start of a new year is a perfect time to set goals for the next 12 months, and this is no different when it comes to your finances. Here at Kara Accountants, we’ve come up with some resolutions that…