The Benefits of Online Accounting
It can be a hard to transition from old to new, in anything. But making changes can have a positive impact; especially when that change is going to benefit the way a business is run and providing a way for…
Steps To A Successful Financial Audit
The words ‘financial audit’ can cause panic to ripple throughout an office, no one likes the thought of going through an audit! However, although this is not always a pleasant experience, there are ways to make it easier to handle,…
What is IR35 and Does It Apply To You?
IR35 is a tax legislation that is designed to stop tax avoidance by workers, such as contractors, who supply services to their clients through an intermediary. IR35 has been around since 1999 and if you are a genuine contractor or…
Accounting Terms Explained
We, as accountants, love our job and are fully versed in everything that we do. However, we’re aware that sometimes our clients do not understand the terminology of the accounting terms that we use. We see puzzled faces or hear…
Business Start Up Costs – What’s Involved?
When thinking about starting a business, there are the obvious things to consider which you’ll need to organise prior to moving forward with any business idea. The main point will be the costs involved with starting a business. What are…
What Expenses Can You Claim As A Self-Employed Worker?
If you’re thinking about going self-employed or have recently become self-employed, you may be wondering what expenses you are eligible to claim when submitting your tax returns. This is an extremely common question that we are asked on a regular…
Things To Know Before Starting A Business With A Friend
When contemplating starting a business with a friend, ensure that you understand everything that you’re getting into. It can be extremely rewarding but it can also be extremely tough with its own challenges to face. Starting a business with a…
The New and Improved Kara Accountants App!
Here at Kara Accountants we pride ourselves on going above and beyond for all our customers. Our service to you is our top priority. That’s why we set up our own online app enabling you to have peace of mind…
Why Use A Chartered Management Accountant?
As the owner of a business, you know and understand what direction you’d like your business to go in and no-one else will know that better than you. You will have put much thought and preparation into where you are…
Self Assessment Tax Return Assistance
If the thought of filling out a Self Assessment tax return fills you with dread, then you are not alone! It comes as no surprise that over 1 million people are fined every year for missing the HMRC deadline for their Self Assessment returned forms. It's always best to ask for guidance from a professional if you find yourself in that situation.