by ClearwaysAccountants | Feb 3, 2016 | Pension planning, Small business advice
Auto-enrolment has reached the smallest companies… We have been asked whether a company with only directors on the payroll need to apply for a pension scheme under auto-enrolment? Generally director only companies are exempt i.e. do not have to auto-enrol the...
by ClearwaysAccountants | Jan 19, 2016 | Contractor, Self Employment, Tax Tips
Contractors in the film and TV industry work in all areas, as sound and visual engineers and other on-set services… If you are a Contractor in the film and TV business you may be better off working through your own Limited company rather than working through...
by ClearwaysAccountants | Nov 27, 2015 | Contractor, Freelancer, Self Employment, Small business advice, Tax Tips, VAT
A common problem for small businesses… Late payments create cash flow problems for small businesses and this can lead to debts with HM Revenue & Customs. According to the latest figures, VAT arrears are currently £2.58 billion. Most companies pay VAT on the...
by ClearwaysAccountants | Nov 25, 2015 | Budgets and Autumn statements, Business tax, Contractor, Freelancer, Self Employment, Small business advice
A generally upbeat speech by the Chancellor… See our separate blogs on travel and subsistence expenses and buy-to-let changes. The economy is growing and this is good news for all businesses but particularly small businesses and start-ups. There are many...
by ClearwaysAccountants | Nov 25, 2015 | Budgets and Autumn statements, Contractor, Freelancer, IR35, Pay, Expenses & Benefits, Tax Tips
The Chancellor has listened! In the Summer Budget the Chancellor announced a review of the deduction for tax of travel and subsistence for employees working at temporary workplaces. If the Chancellor had gone ahead and stopped this expense being deductible for tax...
