by ClearwaysAccountants | Nov 25, 2015 | Budgets and Autumn statements, Capital taxes, Landlords, Tax Tips
The Chancellor is hitting buy-to-lets and those who are thinking of purchasing a buy-to-let hard… In the Summer Budget he announced reductions in the amount of mortgage interest payments that can be deducted against your rental income. This plan remains...
by ClearwaysAccountants | Nov 17, 2015 | Contractor, Freelancer, Self Employment, Small business advice
Join the campaign Thousands of small and medium-sized enterprises (SMEs) in the UK, currently more than 35,000, are joining the campaign against recent changes to the taxation of UK dividends, which come into effect next April. Serena Humphrey, a Nottingham based...
by ClearwaysAccountants | Nov 12, 2015 | Contractor
Why is it difficult to get a mortgage as a contractor? It can be very difficult to get a mortgage as a contractor due to the nature of your working pattern. This is because you are unlikely to have a consistent monthly income, and may take several long breaks or...
by ClearwaysAccountants | Oct 20, 2015 | Pension planning, Tax Tips
Beware if anyone approaches you offering to help you release the cash in your pension! Intelligence gleaned from interviews with fraudsters, currently serving time, show that they are rubbing their hands in glee at the opportunities the new pension freedoms provide...
by ClearwaysAccountants | Oct 14, 2015 | Contractor, Freelancer, Personal tax, Self Employment, Small business advice
Could court fees stop you receiving tax justice? Any taxpayer who disputes a ruling from HMRC can appeal the decision to a tribunal. The tribunal system is independent of HMRC and both HMRC and the taxpayer have argued and won cases at the tribunal. The...
