by ClearwaysAccountants | Nov 11, 2014 | Contractor, Freelancer, Pay, Expenses & Benefits, Small business advice, Tax Tips
Business Gifts to Customers or Clients The costs of providing a gift carrying a conspicuous advertisement for your company or business, and which is not food, drink or tobacco, or a token exchangeable for goods, and which costs no more than £50 in total in your...
by ClearwaysAccountants | Oct 28, 2014 | Contractor, Freelancer, Self Employment, Small business advice, Tax Tips
Can you hold a Christmas party (or any other party for that matter!) as a single person Limited company? You can have as many parties as you like PROVIDING the cost of the events do not add up to more than £150. This means you could have a number of big lunches, as...
by ClearwaysAccountants | Oct 22, 2014 | Contractor, Self Employment
How do you choose your contractor accountant? You should look for an accountant who is qualified with one of the recognised accountancy bodies, such as: ICAEW (Institute of Chartered Accountants in England and Wales); ICAS (Institute of Chartered Accountants in...
by ClearwaysAccountants | Oct 15, 2014 | Contractor, Self Employment
A contractor loan scheme is a tax avoidance arrangement where non-UK employers have paid you untaxed income or given you a loan instead of part of your salary. If you’ve taken part in a contractor loan scheme you may still have to pay Income Tax on the loan....
by ClearwaysAccountants | Oct 7, 2014 | Contractor
Are you buying a house? Are you a contractor? In which case you will find the information provided by our linked mortgage provider CMME helpful. Avoiding the ‘Unaffordable Mortgage Trap’ as a Contractor October 2014 will see the latest round of new...