by ClearwaysAccountants | Jan 15, 2014 | Small business advice
Do you need to accept debit or credit cards from your customers? If you do, you probably find that standard monthly charges for card readers are high, this is especially so if your business is seasonal. If you sell, Christmas trees or fireworks, for example, you only...
by ClearwaysAccountants | Jan 9, 2014 | Landlords, Tax Tips
Do you own a buy-to-let property? Normally a business will claim capital allowances on any plant and equipment purchased for use in the business. You cannot make a claim for capital allowances if the equipment is for use in a dwelling house i.e. in a buy-to-let...
by ClearwaysAccountants | Dec 29, 2013 | Contractor, Freelancer, IR35, Self Employment
The three key requirements in a contract that will fall outside IR35 are: a good substitution clause, see our earlier blog a lack of control, see examples; and finally a lack of “mutuality of obligations” What is mutuality of obligations? If you are an...
by ClearwaysAccountants | Nov 29, 2013 | Client case studies, Contractor, Freelancer, IR35, Small business advice, Tax Tips
A contractor based in Charlwood was an employee one day and almost the following day he had succeeded in obtaining a contract. A different organisation but all in website design and development. Stuart called Clearways Accountants on a Friday with just a week to form...
by ClearwaysAccountants | Nov 25, 2013 | Contractor, Freelancer, Self Employment, Small business advice
You’ve read the overview and now you are ready to get on and start preparing your business plan. Step One Know yourself – Strengths, Weaknesses, Opportunities and Threats This is infamous but it boils down your situation into the nuts and bolts of your...