by ClearwaysAccountants | Jul 9, 2013 | Pension planning
“Liberate your pension”? Be warned! According to The Times newspaper a growing number of people are being conned out of their pension pots by unscrupulous financial advisers (The Times – 25 June 2013) More and more workers under 55 are being...
by ClearwaysAccountants | Jun 25, 2013 | Business tax, Contractor, Freelancer, Self Employment, Tax Tips
What is the 24 month rule? The 24 month rule states that the cost of travel from your home (being your permanent place of residence) to your contract client address (your temporary workplace) is only allowable as a tax deductible expense for as long as you believe...
by ClearwaysAccountants | Jun 20, 2013 | Pension planning, Tax planning, Tax Tips
At Clearways Accountants we have had a couple of enquiries about pensions recently. We set out some figures and examples on the new pension regime in our blog on pensions last year. This blog considers your options. Some definitions are given at the bottom of the...
by ClearwaysAccountants | Jun 17, 2013 | Business tax, Contractor, Freelancer, IR35
What are the changes to IR35 legislation for directors and office holders from 6 April 2013? An office holder in company law means either a director or company secretary. Under tax legislation earnings from an office are taxed as employment income and are generally...
by ClearwaysAccountants | Jun 7, 2013 | Client case studies, Contractor, Freelancer, IR35, Self Employment, Tax planning, Tax Tips
A potential client (lets call him Andy) had found Clearways Accountants through the Professional Contractors Group accredited accountants scheme. Andy wanted an accountant with start-up knowledge and experience in IR35. He was concerned over the tax he was paying...
