by ClearwaysAccountants | Jan 9, 2013 | Contractor, IR35, Tax planning, Tax Tips
If you have been contracting for a while using an umbrella company and you have decided that you like the lifestyle and the challenge that contracting gives you, then it will be more beneficial to operate through your own limited company. We have a number of clients...
by ClearwaysAccountants | Jan 2, 2013 | Business tax, Contractor, Freelancer, Personal tax, Self Employment, Small business advice, Tax planning, Tax Tips
All your information has been collected so lets get online! At this point you should be registered with HMRC and have received your online login ID and password. You have gathered together your income and allowable expenses – steps 1, 2 and 3 of this blog...
by ClearwaysAccountants | Dec 24, 2012 | Business tax, Contractor, Freelancer, Self Employment, Small business advice, Tax planning, Tax Tips
Reducing your tax payment Once you have included all your income on your tax return you can turn to the payments that you have made that can be deducted against tax. Pension payments Payments made by you personally to your pension plan is deductible against tax. The...
by ClearwaysAccountants | Dec 17, 2012 | Business tax, Contractor, Freelancer, Personal tax, Self Employment, Small business advice, Tax planning, Tax Tips
You still have time to complete your self assessment tax return by the 31 January 2013 but there is work to be done! You will need to declare all your income on your tax return. Here is a list of the most common sources of income: Self-employed profits You will need...
by ClearwaysAccountants | Dec 11, 2012 | Business tax, Contractor, Freelancer, Personal tax, Self Employment, Small business advice, Tax Tips
Is your panic rising with the 31st January filing deadline rapidly approaching ? Well the first piece of advice is “Don’t panic”! This is the first in a series of blogs that will help you complete your self assessment tax return by the 31 January. Do...
