by ClearwaysAccountants | Jun 13, 2012 | Business tax, Contractor, Self Employment, Setting up a Business
Are you tempted by working for yourself? Has it been thrust upon you by cutbacks made by your employer in the recession? Here is some general advice for those about to start-up in business as a contractor or freelancer. Be prepared Use the time when you are setting...
by ClearwaysAccountants | Jun 6, 2012 | Business tax, Small business advice
Employing staff is a big step for any business. As an employer you are responsible for: ensuring all staff receive the national minimum wage. They key exceptions are family members living in the same household and directors with no employment contract; deducting...
by ClearwaysAccountants | May 16, 2012 | Business tax, Contractor, Pay, Expenses & Benefits, Tax Calculators
The budget included proposals on company cars for the next few years, up until April 2017. This information has been input into our Car calculator 2012-13 spreadsheet. This spreadsheet calculates the tax effect of a director and owner of a Limited company purchasing...
by ClearwaysAccountants | May 3, 2012 | Business tax, Contractor, Small business advice, Tax Tips
New simple record keeping apps have been developed with help from HM Revenue and Customs. Per HMRC’s website…. To help small businesses with record keeping on the go commercial software companies have worked with HMRC to produce some simple record keeping...
by ClearwaysAccountants | Apr 23, 2012 | Business tax, Contractor, Pay, Expenses & Benefits, Small business advice, Tax Tips
93% of companies would fail an employee mileage claim audit by HMRC based on figures by TMC, a consultancy firm, could you be the next? Conventional excel spreadsheets and lack of time mean that employee mileage claims are not checked and therefore these expenses are...