by ClearwaysAccountants | Mar 7, 2018 | Landlords, Pay, Expenses & Benefits, Tax planning, Tax Tips
Taxation of rental property income From 6 April 2017 mortgage interest is no longer fully deductible as an expense against property income. Gradually over the next four years the amount of interest deducted against income is reducing and instead relief is obtained at...
by ClearwaysAccountants | Jan 10, 2018 | Contractor, Pay, Expenses & Benefits, Tax Tips, VAT
When you incur VAT on European business expenses you cannot reclaim the VAT through your UK VAT return. So what can you do? If you meet the requirements you may be to reclaim the EU VAT through the UK VAT portal. Those conditions are: You must be VAT registered in the...
by ClearwaysAccountants | Dec 28, 2017 | Contractor, Self Employment
A guest blog by CMME As we enter the final month of 2017, we take a look at what the new year could bring for contractors and the self-employed. With a number of important changes scheduled to take place, we examine five things you really should start thinking about...
by ClearwaysAccountants | Dec 13, 2017 | Contractor, Pension planning
Beware pension crooks! According to recent reports, MP’s are to look into the effects of the pension freedoms introduced two years ago by George Osbourne. The new pension freedoms allowed you to cash in your pension pot once you reached the age of 55....
by ClearwaysAccountants | Dec 2, 2017 | Contractor, Setting up a Business, Small business advice
A guest blog by marketing consultant Sarah Orchard – Orchard Marketing Associates One of the most fundamental things you can do when starting a small business or planning to grow your existing business is knowing who your ideal customers are and being as focused...
