by ClearwaysAccountants | Apr 26, 2016 | Tax planning
I think the answer is yes! If I lived in Russia, China, Syria or even Greece I would think very carefully about putting my assets offshore i.e. not in my country of residence. I would be concerned that the government (or lack of government) would commandeer my assets....
by ClearwaysAccountants | Apr 13, 2016 | Business tax, Contractor, Freelancer, Self Employment, Small business advice, Tax Tips
Should you take the plunge and become a Limited company, or just stick with self-employment? If you are freelancing and you are going to work for a number of clients, like the business that helps me with my marketing (see the link to a recent guest blog by Orchard...
by ClearwaysAccountants | Apr 1, 2016 | Tax Calculators, Tax Tips
See how much tax you will pay for 2015-16… We have updated our free tax calculator so you can see how much tax you will pay as a sole trader (self-employed) or by working through your own Limited company. It is also clear how much tax you can save by operating...
by ClearwaysAccountants | Apr 1, 2016 | Tax Calculators, Tax Tips
New dividend rules – new income calculator! The new personal savings allowance and the new dividend allowance have changed the way your Income Tax will be calculated. The tax you pay will depend on the mix of income you receive. Our new self-assessment...
by ClearwaysAccountants | Apr 1, 2016 | Tax Calculators, Tax Tips
How much tax will you pay? Use the Clearways Accountants tax calculators to see how much tax you will pay depending on whether you trade as self-employed, trade through your own Limited company and take no money out, trade through a Limited company and take a small...
by ClearwaysAccountants | Mar 30, 2016 | Contractor, Freelancer, Tax Tips
Are you are a web site designer working for your clients on a contract basis? You may be working to help your clients define their website needs, through all stages of visual design and content development, test launches and delivering the completed website to the...
by ClearwaysAccountants | Mar 15, 2016 | Contractor, Freelancer, Pay, Expenses & Benefits, Self Employment, Small business advice
Claiming meal allowances has been brought into the twenty-first century. As part of the tax simplification of employer benefits and expenses a new meal allowance will be introduced from 6 April 2016. The new system will replace the current system of entering the...
by ClearwaysAccountants | Mar 2, 2016 | Client case studies, Contractor, Pay, Expenses & Benefits, Small business advice
Can you claim statutory maternity pay as a contractor? If you are a contractor working through your own Limited company you are entitled to standard employee benefits and therefore you should be entitled to statutory maternity pay (SMP). How have Clearways Accountants...
by ClearwaysAccountants | Feb 23, 2016 | Contractor, Freelancer, Pay, Expenses & Benefits, Personal tax, Self Employment, Small business advice, Tax planning, Tax Tips
The new dividend tax rules will come into force on 6th April 2016, so you need to think about planning your current year dividends now, if you haven’t already decided on a strategy. What are the new dividend tax rules? The notional tax credit that has been...
by ClearwaysAccountants | Feb 16, 2016 | Business tax, Personal tax, Tax planning
How can Google pay such a small amount of tax? Google have been hitting the headlines for all the wrong reasons over the last few weeks. The question is, “How can such a large organisation pay so little tax in the UK?” PAYE and National Insurance Remember...