by ClearwaysAccountants | Nov 23, 2016 | Budgets and Autumn statements
A new Chancellor but is there a new direction for tax? Chancellor Philip Hammond made his first speech as Chancellor today and Clearways Accountants were watching the TV to see if there were any significant changes in tax or National Insurance that our contractor and...
by ClearwaysAccountants | Oct 19, 2016 | Budgets and Autumn statements, Small business advice
Lies, damned lies and statistics! The newspapers, television and online sites report Government statistics and discuss what they mean for the economy, for jobs, and for prosperity. But should we be so sure in the numbers themselves? The vast majority of official...
by ClearwaysAccountants | Nov 25, 2015 | Budgets and Autumn statements, Business tax, Contractor, Freelancer, Self Employment, Small business advice
A generally upbeat speech by the Chancellor… See our separate blogs on travel and subsistence expenses and buy-to-let changes. The economy is growing and this is good news for all businesses but particularly small businesses and start-ups. There are many...
by ClearwaysAccountants | Nov 25, 2015 | Budgets and Autumn statements, Contractor, Freelancer, IR35, Pay, Expenses & Benefits, Tax Tips
The Chancellor has listened! In the Summer Budget the Chancellor announced a review of the deduction for tax of travel and subsistence for employees working at temporary workplaces. If the Chancellor had gone ahead and stopped this expense being deductible for tax...
by ClearwaysAccountants | Nov 25, 2015 | Budgets and Autumn statements, Capital taxes, Landlords, Tax Tips
The Chancellor is hitting buy-to-lets and those who are thinking of purchasing a buy-to-let hard… In the Summer Budget he announced reductions in the amount of mortgage interest payments that can be deducted against your rental income. This plan remains...
by ClearwaysAccountants | Sep 20, 2015 | Budgets and Autumn statements, Contractor, Freelancer, Self Employment, Small business advice
The new government has only been in office a matter of months and already it has delivered a blow to small businesses and entrepreneurs. During the election all parties but the Conservatives in particular praised the freelancer and consultancy community for providing...
