by ClearwaysAccountants | Apr 12, 2017 | Business tax, Contractor, Self Employment, Small business advice
For the smaller business there have been a lot of changes over the last few years in how business profits are taxed. In particular for small limited companies as the dividend tax credit has gone and been replaced by a dividend tax. What are the changes coming up? From...
by ClearwaysAccountants | Nov 16, 2016 | Business tax, Contractor, Setting up a Business, Small business advice, Tax Tips
When setting up a business you have several options on what trading structure you use. See our blog on being a sole trader. Here we look at setting up a limited company and what you need to consider. Another option apart from setting up as self employed (as a sole...
by ClearwaysAccountants | Sep 21, 2016 | Business tax, Contractor, Pay, Expenses & Benefits, Personal tax, Tax Tips
When is dividend tax payable? All contractors should now be aware of the tax that will be payable on dividends. The new tax regime commenced on 6 April 2016 and dividends falling outside the dividend allowance will now be taxed at 7.5%, 32.5% and 38.1% depending on...
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 | 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...
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...
