by ClearwaysAccountants | Jul 19, 2013 | Contractor, Freelancer, Self Employment, Small business advice
Are headhunters and recruitment agencies holding you back? Blinkered recruitment agencies and headhunters are holding back talent in business according to the CEO of Thomas Cook (as reported in The Times). Harriet Green talking at a Fortune Event stated that...
by ClearwaysAccountants | Jun 25, 2013 | Business tax, Contractor, Freelancer, Self Employment, Tax Tips
What is the 24 month rule? The 24 month rule states that the cost of travel from your home (being your permanent place of residence) to your contract client address (your temporary workplace) is only allowable as a tax deductible expense for as long as you believe...
by ClearwaysAccountants | Jun 17, 2013 | Business tax, Contractor, Freelancer, IR35
What are the changes to IR35 legislation for directors and office holders from 6 April 2013? An office holder in company law means either a director or company secretary. Under tax legislation earnings from an office are taxed as employment income and are generally...
by ClearwaysAccountants | Jun 7, 2013 | Client case studies, Contractor, Freelancer, IR35, Self Employment, Tax planning, Tax Tips
A potential client (lets call him Andy) had found Clearways Accountants through the Professional Contractors Group accredited accountants scheme. Andy wanted an accountant with start-up knowledge and experience in IR35. He was concerned over the tax he was paying...
by ClearwaysAccountants | May 31, 2013 | Business tax, Contractor, Freelancer, Self Employment, Small business advice, Tax planning, Tax Tips
The cost of buying a garden office and fitting it out is expensive and can be a major outlay for a smaller business. A garden office is treated for accounts and tax as a capital asset (and not as a business expense). Capital assets purchased for your business,...
by ClearwaysAccountants | May 23, 2013 | Business tax, Contractor, Freelancer, Self Employment, Small business advice, Tax Tips
If your business has outgrown the spare room and you are looking to expand then one of your options is setting up an office in your garden. There will be another blog to follow this one, that will cover the business tax position. What about VAT? If your company or...
