by ClearwaysAccountants | Feb 5, 2015 | Business tax, Contractor, Freelancer
Dispatches programme shines a spotlight on umbrella companies The Construction union UCATT welcomed the Dispatches programme aired on Monday 19th January, titled “Low Pay Britain” which placed fresh scrutiny on the working of umbrella companies. Dispatches...
by ClearwaysAccountants | Dec 17, 2014 | Budgets and Autumn statements, Business tax, Capital taxes, Freelancer, Self Employment, Small business advice, Tax planning
Changes on the rules when you transfer your freelance business to a company To date, a freelancer carrying out a trade could transfer his or her business to a Limited company. The business built up over the previous few years could be valued, not only are the...
by ClearwaysAccountants | Dec 7, 2014 | Contractor, Freelancer, Self Employment, Tax Tips
Nurses – should your extra days be worked through your own limited company? At Clearways Accountants we have been contacted by a nurse working through an agency for one or two days a week (five days a month) asking whether he should work through a limited...
by ClearwaysAccountants | Nov 30, 2014 | Contractor, Freelancer, IR35
HMRC produced the Business Entity Tests and a series of questions for contractors to use with the idea of giving contractors a good idea of whether IR35 applied to their business. But there were serious problems with the tests… The Business Entity Tests were...
by ClearwaysAccountants | Nov 23, 2014 | Contractor, Freelancer, Pay, Expenses & Benefits, Self Employment, Small business advice, Tax Tips
When a company incurs entertaining expenditure – what are the tax rules? Most people understand that client and customer entertaining is not allowed as a business deduction, but what about related expenditure such as travel, and what about staff entertaining?...
by ClearwaysAccountants | Nov 11, 2014 | Contractor, Freelancer, Pay, Expenses & Benefits, Small business advice, Tax Tips
Business Gifts to Customers or Clients The costs of providing a gift carrying a conspicuous advertisement for your company or business, and which is not food, drink or tobacco, or a token exchangeable for goods, and which costs no more than £50 in total in your...
