by ClearwaysAccountants | Oct 28, 2014 | Contractor, Freelancer, Self Employment, Small business advice, Tax Tips
Can you hold a Christmas party (or any other party for that matter!) as a single person Limited company? You can have as many parties as you like PROVIDING the cost of the events do not add up to more than £150. This means you could have a number of big lunches, as...
by ClearwaysAccountants | Aug 13, 2014 | Contractor, Freelancer, Self Employment, Tax Tips
Have you been asked by your agency to transfer to their umbrella company or set-up your own Limited company? Do you want to know why? In this year’s Finance Act the government changed the legislation for people who are self-employed and working through an...
by ClearwaysAccountants | Jul 28, 2014 | Client case studies, Contractor, Freelancer
Pedro is a qualified architect and works to produce stunning images of new building designs, bringing drawings to life. Initially he started his business as self-employed and completed his tax returns. The business is successful and has grown The business has become...
by ClearwaysAccountants | Jun 8, 2014 | Freelancer, Self Employment, Small business advice
Are you working as self-employed through an agency? The Government dislikes self-employment generally as anyone who is self-employed can claim business and household expenses against income but they have decided that obtaining work through an agency is not...
by ClearwaysAccountants | May 16, 2014 | Contractor, Freelancer, IR35, Self Employment
New rules apply to agencies supplying workers and work as a ‘kind of’ IR35 for the self-employed. HMRC have dubbed these new regulations the “false” self-employment rules. Contractors working through their own limited companies are NOT...
by ClearwaysAccountants | May 1, 2014 | Contractor, Freelancer, IR35, Self Employment, Small business advice
Plumbers, IT contractors and senior interim managers all use service companies, but what does this mean for the collection of UK tax? The House of Lords has published its report on Personal Service Companies. Unsurprisingly, the report finds that the employed/self...
