by ClearwaysAccountants | May 11, 2016 | Client case studies, Contractor, Freelancer, IR35, Pay, Expenses & Benefits, Small business advice
Every business sector can work through a Limited company At Clearways Accountants, we work for a number of HR professionals working through their own Limited company, one of which is Mitchell Palmer Limited. Their web site is here. The company had already been set up...
by ClearwaysAccountants | Mar 15, 2016 | Contractor, Freelancer, Pay, Expenses & Benefits, Self Employment, Small business advice
Claiming meal allowances has been brought into the twenty-first century. As part of the tax simplification of employer benefits and expenses a new meal allowance will be introduced from 6 April 2016. The new system will replace the current system of entering the...
by ClearwaysAccountants | Mar 2, 2016 | Client case studies, Contractor, Pay, Expenses & Benefits, Small business advice
Can you claim statutory maternity pay as a contractor? If you are a contractor working through your own Limited company you are entitled to standard employee benefits and therefore you should be entitled to statutory maternity pay (SMP). How have Clearways Accountants...
by ClearwaysAccountants | Feb 23, 2016 | Contractor, Freelancer, Pay, Expenses & Benefits, Personal tax, Self Employment, Small business advice, Tax planning, Tax Tips
The new dividend tax rules will come into force on 6th April 2016, so you need to think about planning your current year dividends now, if you haven’t already decided on a strategy. What are the new dividend tax rules? The notional tax credit that has been...
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 | Mar 12, 2015 | Business tax, Pay, Expenses & Benefits, Small business advice, Tax Tips
HMRC is clamping down on taxpayers it suspects are dishonestly claiming horseboxes, some worth hundreds of thousands of pounds, as company expenses. Lorries can escape the benefit-in-kind legislation as being neither a van nor a car and therefore the vehicle can be...