by ClearwaysAccountants | Jul 17, 2014 | Pension planning, Personal tax, Self Employment, Small business advice, Tax planning
So many choices, what to do? Part one covered the less conventional ways of saving for retirement following the changes announced in the budget in March (2014). The options covered in part one were: Do nothing Do nothing formal, just invest privately Rely on your...
by ClearwaysAccountants | Jul 11, 2014 | Pension planning, Personal tax, Self Employment, Small business advice, Tax Tips
So many choices, what to do? With the changes announced in the budget in March (2014) suddenly pension planning has hit the headlines. When you have your own limited company there are many alternatives available for pension planning. The options are: Do nothing Do...
by ClearwaysAccountants | Jun 29, 2014 | Pension planning, Personal tax, Tax planning
Have you been unsure about taking out a pension? The Government has announced some large changes to the pensions industry. Those of you that follow my blog will remember the post on pensions posted last year, in it I explained that saving through an organised scheme...
by ClearwaysAccountants | Feb 3, 2014 | Capital taxes, Personal tax, Self Employment, Small business advice, Tax planning, Tax Tips
Who wants to pay tax? Well no one if it can be legally avoided! So what steps can you take before 5 April 2014 to reduce your capital gains tax bill? Use the annual exemption This may sound obvious but if you can select a few investments to sell that just use up your...
by ClearwaysAccountants | Sep 12, 2013 | Personal tax, Tax Tips
At Clearways Accountants we are often asked by employed clients to check their PAYE Notice of Coding as they do not understand what it is telling them. Your PAYE Notice of Coding tells you your tax code. Your tax code tells you how much tax free income you will...
by ClearwaysAccountants | Mar 7, 2013 | Contractor, Freelancer, Pay, Expenses & Benefits, Personal tax, Self Employment, Small business advice
Cars provided by employers to their employees are taxable benefits-in-kind. This is true whether you are an employee of a FTSE100 company or a director/employee of your own single person limited company. A reminder – how is the company car benefit calculated?...
