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 | Jul 15, 2013 | Business tax, Client case studies, Contractor, Self Employment, Tax planning, Tax Tips
Gordon contacted Clearways Accountants when he realised that he should no longer trade as a self-employed IT provider. His company had already been formed and he was happy to do the bookkeeping, complete the VAT Returns and run his payroll himself. Initially Gordon...
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 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 28, 2013 | Business tax, Client case studies, Self Employment, Small business advice, Tax planning, Tax Tips
A number of people have asked how we help with a business start-up so I thought it would be best to illustrate with a client case study. Neill was interested in setting up his own business, he wanted to work for himself and he had seen a furniture range that he liked...