by ClearwaysAccountants | Nov 2, 2016 | Freelancer, Self Employment, Setting up a Business, Small business advice
We regularly get asked what you need to consider when thinking about setting up in business on your own. If you decide to set up in business on your own the simplest way to start is to be self-employed. This means you are in business as yourself. All you have to do is...
by ClearwaysAccountants | Jul 20, 2016 | Client case studies, Self Employment, Small business advice, Tax planning, VAT
Kemp Marketing Limited have been a client of Clearways Accountants for a few years now. Kemp Marketing, through their director/shareholder provide marketing strategy and assistance to smaller sized business who are not large enough to have an internal resource but...
by ClearwaysAccountants | Jul 7, 2016 | Contractor, Freelancer, Pay, Expenses & Benefits, Self Employment, Small business advice
Out with the old When employees expenses are re-imbursed, even when they are business expenses they should be disclosed on the annual P11D. This didn’t apply for mileage at the 45p (or 25p rate). To avoid this paperwork companies could apply for a dispensation...
by ClearwaysAccountants | May 25, 2016 | Contractor, Freelancer, Pay, Expenses & Benefits, Personal tax, Self Employment, Tax Tips
Many people working in the TV and radio sector work as self-employed, employed but more often now as contractors through their own Limited company. Lorimer Letters TV or radio workers can find work as a mix of self-employed and employment. In the main HMRC will...
by ClearwaysAccountants | Apr 13, 2016 | Business tax, Contractor, Freelancer, Self Employment, Small business advice, Tax Tips
Should you take the plunge and become a Limited company, or just stick with self-employment? If you are freelancing and you are going to work for a number of clients, like the business that helps me with my marketing (see the link to a recent guest blog by Orchard...
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...