by ClearwaysAccountants | Feb 18, 2014 | Client case studies, Small business advice
The Secret Dress House Bridal is a new wedding dress shop in Reigate, selling and fitting beautiful wedding gowns to brides-to-be with all their accessories. Clearways Accountants were asked to complete all the tax and accounting for this new business. VAT Obtaining a...
by ClearwaysAccountants | Feb 10, 2014 | Contractor, Freelancer, Pension planning, Self Employment, Small business advice
What is auto-enrolment? Auto-enrolment is a new obligation imposed on employers by the Goverment to help employees save for their retirement. Which employees qualify for auto-enrolment? Employees must: Earn above the earnings threshold £9,440 (2013-14 personal...
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 | Jan 23, 2014 | Contractor, Freelancer, Self Employment, Small business advice, Tax Tips
From 6 April 2014 employers can offset up to £2,000 per income tax year (6 April 2014 to 5 April 2015) of employer’s national insurance. I’m a single person contractor company, will I qualify? In short, yes. Almost all employers will qualify, the...
by ClearwaysAccountants | Jan 15, 2014 | Small business advice
Do you need to accept debit or credit cards from your customers? If you do, you probably find that standard monthly charges for card readers are high, this is especially so if your business is seasonal. If you sell, Christmas trees or fireworks, for example, you only...
by ClearwaysAccountants | Nov 29, 2013 | Client case studies, Contractor, Freelancer, IR35, Small business advice, Tax Tips
A contractor based in Charlwood was an employee one day and almost the following day he had succeeded in obtaining a contract. A different organisation but all in website design and development. Stuart called Clearways Accountants on a Friday with just a week to form...