by ClearwaysAccountants | Jul 22, 2015 | Small business advice
A guest blog by marketing consultant Sarah Orchard – Orchard Marketing Associates I love this quote by presidential speechwriter Ben Stein: “Somewhere, there is a map of how it can be done.” As a marketing consultant I meet so many clients who are desperately...
by ClearwaysAccountants | Mar 20, 2015 | Contractor, Self Employment, Small business advice
;At Clearways Accountants we often calculate the year end dividend for our contractor clients so that they can stay within a threshold. The usual thresholds of income that clients are interested in are: Basic rate – higher rate tax threshold; Clawback of...
by ClearwaysAccountants | Mar 20, 2015 | Business tax, Contractor, Freelancer, Pension planning, Personal tax, Self Employment, Small business advice, Tax planning, Tax Tips
The income tax 2014-15 year end is fast approaching. Make sure you make all the claims and elections you are entitled to before it is too late. Personal tax The final date for 2010/11 claims that that have a four year time limit. These include claims for: personal...
by ClearwaysAccountants | Mar 19, 2015 | Business tax, Capital taxes, Contractor, Freelancer, Personal tax, Self Employment, Small business advice, Tax Calculators
Mr Osborne stated that this Budget, “backs small business owners and the self-employed”. In our view nothing of any significance has changed. The items that caught our eye for our small business clients were: Pension funds (again) The lifetime allowance...
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...
by ClearwaysAccountants | Mar 6, 2015 | Small business advice
The top 10 tips from the Institute of Chartered Accountants are: 1. Prepare a business plan: this helps investors understand your business, aims and goals and therefore investors can assess your proposals and their risks in backing you. 2. Do your research: there...
