by ClearwaysAccountants | Jun 8, 2014 | Freelancer, Self Employment, Small business advice
Are you working as self-employed through an agency? The Government dislikes self-employment generally as anyone who is self-employed can claim business and household expenses against income but they have decided that obtaining work through an agency is not...
by ClearwaysAccountants | May 1, 2014 | Contractor, Freelancer, IR35, Self Employment, Small business advice
Plumbers, IT contractors and senior interim managers all use service companies, but what does this mean for the collection of UK tax? The House of Lords has published its report on Personal Service Companies. Unsurprisingly, the report finds that the employed/self...
by ClearwaysAccountants | Apr 17, 2014 | Contractor, Freelancer, Self Employment, Small business advice, Tax Calculators
Our tax calculator for 2014-15 has been updated and is now live on our calculators page. Click on tax calculator2014-15 if you want to see how much tax you will pay trading as self-employed or through a limited company. To take a look at all our calculators, go the...
by ClearwaysAccountants | Apr 10, 2014 | Business tax, Contractor, Freelancer, Pay, Expenses & Benefits, Self Employment, Small business advice, Tax Tips
The taxable benefits are very high for the private use of a company car; and the benefit charge keeps going up even though the car loses value. For example A car with a list price of £25,000 and CO2 emissions of 175g/km creates a taxable benefit of £5,750 (23% of...
by ClearwaysAccountants | Mar 26, 2014 | Contractor, Freelancer, Small business advice
The nitty, gritty. Preparing the numbers The heart of a business plan will be the financial analysis. Even if you are not an accountant you can prepare the financial analysis providing you can use Excel and are methodical. Before thinking about the numbers you need...
by ClearwaysAccountants | Mar 17, 2014 | Contractor, Freelancer, Self Employment, Small business advice, Tax planning
As a freelancer starting out in business on your own, you may have felt unsure about the potential success of your new business venture… You may well have started out as self-employed – it is easy to register with HM Revenue & Customs and then you are...
