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 | May 11, 2013 | Contractor, Self Employment, Tax Tips
Have you been made redundant recently? Are you over 50 and struggling to get interviews? It can be really difficult when you have been made redundant to find work when you are over 50. Employers want experience and skills but don’t want to feel you will walk...
by ClearwaysAccountants | Nov 13, 2012 | Contractor, IR35, Self Employment, Setting up a Business, Tax planning
It can seem daunting when you make the change from being a permanent employee to a contractor… All the tasks that were completed by the HR Department are now left to you, so here are some simple ideas to get you started. Don’t worry! You may be new to...
by ClearwaysAccountants | Nov 2, 2012 | Contractor, Self Employment, Setting up a Business, Tax planning, Tax Tips
This is a common contractor question and the answer is… “It depends”! Setting up your own limited company is easy, just an hour on the Companies House website will be enough, and within a couple of days your new company will be registered and ready...
by ClearwaysAccountants | Sep 10, 2012 | Business tax, Contractor, Self Employment, Setting up a Business, Small business advice, Tax Tips
If you decide to set up in business on your own as a contractor or freelancer you have to choose between trading as a limited company (being incorporated) or being self-employed (a sole trader). If you started your business as self-employed and your business has grown...
