by ClearwaysAccountants | Jun 28, 2018 | Business tax, Contractor, Personal tax, Tax Tips
With changes in the personal allowance, basic rate band, NI threshold and dividend allowance, it is easy to lose track of whether a director working in their own service company would be better paying a larger salary compared to small salary and dividend. Let’s...
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...
by ClearwaysAccountants | Aug 6, 2013 | A-Z of tax and accounting terms, Contractor, Freelancer, Self Employment, Small business advice
Depreciation, Dispensation and Dividends Depreciation When you purchase a capital asset, (see yesterday’s post on capital allowances for an overview on capital costs versus expenses,) your accountant will reduce the value of the asset from the original purchase...
