by ClearwaysAccountants | Jul 23, 2012 | Business tax, Contractor, IR35, Tax Tips
HMRC have published guidance for contractors and freelancers to use to assess whether they are at a high, medium or low risk of HMRC checking their IR35 status – the guidance is NOT intended to indicate whether a contract falls within the IR35 rules. HMRC now...
by ClearwaysAccountants | Jun 13, 2012 | Business tax, Contractor, Self Employment, Setting up a Business
Are you tempted by working for yourself? Has it been thrust upon you by cutbacks made by your employer in the recession? Here is some general advice for those about to start-up in business as a contractor or freelancer. Be prepared Use the time when you are setting...
by ClearwaysAccountants | Apr 11, 2012 | Business tax, Contractor, Setting up a Business, Small business advice, Tax Tips
What is your tax status? Employee or self-employed? This matters if you are a sole trader or if you operate through your own company. Freelancers or contractors working as self-employed sole traders can deduct business expenses from income; this reduces their tax...
