by ClearwaysAccountants | Dec 17, 2014 | Budgets and Autumn statements, Business tax, Capital taxes, Freelancer, Self Employment, Small business advice, Tax planning
Changes on the rules when you transfer your freelance business to a company To date, a freelancer carrying out a trade could transfer his or her business to a Limited company. The business built up over the previous few years could be valued, not only are the...
by ClearwaysAccountants | Aug 9, 2013 | A-Z of tax and accounting terms, Contractor, Freelancer, Self Employment, Small business advice
GAAP, Goodwill and Gifts GAAP An acronym standing for Generally Accepted Accounting Practice. Accounts (see A is for…) must be prepared under acceptable accounting standards, HM Revenue & Customs require that your company or your self-employed accounts are...
by ClearwaysAccountants | Jul 15, 2013 | Business tax, Client case studies, Contractor, Self Employment, Tax planning, Tax Tips
Gordon contacted Clearways Accountants when he realised that he should no longer trade as a self-employed IT provider. His company had already been formed and he was happy to do the bookkeeping, complete the VAT Returns and run his payroll himself. Initially Gordon...