by ClearwaysAccountants | Dec 29, 2013 | Contractor, Freelancer, IR35, Self Employment
The three key requirements in a contract that will fall outside IR35 are: a good substitution clause, see our earlier blog a lack of control, see examples; and finally a lack of “mutuality of obligations” What is mutuality of obligations? If you are an...
by ClearwaysAccountants | Oct 15, 2013 | Contractor, IR35
The substitution clause is the most easily understood of the three key criteria that will determine whether your limited company contract is caught by IR35 or not. What are the key questions to ask when you read the contract? Is there a right to send a substitute? Is...
by ClearwaysAccountants | Aug 13, 2013 | A-Z of tax and accounting terms, Contractor, Freelancer, Self Employment, Small business advice
Income, Income Tax and IR35 Income Income includes all your employment earnings, dividend, interest, property rental and business profits. All of this income is subject to tax if you are resident in the UK. Different rules will apply if you are not resident in the...
by ClearwaysAccountants | Jun 17, 2013 | Business tax, Contractor, Freelancer, IR35
What are the changes to IR35 legislation for directors and office holders from 6 April 2013? An office holder in company law means either a director or company secretary. Under tax legislation earnings from an office are taxed as employment income and are generally...
by ClearwaysAccountants | Jun 7, 2013 | Client case studies, Contractor, Freelancer, IR35, Self Employment, Tax planning, Tax Tips
A potential client (lets call him Andy) had found Clearways Accountants through the Professional Contractors Group accredited accountants scheme. Andy wanted an accountant with start-up knowledge and experience in IR35. He was concerned over the tax he was paying...
