by ClearwaysAccountants | Sep 20, 2017 | Contractor, Pension planning, Tax planning
If you work through your own limited company, you can claim tax relief through pension contributions and build your own personal pension. There are two ways of making contributions to your pension fund: personal and company pension contributions. Personal pension...
by ClearwaysAccountants | May 31, 2013 | Business tax, Contractor, Freelancer, Self Employment, Small business advice, Tax planning, Tax Tips
The cost of buying a garden office and fitting it out is expensive and can be a major outlay for a smaller business. A garden office is treated for accounts and tax as a capital asset (and not as a business expense). Capital assets purchased for your business,...
by ClearwaysAccountants | Dec 24, 2012 | Business tax, Contractor, Freelancer, Self Employment, Small business advice, Tax planning, Tax Tips
Reducing your tax payment Once you have included all your income on your tax return you can turn to the payments that you have made that can be deducted against tax. Pension payments Payments made by you personally to your pension plan is deductible against tax. The...
