by ClearwaysAccountants | Sep 12, 2013 | Personal tax, Tax Tips
At Clearways Accountants we are often asked by employed clients to check their PAYE Notice of Coding as they do not understand what it is telling them. Your PAYE Notice of Coding tells you your tax code. Your tax code tells you how much tax free income you will...
by ClearwaysAccountants | Mar 7, 2013 | Contractor, Freelancer, Pay, Expenses & Benefits, Personal tax, Self Employment, Small business advice
Cars provided by employers to their employees are taxable benefits-in-kind. This is true whether you are an employee of a FTSE100 company or a director/employee of your own single person limited company. A reminder – how is the company car benefit calculated?...
by ClearwaysAccountants | Jan 24, 2013 | Contractor, Freelancer, Personal tax, Self Employment, Small business advice, Tax Tips
Don’t forget your income tax is due by 31 January 2013! This is regardless of whether you send your tax return in on paper before 31 October 2012 or whether you have (or will) submit your tax return electronicaly by 31 January 2013. Even if you fail to send...
by ClearwaysAccountants | Aug 8, 2012 | Self Employment, Small business advice, Tax Calculators, Tax Tips
[This information has been updated for the 2013-14 tax year] When you start self-employment, you do not get your first tax bill for a while, so you need to think about how much tax money you will need to set aside. The table below can help you to do this so you...
