• Can you claim a suit as a business expense?

    • July 10, 2017
    • Posted by: admin
    • Category: Contractors, Expenses, Uncategorized
    No Comments

    Generally clothing can’t be claimed if it has any resemblance to typical everyday clothing. Clothing that can be claimed includes: Protective clothing, if relevant to the business, such as: Helmets Steel toe cap boots Body armour Protective suits High visual wear Overalls Specialist clothing, if relevant to the business, such as: Performers costumes Uniforms Clothing

    read more

  • NHS make IR35 U-Turn!!

    • June 28, 2017
    • Posted by: admin
    • Category: Contractors, Uncategorized
    No Comments

    IR35 U-turn by NHS NHS Improvement has revised its position on IR35 and will now allow trusts to determine IR35 status on a case-by-case basis, after admitting that its original stance was “not accurate”. From 6th April 2017, public sector contractors providing their services through limited companies can no longer determine the IR35 status of

    read more

  • Self Assessment tax returns

    • May 8, 2017
    • Posted by: admin
    • Category: Uncategorized
    No Comments

    Loading…

    read more

  • Payments on Account: How does it impact the contractor in 2016/17

    • April 10, 2017
    • Posted by: admin
    • Category: Business Growth, Contractors, Expenses, Finance & accounting, Tax
    No Comments

    Payments on account are where the taxpayer pays 50% of the following years personal tax at the same time they settle their current year’s liability (in the case of the 16/17 tax year this payment will be due by 31 January 2018). There is also a second payment on account due by  31 July for

    read more