Illegal dividends – what they are and how to avoid them

Dividends are usually a great, tax efficient way of withdrawing money from a company by the owners.  A company can declare a dividend if it has sufficient profits available within the business. However, there are […]

UK Dividend tax rates and thresholds for 2018/19

As the end of the current financial tax year is fast approaching, it’s a good idea to think about whether you have fully maximised the amount you can withdraw from the company tax free and […]

Flat Rate VAT UK

Flat Rate VAT changes explained

For some contractors and freelancers, the Flat Rate VAT scheme is a no-brainer. The scheme allows them to reduce tax costs they otherwise could not have reclaimed via standard VAT, and it considerably simplifies bookkeeping. Hence, saving […]

Christmas opening times at Clever Accounts

Clever Accounts – Christmas Opening times

With Christmas a couple of weeks away and office parties in full spirit, we thought it’s a good time to let you know our opening hours during the festive period. December 2018 Monday 24th – 08.30 […]

Christmas – Tax Benefits and Expenses

With Christmas just around the corner, it is worth considering what expenses you can claim through your limited company. The “Annual Party” As a director of a limited company, you are exempt from paying tax […]

Off-payroll IR35 changes

Off-payroll IR35 reforms to the private sector – not all bad!

The IR35 reform and the implications on UK’ private sector contractors So, 18 months after the public sector IR35 reforms came into effect, it seems as though we have a date, though not quite all […]

Off-payroll changes to IR35 to the private sector

Budget 2018: The headlines

The Budget 2018 was released yesterday, and it seems it was a hugely anticipated budget for many reasons – Brexit and IR35 to name a few.  Here are some of the main changes discussed in […]

Change to the company car scheme could help electric cars!

Looking to change your car soon? Maybe wait until 2020!

Low-Emission Company Car Vehicles Benefits – April 2020 From April 2020, the company car benefit system will be changing significantly and as a result, zero and low emission vehicles might become very attractive. The changes […]