Quote:
Originally Posted by protobyte
Please excuse the ignorance of this question because I am very new to contracting myself...
When Ravello says that expenses can be "recharged via the umbrella as expenses", does this mean that the money spent is repaid to you via the umbrella co?
Or does it simply mean that you won't have to pay tax on this expenditure?
I'm a little confused!
|
The latter, unless the client is paying for expenses, in which case your umbrella will invoice the client for them on your behalf and then pay them to you.