Contractor UK Bulletin Board - View Single Post - Should I trade as a Limited Company, umbrella or composite

MPwannadecentincome · 21st August 2008, 16:25

I think I'm seeing the limitations of working for an umbrella and I've only been contracting a few weeks.

1) Parasol will not allow interview travel costs to be expensed - I'm sure this is a legitimate business expense after all what do sales people do all day?

2) If I take a contract working from home I cannot claim for anything other than itemised phone calls. I'm sure as a Ltd company I could expense a small amount per week, used to be around £18 per week a few years ago I think.

I've yet to discover other limitation....

21st August 2008, 16:25	#150
MPwannadecentincome Lurker not a fighter Join Date: Aug 2008 Posts: 92	I think I'm seeing the limitations of working for an umbrella and I've only been contracting a few weeks. 1) Parasol will not allow interview travel costs to be expensed - I'm sure this is a legitimate business expense after all what do sales people do all day? 2) If I take a contract working from home I cannot claim for anything other than itemised phone calls. I'm sure as a Ltd company I could expense a small amount per week, used to be around £18 per week a few years ago I think. I've yet to discover other limitation....