Originally posted by AZZIK
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Own LTD company
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Carpe Pactum
(does fuzzy logic tickle?) -
this is all bulltulip.
even if you go through an umbrella or mananged company you are allowed to claim a standard daily subsistence rate without proof of receipts.Comment
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Originally posted by el duderthis is all bulltulip.
even if you go through an umbrella or mananged company you are allowed to claim a standard daily subsistence rate without proof of receipts.Carpe Pactum
(does fuzzy logic tickle?)Comment
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Originally posted by To BI or not to BI?or I think it may be ~£338k,Si posse, recte, si non, quocumque modo remComment
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Originally posted by AZZIKThanks to everyone that has replied you have been a great help.
I think I won't claim for petrol and food subsitance if it can land me in trouble.
It is nice to be able to ask experianced people for help and advice on this forum when needed.
By sounds of it it seems as a contractor you can end up with a similar salary as if you were permanant with an agency for example I have just found out from giant that I am supposed to be putting 80 pound a side a week for self assessment that I will have to pay because of my dividend. I don't understand this because I thought mananged companies dealt with all the tax, NI etc that your supposed to pay to inland Revenue.
I don't have any income coming in except this contract but no expenses and putting money aside leaves me with 67% of my salary so am I better off working permanant where I will get holidays and benefits.
My current contract falls outside IR35.
AlanComment
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Originally posted by BearI wish!!
Thanks Bear for pointing that outCarpe Pactum
(does fuzzy logic tickle?)Comment
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Comment
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Originally posted by To BI or not to BI?Only if you stay overnight (£5 per day if in the UK or £10 per day if you are abroad). Any other "unreceipted" subsistence claim may be contested by Hector
I have always claimed daily subs through an umbrella at a standard rate without proof of receipts.Comment
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Originally posted by el duderSorry, but this is wrong. Do you have proof of this?
I have always claimed daily subs through an umbrella at a standard rate without proof of receipts.
and
http://forums.contractoruk.com/thread12666.htmlCarpe Pactum
(does fuzzy logic tickle?)Comment
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Originally posted by el duderSorry, but this is wrong. Do you have proof of this?
I have always claimed daily subs through an umbrella at a standard rate without proof of receipts.
to BI or not to BI? el duder is winding you up
IMHO I'd forget about the subsistence claims unless you're working away on an overnight stop.-------------
CactusComment
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