Originally posted by kaiser78
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
receipts vs credit card/bank statements
Collapse
X
-
-
Originally posted by SandyD View Post2 year rule______________________
Don't get mad...get even...Comment
-
If you ise free agent or similar, the its largely irrelevant. Takes no time to scan on the app and enter the details. I usually do it while im eating the breakfast/lunch/ caviar and chamagne I've just bought.Comment
-
Originally posted by SueEllen View PostProblem with receipts is some are now printed in ink that fades so I have faded receipts in my pile.Comment
-
Have heard different views about subsistence and whether it is wholly and necessary
1. You can't legitimately claim (e.g. for lunch) as even if you weren't on a client site you would still have to eat
2. You can legitimately claim as working on a client site means you don't have access to your usual food source
(or words to that effect)Comment
-
Originally posted by kaiser78 View PostAre you sure ? My accountant(s) has advised in the past the lunch can be claimed as an expense even if not working away from home, within HMRC guidelines of course.Last edited by TheCyclingProgrammer; 25 August 2017, 18:21.Comment
-
Originally posted by ladymuck View PostHave heard different views about subsistence and whether it is wholly and necessary
1. You can't legitimately claim (e.g. for lunch) as even if you weren't on a client site you would still have to eat
2. You can legitimately claim as working on a client site means you don't have access to your usual food source
(or words to that effect)
HMRC guidance backs this up though I'm afraid I can't be bothered to go and find the exact page in the employers information manual.
One possible source for the confusion is that if you're self employed you're a bit more restricted in what you claim as far as subsistence goes.Comment
-
Originally posted by TheCyclingProgrammer View PostYou can reclaim the costs of any subsistence associated with business travel which includes working at a temporary workplace. Whether this is breakfast, lunch or dinner isn't really relevant (unless you have a dispensation to apply scale rates).
HMRC guidance backs this up though I'm afraid I can't be bothered to go and find the exact page in the employers information manual.
One possible source for the confusion is that if you're self employed you're a bit more restricted in what you claim as far as subsistence goes.
There are legal cases where self employed people found they couldn't claim subsistence even though they could claim travel expenses.
However as we are directors of limited companies we are treated differently. Have a look at HMRC guide 490."You’re just a bad memory who doesn’t know when to go away" JRComment
-
Originally posted by TheCyclingProgrammer View PostYou can reclaim the costs of any subsistence associated with business travel which includes working at a temporary workplace. Whether this is breakfast, lunch or dinner isn't really relevant (unless you have a dispensation to apply scale rates).
HMRC guidance backs this up though I'm afraid I can't be bothered to go and find the exact page in the employers information manual.
One possible source for the confusion is that if you're self employed you're a bit more restricted in what you claim as far as subsistence goes.
You can claim for lunch though.
And all applies only to temporary place of work?Comment
-
Originally posted by l35kee View PostI thought it was relevant. You can't claim for breakfast if you don't leave before x AM, or evening meal if you don't leave after x PM?
You can claim for lunch though.
And all applies only to temporary place of work?
The following manual page explains how when claiming travel expenses this is extended to include associated subsistence costs;
https://www.gov.uk/hmrc-internal-man...anual/eim31815
Read all of the above. It explains everything with examples.
IIRC there are set times for scale rate payments which aren't relevant (usually only relevant if you're working through an umbrella).Last edited by TheCyclingProgrammer; 25 August 2017, 22:20.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment