Originally posted by LondonManc
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Flat Rental (+ food!)
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I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code). -
Originally posted by Scruff View PostIt is always a good idea to contract in YourCo.'s name - this removes any doubt who the contracting parties are, as well as shifting contractual liability to YourCo. Additionally, if you and the Vendor are VAT registered, you can claim the VAT back, too.Comment
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Originally posted by radish2008 View PostI'm not sure how practical this is - I've rented 3 flats in London and have ben told each time that a business let isn't possible as a business credit check isn't possible or acceptable. How many flats have you rented Scruff and what were your experiences ?
I have never rented an apartment in MyCo.'s name. When I work away, I stay in hotels.I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code).Comment
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Originally posted by radish2008 View PostI'm not sure how practical this is - I've rented 3 flats in London and have ben told each time that a business let isn't possible as a business credit check isn't possible or acceptable. How many flats have you rented Scruff and what were your experiences ?Comment
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Originally posted by LondonManc View PostYour accountant advised the same as mine did.
I'd also advise against renting from a risk point of view - your project could be canned at any time but you are committed to the rent for the length of your rental contract.Rule Number 1 - Assuming that you have a valid contract in place always try to get your poo onto your timesheet, provided that the timesheet is valid for your current contract and covers the period of time that you are billing for.
I preferred version 1!Comment
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Originally posted by BoredBloke View PostThat happened to me when the client canned the whole project. I was left with a flat I didn't need at Victoria docks. I told the landlord and we agreed that they would advertise it and I'd stump up their costs.The greatest trick the devil ever pulled was convincing the world that he didn't existComment
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So my accountant took a fresh look at the situation and has agreed that even if you rent a flat (as opposed to hotel) that you can claim for expenses like food without needing to declare anything on P11D.Comment
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