Theoretically could I start working from home more to break the 24 month rule? So if I worked at the client's site for 2 years and then I change to 3 days from home - can I claim the expenses for the other 2 days?
- 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!
24 month expense rule
Collapse
X
-
-
Originally posted by cannon999 View PostTheoretically could I start working from home more to break the 24 month rule? So if I worked at the client's site for 2 years and then I change to 3 days from home - can I claim the expenses for the other 2 days?
It's not as simple as "2 years".
It's also: At what point did you know you'd be there more than 2 years?
There's a bit more on it here:
https://www.contractoruk.com/forums/...k-overlap.html…Maybe we ain’t that young anymore -
There's someone on here who I'm sure has a macro set up that auto responds "What does your accountant say?".
I want a copy of that macro.
The 24 month rule (that is not really a 24 month rule) is contractor 101 stuff - you just need to read one of the *many* articles out there that explains it in simple terms to realise that what you're asking about is not possible.Comment
-
Reading the sticky at the top of this thread might be a good start.
Tip. It's the 40% rule you need to be looking for.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
-
Originally posted by Paralytic View PostThere's someone on here who I'm sure has a macro set up that auto responds "What does your accountant say?".
(But then reading his other posts, he's moving to Canada because he hates anything to the left of the Daily Wail in the UK)…Maybe we ain’t that young anymoreComment
-
Originally posted by WTFH View PostNo.
It's not as simple as "2 years".
It's also: At what point did you know you'd be there more than 2 years?
There's a bit more on it here:
https://www.contractoruk.com/forums/...k-overlap.htmlComment
-
Originally posted by northernladuk View PostReading the sticky at the top of this thread might be a good start.
Tip. It's the 40% rule you need to be looking for.Comment
-
No. Go read the stickies and you'll see how far off that comment is.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
-
Originally posted by cannon999 View PostTheoretically could I start working from home more to break the 24 month rule?
I'm not sure that's the question you wanted to ask though.
Originally posted by cannon999 View PostSo if I worked at the client's site for 2 years and then I change to 3 days from home - can I claim the expenses for the other 2 days?
read up on it.... or is it too late?See You Next TuesdayComment
-
Bascially, if more than 40% of your time over the previous 24 months has been spent on site, you cannot claim.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
- How much tax to pay HMRC on cryptocurrency? Jan 16 10:00
- Life Insurance services Jan 15 10:21
- Relevant Life Insurance Services Jan 15 10:08
- Will umbrella company regulation spark mergers and acquisitions? Jan 15 09:24
- Critical Illness Insurance for Contractors: Protect Yourself When It Matters Most Jan 14 16:26
- Relevant Life Insurance for Contractors with a Limited Company Jan 14 16:14
- Life Insurance for Contractors: Why it’s Essential Jan 14 16:09
- Guide to Income Protection Insurance for Contractors Jan 14 16:00
- Treasury minister told six actions can save contractor umbrella sector from ‘existential’ crisis Jan 14 09:40
- Critical Illness Services Jan 13 16:41
Comment