Can you expense pension setup fee and yearly tax-keeping fee if using a brolly?

[jf2010]

As in title

Normally if you are using an umbrella company setup are pension setup fees (one time fee) and yearly tax bookkeeping fees (in 2020 they would be for 2019) able to be expensed?

[ladymuck]

Nope. Can't be done.

You are an employee of the umbrella, everything you spend is out of your taxed earnings.

[jf2010]

Nope. Can't be done.

You are an employee of the umbrella, everything you spend is out of your taxed earnings.

What do you mean exactly? There is a long list of items that are normally allowed to expense

[eek]

What do you mean exactly? There is a long list of items that are normally allowed to expense

Such as and remember we are talking about umbrellas here where you are merely an employee of that company.

I do actually have a list but would love to see what you think you can claim from pre-taxed income.

[ladymuck]

What do you mean exactly? There is a long list of items that are normally allowed to expense

Normally in what scenario?

[northernladuk]

I thought you were employed in 2019? The job you quit for a role thst didn't appear as per your previous post.

[jf2010]

Such as and remember we are talking about umbrellas here where you are merely an employee of that company.

I do actually have a list but would love to see what you think you can claim from pre-taxed income.

Courses, technical books etc etc

[eek]

Courses, technical books etc etc

Nope you are an employee and all those items are dual purpose (both helping you do your job but also helping you to advance you skillset).

[jf2010]

Nope you are an employee and all those items are dual purpose (both helping you do your job but also helping you to advance you skillset).

Just to be clear you are saying that these items cannot be expensed after you buy them to receive a reduction through tax?


I am surprised.. as every brolly I have heard of mentions that specific items like these can be

[Lance]

Just to be clear you are saying that these items cannot be expensed after you buy them to receive a reduction through tax?


I am surprised.. as every brolly I have heard of mentions that specific items like these can be

what does your current brolly say about both these items, and the original question?
As your employer they may have a different view.