Hello,
I just accepted a new contract inside IR35 with Parasol... and I got miraged by the fact that they allow expense on electronic such as laptop and other items.
They also told me I could keep my laptop at the end free of NI and income tax at the next payroll.
That sounds all good until I told them on their policy document it mentioned they were keeping 15% as security deposit.
And the answer was that it's not the case anymore. It'll just be treated as benefit in kind....
What's the point for me to expense it, if I have to pay maximum tax on it?
What a joke
I just accepted a new contract inside IR35 with Parasol... and I got miraged by the fact that they allow expense on electronic such as laptop and other items.
They also told me I could keep my laptop at the end free of NI and income tax at the next payroll.
That sounds all good until I told them on their policy document it mentioned they were keeping 15% as security deposit.
And the answer was that it's not the case anymore. It'll just be treated as benefit in kind....
What's the point for me to expense it, if I have to pay maximum tax on it?
What a joke
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