One-off six month contract - umbrella or limited?

[Cheshire Cat]

If you're concerned primarily with which option maximises your net pay, take a look at one of the limited company calculators around the net. I think PCG have one. Nixon Williams too, IIRC. And this very site has a few calculators too. Plug in the numbers and hey presto. Also, don't listen to the Umbrella rep's argument that it is simpler than going Ltd. Incorporation and the associated set up is relatively straight forward.

[Hicks]

bear in mind that if its a one off contract , you should not be claiming any travel expenses

Is this regardless of whether you are contracting under a Ltd or umbrella?

I am new to contracting myself, so imagine my accountant (just signed up with SJD) would know this and have informed me in due course.

If you are not sure if you plan to contract for the long term, would the best approach to be to not claim for travel from the outset?

[SueEllen]

Is this regardless of whether you are contracting under a Ltd or umbrella?

I am new to contracting myself, so imagine my accountant (just signed up with SJD) would know this and have informed me in due course.

If you are not sure if you plan to contract for the long term, would the best approach to be to not claim for travel from the outset?

You know HMRC has lots of webpages which you can find just by googling the terms you want. For example I put in "temporary workplace" and found this link
http://www.hmrc.gov.uk/employers/ebi...-travel-05.htm

[Billy Pilgrim]

Is this regardless of whether you are contracting under a Ltd or umbrella?

I am new to contracting myself, so imagine my accountant (just signed up with SJD) would know this and have informed me in due course.

If you are not sure if you plan to contract for the long term, would the best approach to be to not claim for travel from the outset?

Don't be so daft......claim for travel...who on earth is going to 'prove' that you were not contracting for the long term??

By the way.....contracting is like Pringles....once you pop you just can't stop...!!!

[TheFaQQer]

Is this regardless of whether you are contracting under a Ltd or umbrella?

I am new to contracting myself, so imagine my accountant (just signed up with SJD) would know this and have informed me in due course.

If you are not sure if you plan to contract for the long term, would the best approach to be to not claim for travel from the outset?

I would be inclined to claim, and be prepared to fight that you were always intending to do more than one contract. If you take the effort, for example, to have company letterheads printed, have a website, etc. etc. then there is a better view of you intending to do more than one contract.

OTOH, you probably won't go to the extent of doing that lot if you're only going to be in it for a few months.