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2 year rule question

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    2 year rule question

    Morning all,

    Contract at current clientco was extended by a further year at the 18 month mark so I stopped claiming travel expenses from myco.

    However, it seems possible that I may need to leave due to ill heath before the two years are up.
    If I do, would it be reasonable to expense the last few months of travelling?

    Won't save a lot of tax etc, but every little helps!

    Ta

    P.S.
    Thanks to those at CUK who suggested I stay at clientco in a previous post - it all worked out

    #2
    Originally posted by ctdctd View Post
    Morning all,

    Contract at current clientco was extended by a further year at the 18 month mark so I stopped claiming travel expenses from myco.

    However, it seems possible that I may need to leave due to ill heath before the two years are up.
    If I do, would it be reasonable to expense the last few months of travelling?

    Won't save a lot of tax etc, but every little helps!

    Ta

    P.S.
    Thanks to those at CUK who suggested I stay at clientco in a previous post - it all worked out
    I don't know the right answer to this question, however, I would be of the belief that as your contrat length was due to go beyond 2 years, you won't be entitled to claim back expenses even if you leave before the 2 years have passed. However, I would be happy to be wrong on this one.
    If your company is the best place to work in, for a mere £500 p/d, you can advertise here.

    Comment


      #3
      Originally posted by ctdctd View Post
      Morning all,

      Contract at current clientco was extended by a further year at the 18 month mark so I stopped claiming travel expenses from myco.

      However, it seems possible that I may need to leave due to ill heath before the two years are up.
      If I do, would it be reasonable to expense the last few months of travelling?

      Won't save a lot of tax etc, but every little helps!

      Ta

      P.S.
      Thanks to those at CUK who suggested I stay at clientco in a previous post - it all worked out
      It is based on you knowiing you will be there more than 24 months. If you aren't going to be, then expenses are still claimable. But just to be safe, be very sure that you will be terminating (no, not in that sense... ) early.
      Blog? What blog...?

      Comment


        #4
        Originally posted by ctdctd View Post
        Morning all,

        Contract at current clientco was extended by a further year at the 18 month mark so I stopped claiming travel expenses from myco.

        However, it seems possible that I may need to leave due to ill heath before the two years are up.
        If I do, would it be reasonable to expense the last few months of travelling?

        Won't save a lot of tax etc, but every little helps!

        Ta

        P.S.
        Thanks to those at CUK who suggested I stay at clientco in a previous post - it all worked out
        As per Malvolio's previous post, as long as your contract has been amended to reflect this then there would be no problem with you claiming travel and subsistence again.

        Comment


          #5
          Originally posted by Steven@Parasol View Post
          As per Malvolio's previous post, as long as your contract has been amended to reflect this then there would be no problem with you claiming travel and subsistence again.
          You have to have your contract amended? unlikely I would have thought. What if client co cancelled their project and had to let you go?

          In either case they aren't going to amend your contract just to help you out with your expenses.

          Comment


            #6
            Thanks all,

            Malvolio, yes, if I do need to go then I'll complete notice before the 2 years are up.
            Oh, and do a backdated claim for expenses only once I am sure I'll be terminating (yes, the contract...........)

            Steven, contract will be the same as now so will be beyond the two year date. However, I would be using my notice clause and leaving before the two years are up.

            So a bit of a grey area then?

            Comment


              #7
              Originally posted by ctdctd View Post
              Thanks all,

              Malvolio, yes, if I do need to go then I'll complete notice before the 2 years are up.
              Oh, and do a backdated claim for expenses only once I am sure I'll be terminating (yes, the contract...........)

              Steven, contract will be the same as now so will be beyond the two year date. However, I would be using my notice clause and leaving before the two years are up.

              So a bit of a grey area then?
              Not that gray. If there is a dispute over it and the contractual details are unclear, the judgement will be based on the intent of the parties, so not a problem if you both agree about what was intended. If you have a documented notice period, the intent is very clear. Just keep all the relevant correspondence with the client.

              It's small beer anyway, not really worth worrying about.
              Blog? What blog...?

              Comment


                #8
                I can't see a problem in claiming for the full 24 months once you have definately decided that you will finish before the 24 months is reached.
                Public Service Posting by the BBC - Bloggs Bulls**t Corp.
                Officially CUK certified - Thick as f**k.

                Comment


                  #9
                  Originally posted by malvolio View Post
                  It's small beer anyway, not really worth worrying about.
                  Ta - but a small beer might ease the decision

                  Anyway - I might not need to leave - see what the next quack does - in which case it will be a large beer

                  Comment


                    #10
                    Originally posted by ctdctd View Post
                    Ta - but a small beer might ease the decision

                    Anyway - I might not need to leave - see what the next quack does - in which case it will be a large beer
                    Fair enough. Best of luck whichever way it goes.
                    Blog? What blog...?

                    Comment

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