What is so hard about posting umbrella questions in the Umbrella section this week?
- 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!
Expenses - I don't believe this
Collapse
X
-
-
Originally posted by abbeyit View PostI should have stated that I am contracted to a well known outsourcing company based in London and I work from home getting my assignments or temporary workplaces via email. This week was Aberdeen, Leeds, Kilnarnock and Milton Keynes. Should I not be able to claim travel and accommodation which is a subsatntial part of my income then the contract effectively becomes non viable from a financial point of view.Comment
-
Originally posted by Wanderer View PostWhat they say in EIM32125 is that if you work at a single work place for more than 80% of the entire duration of your employment then you are not entitled to claim travelling expenses to that workplace at all (even within the 24 months/40% rule). In your situation it appears that you don't work at a single work place and I think the umbrella have incorrectly applied the rules here.
I've been at the same place for 19 months now claiming over £1k a month.
I take it this 'rule' is aimed at agency and fixed term only??Last edited by gingerjedi; 29 November 2012, 13:17.Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave JohnsonComment
-
Comment
-
Originally posted by gingerjedi View PostNews to me!
I've been at the same place for 19 months now claiming over £1k a month.
If you expect to work on other engagements (which you do, of course ) then you are OK.
You will find that most umbrellas ask contractors if this is the only engagement they intend to work on and if it is then they won't allow most travel/subsistence claims. Of course, most people genuinely expect that they will work on multiple assignments via the LTD/Umbrella so that makes it OK.
The thing I don't agree with here is what happened with abbeyit's umbrella where they retrospectively disallowed the claims. As with the 24 month rule, my reading EIM3125 is that they shouldn't disallow the claims so long as there was a genuine intention to take multiple engagements at the outset (and how could they ever prove otherwise).Free advice and opinions - refunds are available if you are not 100% satisfied.Comment
-
Originally posted by jmo21 View PostIs it usual in your line to pay for these types of expenses yourself, or did you negotiate a higher than normal rate to cover it?Comment
-
Originally posted by Epiphone View PostI'd also be telling the brolly to NEVER, EVER amend the invoice without speaking to me first.Comment
-
Originally posted by abbeyit View PostThanks. One of the reasons I chose not to stay with the umbrella company and start my own LTD. Now need to decide whether to register for VAT or not.Comment
-
Originally posted by Wanderer View Post
The thing I don't agree with here is what happened with abbeyit's umbrella where they retrospectively disallowed the claims. As with the 24 month rule, my reading EIM3125 is that they shouldn't disallow the claims so long as there was a genuine intention to take multiple engagements at the outset (and how could they ever prove otherwise)."You’re just a bad memory who doesn’t know when to go away" JRComment
-
Originally posted by scope View PostI think thats a no brainer unless your expenses are of such a nature that you would be better off claiming VAT on them.. You charge your client 20% and only pass on 13-14% to the VAT man - the rest is yours to keep.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
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment