New to Contracting - Advice Appreciated

[MotionError]

Hey guys,

I have signed my first contract as a 'consultant' which is rolling. The relevant clauses are in there to ensure there is no breach of IR35.

So I am invoicing this company, lets call it X.

X works on the same floor as company Y.

Y wants me to consult them on their designs/websites.

So - its my company invoicing X, who are invoicing Y.

Can I claim lunch/travel expense, I have just started my company and the only income for the next 6-12 months will be from company X.

Any other pointers that could be given to someone who is just starting out? I have registered a virtual office for my company and I am currently making my site. I plan to take a few small jobs outside of my contract with company X.

regards,

ME

[stek]

What does your contract say?

[MotionError]

What does your contract say?

which one? between me and X or between X and Y.

[amcdonald]

which one? between me and X or between X and Y.

Is your contract between your company and X

If so Y is irrelevant

Only bother claiming lunch if you are working away overnight, travel exps are ok 45p a mile for a car for the first 10000 miles then 25p a mile thereafter, or the actual cost of a train/plane ticket

Get a company debit/credit card and expense it through that to make it easier to keep track of

[northernladuk]

Hey guys,

I have signed my first contract as a 'consultant' which is rolling. The relevant clauses are in there to ensure there is no breach of IR35.

Always worries me when people say they have understood their IR35 situation and then use the wrong terminology. There is no IR35 'Breach'. You are inside or outside.

So I am invoicing this company, lets call it X.

X works on the same floor as company Y.

Y wants me to consult them on their designs/websites.

So - its my company invoicing X, who are invoicing Y.

So X is a subcontractor to Y? Your terminology is very confusing as you say you ARE invoicing X but Y WANT to you to do something. So until you start doing stuff for Y what are you currently invoicing X for?

Can I claim lunch/travel expense, I have just started my company and the only income for the next 6-12 months will be from company X.

Read the newbies guides to the right, particularly the one titled Contractor Expenses. Your accountant should have detailed guides about all this as well.

Any other pointers that could be given to someone who is just starting out? I have registered a virtual office for my company and I am currently making my site. I plan to take a few small jobs outside of my contract with company X.

regards,

ME

Just make sure you read your contract carefully or negotiate it so there are no problems doing other bits of work.

[MotionError]

Always worries me when people say they have understood their IR35 situation and then use the wrong terminology. There is no IR35 'Breach'. You are inside or outside.



So X is a subcontractor to Y? Your terminology is very confusing as you say you ARE invoicing X but Y WANT to you to do something. So until you start doing stuff for Y what are you currently invoicing X for?

Company Y is a friend of company X, Y approached X to ask for me since they saw my work. I am now working for Y but invoicing X, make sense?

Read the newbies guides to the right, particularly the one titled Contractor Expenses. Your accountant should have detailed guides about all this as well.

Do you have any suggestions of how an Oyster card travelcard could be put through my company as an expense? It lasts 7 days but obviously I cannot count weekends. What is the way around this?

Just make sure you read your contract carefully or negotiate it so there are no problems doing other bits of work.

see quoted

[northernladuk]

You need to make sure you stick to the work as described in your original contract. Doing a bit of extra work for Y could be seen as direction and control which is major pointer to being inside. Make sure you have understood your work schedule and you stick to it. Extra work requires more schedules of work. If it gets the point that X is just giving you what he wants to then even extra schedules won't save you.

Oyster cards... - https://www.google.co.uk/search?q=oy...ntractoruk.com

[quackhandle]

Is your contract between your company and X

If so Y is irrelevant

Only bother claiming lunch if you are working away overnight, travel exps are ok 45p a mile for a car for the first 10000 miles then 25p a mile thereafter, or the actual cost of a train/plane ticket

Get a company debit/credit card and expense it through that to make it easier to keep track of

Really?

qh

[LisaContractorUmbrella]

Really?

qh

BIM47705 - Measuring the profits (specific rules and practices) - receipts and deductions: specific deductions - travel and subsistence: expenditure on meals and accommodation

[quackhandle]

BIM47705 - Measuring the profits (specific rules and practices) - receipts and deductions: specific deductions - travel and subsistence: expenditure on meals and accommodation

Thanks, what about eating on client site? I've always claimed a reasonable amount, but have known other contractors who claim £5 per day regardless.

qh