I am currently using an Umbrella company and happened to check out Parasol's web site.
Parasol's 'allowable expenses' document differs a little to what my current umbrella allow me to claim.
One example is subsistence - I currently claim £10 a day but Parasol says I can only claim £5.
But the big one (for me) is this: I rent a place to live during the week while I work and claim this back. Parasol say I must have a tenancy agreement which states the property is only available for rent on week days and not weekend. Like most tenancy agreements mine does not! (How many landlords do you know rent decent accommodation out just for weekdays?).
So are Parasol being overly keen with their contractors expenses, or, by claiming my accommodation expense for the last 12 months should I expect a visit from you know who?
Where are the official IR stipulations for this? Cheers.
- 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!
Reply to: Umbrella 'Allowable' Expenses
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Umbrella 'Allowable' Expenses"
Collapse
- 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
- Signs of IT contractor jobs uplift softened in January 2026 Today 07:37
- ‘Make Work Pay…’ heralds a new era for umbrella company compliance Yesterday 08:23
- Should a new limited company not making much money pay a salary/dividend? Feb 13 08:43
- Blocking the 2025 Loan Charge settlement opportunity from being a genuine opportunity is… HMRC Feb 12 07:41
- How a buyer’s market in UK property for 2026 is contractors’ double-edge sword Feb 11 07:12
- Why PAYE overcharging by HMRC is every contractor’s problem Feb 10 06:26
- Government unveils ‘Umbrella Company Regulations consultation’ Feb 9 05:55
- JSL rules ‘are HMRC’s way to make contractor umbrella company clients give a sh*t where their money goes’ Feb 8 07:42
- Contractors warned over HMRC charging £3.5 billion too much Feb 6 03:18
- Statutory Sick Pay (SSP) for umbrella company contractors: an April 2026 explainer Feb 5 07:19
