Reply to: 2 year rule - crediting back up front costs

[LisaContractorUmbrella]

binary encoding of a phrase with a swear word in it.

Blimey.

[eek]

This is a good point and one that is widely ignored.

NLUK I have to ask - what's with all the numbers??????

binary encoding of a phrase with a swear word in it.

[LisaContractorUmbrella]

Sorry to keep banging on about this but you didn't comment last time but...You are aware that another London based role will not reset the 2 year clock? 24 months (or the 40% rule) is geographic, not client based. If you were contracting in the same geographic area before this contract you could already be over the 24 month rule. London is mentioned in the HMRC literature specifically.

This is a good point and one that is widely ignored.

NLUK I have to ask - what's with all the numbers??????

[centurian]

Why not just play it by the book and get a 6 month travel ticket? How much money can you save?

If you buy in December, probably about a 15-20% saving - even accounting for some non travel during holidays.

You get a 10% + saving for buying an annual ticket - and you get the whole year at 2012 prices although you are mainly using it in 2013. Given that prices are going up by 6% next January, this all adds up.

[northernladuk]

If I wasn’t renewed I see it highly likely that I will get another London based role in a similar geographical area.

I don’t why I didn’t think of the refund option! that’s is the simple answer. I have checked the London Midland site and it is allowed

Sorry to keep banging on about this but you didn't comment last time but...You are aware that another London based role will not reset the 2 year clock? 24 months (or the 40% rule) is geographic, not client based. If you were contracting in the same geographic area before this contract you could already be over the 24 month rule. London is mentioned in the HMRC literature specifically.

[speling bee]

If that is the same one I used to say other positive stuff since then yes. Must have been a good day for me that

It will not be forgotten.

[Signo_cypher]

WBAS

Sometimes depending on how screwed up the train company service is, it's actually cheaper to renew an annual season ticket if you need it for 5-7 months then get a refund on the unused amount.

Simply because if the service is really screwed up they give season ticket holders a massive discount on renewal of the ticket.

As long as you are clear about why you acted that way and put it in the accounts then I don't see how it's a problem.....

If I wasn’t renewed I see it highly likely that I will get another London based role in a similar geographical area.

I don’t why I didn’t think of the refund option! that’s is the simple answer. I have checked the London Midland site and it is allowed

[northernladuk]

It's that star on the left hand side, isn't it? The one you used to call me an idiot on 13 July?

If that is the same one I used to say other positive stuff since then yes. Must have been a good day for me that

[kingcook]

The OP could always get a refund on the unused portion

My understanding was the the railway company refund based on the amount of time you've actually used it, but each of those days is standard day return.

So say you buy a 1 month season ticket from Manchester to Euston (£1200 for arguments sake) and the cost of a Standard Day Return is £200, the season ticket is worthless after 6 days (6x £200 = £1200).

[doomage]

Why not just play it by the book and get a 6 month travel ticket? How much money can you save?

I only bother with 1 month at a time, just in case, you know, I want to leave.

And if the money is that important, just get a higher rate

[SueEllen]

The OP could always get a refund on the unused portion

WBAS

Sometimes depending on how screwed up the train company service is, it's actually cheaper to renew an annual season ticket if you need it for 5-7 months then get a refund on the unused amount.

Simply because if the service is really screwed up they give season ticket holders a massive discount on renewal of the ticket.

As long as you are clear about why you acted that way and put it in the accounts then I don't see how it's a problem.....

[BA to the Stars]

What are you going to do with the season ticket if you (for some reason) don't get extended again?

The OP could always get a refund on the unused portion

[speling bee]

No probs... just don't forget where the rep button is!

It's that star on the left hand side, isn't it? The one you used to call me an idiot on 13 July?

[kingcook]

Thinking of getting a 12 month season ticket, but want to understand if I purchase the 12 month ticket will I have to credit back the remaining months through the company books as BIK at the point I potentially get the next extension?

What are you going to do with the season ticket if you (for some reason) don't get extended again?

[northernladuk]

Not at all. I welcome constructive criticism.

Just had a sudden panic that I've been doing somehing naughty for the last five years.

No probs... just don't forget where the rep button is!