Reply to: Laptops after Apr6th

[WTFH]

I'm going to guess that it's VERY new... like still up on the web page with a mouse poised above the "Buy Now" button new.

Either that, or someone has bought/leased a shedload of stuff through the company "cause it's free" and now is not going to have any income going in to the company to pay for it all.
Company car, company mobile, company everything, but not enough funds in the company to pay for the borrowed lifestyle.

It's kinda funny as well that someone who claims to be a contractor doesn't have any funds at all set aside in a warchest, that even £700 is enough to break the bank.

[wattaj]

How old is the laptop?

I'm going to guess that it's VERY new... like still up on the web page with a mouse poised above the "Buy Now" button new.

[WTFH]

But leasing a laptop at 15/week To offset 780 quid against 40% tax seems like an idea. If you all have a spare 700 quid send it to me.

How old is the laptop?

If you MVL your company, will you have more come our of it than the current depreciated value of the laptop?

[wattaj]

There will be no expenses allowance

^^ This.

Read the IR35 guidance and stop annoying us.

[eek]

… which is the final stake through the heart of contracting (or temping as it will now be known).

Yep - expenses was the battle I fought as it was what makes contracting practical for people and clients not in the South.

[TwoWolves]

There will be no expenses allowance

… which is the final stake through the heart of contracting (or temping as it will now be known).

[ladymuck]

There will be no expenses allowance

[GhostofTarbera]

It’s not about using a laptop, of course I can use the thing. The question is about the possibility of claiming it as an expense when I am an umbrella employee. And no it is not the most pressing thing I think about.

But leasing a laptop at 15/week To offset 780 quid against 40% tax seems like an idea. If you all have a spare 700 quid send it to me.

Grow up


Sent from my iPhone using Contractor UK Forum

[BR14]

It’s not about using a laptop, of course I can use the thing. The question is about the possibility of claiming it as an expense when I am an umbrella employee. And no it is not the most pressing thing I think about.

But leasing a laptop at 15/week To offset 780 quid against 40% tax seems like an idea. If you all have a spare 700 quid send it to me.

aye, - right.
it's on it's way.
the cheque's in the post

[abcdefg]

It’s not about using a laptop, of course I can use the thing. The question is about the possibility of claiming it as an expense when I am an umbrella employee. And no it is not the most pressing thing I think about.

But leasing a laptop at 15/week To offset 780 quid against 40% tax seems like an idea. If you all have a spare 700 quid send it to me.

[BR14]

geez

i despair

[WTFH]

If you’re deemed inside IR35, then your client should supply you with a laptop.

As for you “needing” one, just use your company one until you wind up the company. Then keep using it

[GhostofTarbera]

the company owns the laptop at present. After Apr 6th I become an Umbrella Co employee and will need a laptop. If I buy the laptop from the company or lease it from the company, can I claim this as an expense on my self assessment?

Is this only this that’s concerning you ??

Jesus wept


Sent from my iPhone using Contractor UK Forum

[northernladuk]

Just use the laptop. Don't much about with claiming it off the company.

This. Pretty pointless really.

[cojak]

Just use the laptop. Don't much about with claiming it off the company.