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expenses

  1. F

    Tax relief on permanent employment which is far from home?

    Greetings all. If I was to contract for a particular client far from my home, (250 miles away) requiring accomodation and travel each week, then my Ltd company could expense this (subject to conditions). But what if I was offered a permanent position at the company, still working several days...
  2. C

    Can my company reimburse a charitable donation?

    Hello. My company would like to make a charitable donation but the site only accepts debit or credit cards. My company doesn't have a credit card and I don't want to use the debit card. Can I pay this on my personal credit card and reimburse it as an expense? Of course I do this for many other...
  3. F

    Lunch expenses

    Hi there, I had a (hopefully) relatively simple question... Some context I work as a contractor on software projects. It's fairly typical work: usually about 3 months on-site before moving onto a new contract. I've worked in the industry for a number of years, and like all other contractors...
  4. S

    Expense claim at different/temporary client site

    I have been fortunate enough to have my current contract run over the 24 months. So I cannot claim expenses when I travel to my client base location of Manchester. However occasionally I have to travel to other client site in Newcastle and Birmingham lasting a few days to weeks. I'm incurring...
  5. C

    UK Contractor in Germany: Using UK Payroll management companies , high net retention

    I am a software developer contracting in Germany. When considering the job, I spoke with the payroll provider recommended by the recruitment agency to discover how much net retention I would have. The example I was provided (76%) was based off of a high expenses figure which is by no means...
    • curiousman
    • Thread
    • expenses germany germany aug license payroll services provider tax liability
    • Replies: 9
    • Forum: Accounting / Legal
  6. R

    Language training as an expense for a Ltd Company

    Hi, I am the director and owner of a small limited company. In the coming months, my trading activities in Sweden are set to increase. Although English is almost always sufficient, knowing Swedish would be greatly beneficial. I am wondering if language learning (1 to 1 from a tutor) is an...
  7. O

    Accommodation expenses while contracting in Italy

    Hi all A couple of years ago, I worked in Italy as a contractor for a few months. During that time, I decided to rent a flat as it worked out much cheaper than a hotel or other alternative. I have just been offered another 2 month contract with the same company and I would like to make sure...
    • OriginalFairy
    • Thread
    • accommodation expenses italy
    • Replies: 1
    • Forum: Accounting / Legal
  8. D

    Reduce limited company expenses when no trading or inactive

    By October last year I became a contractor in the IT sector and completed two assignments (2 to 3 months each) as senior software developer, using my new limited company. For the last 3 months I was not working but still paying my accountant Brookson £170 a month as they claim I need their...
    • derloopkat
    • Thread
    • accounting fee corporate tax expenses information technology limited company
    • Replies: 14
    • Forum: Accounting / Legal
  9. C

    Allowable expenses inside IR35

    I've recently taken up a contract role with a PSB and have been deemed inside IR35. It's a near two year contract and a good day rate so was worth taking (even being inside IR35). I understand that, due to being taxed at source, I won't be eligible for the 5% expenses if I was to set-up a PSC...
    • colanm
    • Thread
    • expenses ir35 psc public body
    • Replies: 7
    • Forum: IR35 Reform
  10. M

    Expenses, what can i get away with......

    Afternoon All, My question is. I have a business account that is full of cash and i'd like to spend some of it. But can i spend some of this say in John Lewis on new garden furniture and also buy say a computer for my office all on the same invoice? Do i need to supply an itemised invoice or...
  11. T

    Payrolling through agency as sole trader for public sector company

    I've a contract with an organization that is deemed as a public sector company. I'm currently set up as a sole trader and able to offset business expenses as part of my self assessment. The company has gone for a risk adverse approach and are moving all contracts (Ltd and sole traders) through...
  12. M

    Expenses Claimed Back via Agency When Using Self-Billing

    Hi I am using an agency that has a self-billing setup with the end client. Last weekend I worked away all weekend with 14 hours traveling in total (rented car). I have £350 or so of expenses, all bought using my business account debit card. How should those transactions be recorded in my...
  13. M

    Expenses Question from a Noob

    Short story: I have accrued 70 miles of travel expenses today. Do I simply need to document this in an expenses spreadsheet (or equivalent online system) and then do a bank tx from business account to personal account? Also, does it matter if I am reimbursing expenses daily or weekly in my Ltd's...
  14. C

    Travel Expenses

    I have been offered a contract working over 2 hours away from home and therefore would have to stay in hotels/b&bs. I have had a look online and the prices are about 170p/wk (sunday - Friday) My day rate is 150p/day = 750p/wk. As I need to work out before I commit whether this would be cost...
  15. S

    Renting a flat - what about bills and council tax?

    Hi all, I'm considering taking a new contract in London and having worked in London for the past 5 months and commutted to and from my house (which is approx 4 hours each day) I've decided if I take another role in London I'm going to have to stay over during the week so I can stay sane and get...
  16. M

    is there any iphone app for contractor to manage invoices and expenses

    Hi All, I am IT contractor and I am sick of managing the my own limited company. Have to spend hours and hours to prepare invoices and submit to client and prepare VAT and expenses. Was thinking if there is a way I can manage these all from my iphone. Something can allow me to create invoices...
  17. N

    Business Mileage Claims

    My company cars up for renewal and i have the option of taking a car allowance if i want. I have heard that i can claim tax back on my business mileage if i have my own car. After a little research still not sure if i can so any help confirm this would be a great help:- At the moment I run a...
  18. D

    Can I start claiming expenses again?

    Hi all, my home/office is in Brighton, my clients tend to be in London. My previous contract was in London and was for 4 years in the end, stopped claiming on it a long while ago. I have just started a new contract, also based in London, but for a different client company. I cannot work out...
  19. D

    Expenses for one night a week at client

    I'm just dipping my toe back into contracting and I'm horrified to see the changes to allowed expenses due to come in in April. I'm looking at a contract where I would work at home but visit my client for 1-2 days a week. Would any travel and subsistence be allowable before/after April? Also...
  20. S

    Charging rent to my limited company

    Hi, I will be starting a contract in London and I live too far away to commute on a daily basis. I am considering buying a flat. This would not be my main residence or where the business is registered. Would I be able to rent the flat to my limited company as it will be used as business based...

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  1. Contracting
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    5. Welcome / FAQs
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