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expenses

  1. V

    Medical Insurance, Child School Fees

    In the UK, can either Medical Insurance ( and any medical expenses) or child school fees be paid for from gross pay or reclaimed against income tax?
  2. G

    Can I expense only a mobile phone handset

    I am considering buying a new mobile phone handset through my limited company. I already have sim-only contract in my personal name, so the limited company would only pay a one-off purchase of the hardware; (no minutes, no contract). I am unsure if this is acceptable. I have read HMRCs advice...
  3. T

    Giant won't accept receipted claims for evening meals with overnight stay - why?

    I've recently joined Giant after many years with Parasol. One aspect of Giant's expenses policy that truly puzzles me is that, if staying away from home to fulfill a contract, an expenses claim for the B&B/hotel can be made (up to quite a generous limit) BUT a claim for an associated evening...
  4. S

    Question about expenses

    Hi, Have a limited company and doing IT consultancy me dorector and one secretary who i employ . Have a friend who runs a building company, wanted to commission some work for me, thinking of putting it on expenses as building an office) , wanted to spend about 20 K maybe 30k for this. Will be...
    • shtek
    • Thread
    • expenses
    • Replies: 25
    • Forum: General
  5. J

    The "Can I claim... through business expenses?" thread

    I understand this topic has been discussed previously. But I have different scenario here and hope someone here can help. So I have recently started a contract with a company and the company promote being active and health, so they gave us a pedometer and target to track our activities on daily...
  6. R

    Company Expense - Surgery

    Hi all I am an IT contractor with a limited company. I'm currently not working as I'm waiting for an operation on my hip on the NHS and can't commit to a contract. The waiting time is up to 4 months, but I'd really like to explore the private option, in order to get back to work and choose...
    • Rudster
    • Thread
    • company expenses medical
    • Replies: 42
    • Forum: General
  7. R

    Expense paid by direct debit - what date for expense?

    I've made a bit of an error - I purchased some business insurance from QDOS but chose to pay via direct debit (I'm not sure why in hindsight - I was just starting out). I'm paying for it out of my personal account and wish to claim this expense from my limited. I have received an invoice from...
  8. R

    Staff entertainment

    Hi, I claimed about 300GBP(for me & my wife) under staff entertainment in December. At that time, My wife was not working for my limited company. She recently joined my limited company. She is going to work for only two months in my company. How much she is allowed to claim under the staff...
  9. J

    Claiming employee expenses through Ltd company

    Hi there I have an employee for my Ltd company who freelances. Note: This person is NOT a Director or Shareholder of the Company. Can I still claim expenses (e.g. sustenance [travel/food]) given the work is not done from the usual place of work? As a Director and Company owner, from my...
  10. M

    Claiming certification exam fees as expenses

    So I've had a look at the training expenses guide, and wanted to be sure I understood it properly. IT contractor guide to training expenses :: Contractor UK This would be me as sole proprietor of my Ltd, claiming for exams that I would take myself. The "capital vs revenue" rule seems to...
  11. I

    Basic expense claiming

    Hi all, I'm thinking of starting contracting. I have decided to start a limited company. I have read what expenses I could claim but what I don't understand is how much of it comes off my corp tax bill and therefore HMRC pay for it? Or am I way off? E.g. I pay £2000 for something I claim that...
  12. T

    Contract in Amsterdam: client to pay for flights, hotel, or both?

    Hi all, In discussion with a UK-based agency ref contract opportunity in Amsterdam. Agreed rate, then agent emailed back to ask me "does the rate we just discussed include flights, etc?" I'm surprised she was asking me -- but what's the norm here? Is there indeed a norm? The company knows the...
  13. S

    Paid expenses put me in IR35?

    Hi, I've been on my first contract for six months as an umbrella, now changing to Ltd. I started receiving expenses after three, because my place of work changed to a location beyond commutable distance. Dave Chaplin's Contractor's Handbook says (in the IR35 chapter): "Contractors pay their...
  14. B

    Reimbursing backdated expenses after giving notice? Please help!

    Hello Everyone, I might have an issue with my umbrella company and would really appreciate any help or pointers. I have been working for them for a few years. From my earnings as contractor they paid me a base salary and offered to do three things with the surplus: pay it immediately as a...
  15. T

    Contractor Expenses

    I have recently set up a Limited Company in line with the Financial Contract I work on. Being new to the world of 'self employment' I am keen to seek advice on what I am OK to claim on expenses. I rent a flat each month around the area my contract is based. My flat is several hundred miles away...
    • TManby
    • Thread
    • accommodation claim contract expenses expenses limited company
    • Replies: 6
    • Forum: Business / Contracts
  16. I

    Overseas Shareholder Expenses

    Hi I am an overseas shareholder visits UK for local business work. I wanted to know how my expenses are treated when I visit UK for local company business and expenses incurred such as fuel, mobile etc, considering we are VAT registered? Do I have a threshold? Are my dividends subject to tax...
  17. H

    Are dinner expenses um... ethical?

    Hi everybody. I'm new to contracting, got my job through a recruitment agency, and signed up with an umbrella company. They told me that if I'm away from home, for my job, for 10 hours or more per day, I can claim dinner expenses. My hours of work are from 09:00 to 17:30, so that's not...
    • half
    • Thread
    • allowance expenses
    • Replies: 40
    • Forum: General
  18. T

    Charging expenses to Client. How to deal in Company Accounts for corporation tax

    First Post. Hi, In this my second contract, I am charging my travel expenses to the client and adding VAT as appropriate on mileage and train tickets. These are being reimbursed to my ltd company by the client. Should I also be claiming these as expenses to myself (employee and director)...
  19. J

    Subsistence - Exactly what can be claimed?

    Hi all, Apologies for asking this, I imagine it's not the first time. I have done a search and had a look through the results, but I'm after definitive answers. I'm new to contracting and am currently applying for my first contract role. I've set up my limited company and have spoken to an...
  20. M

    Mileage between home, office and sites - grey area?

    My next gig allows me to invoice the agency for business mileage between the client's main office and their other sites, which I expect to travel to frequently. I appreciate the difference between personal expenses (home to temporary office), which I can claim through my own ltd co, and...

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  1. Contracting
    1. General
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      1. Coronavirus Assistance
    3. Accounting / Legal
      1. Umbrella Companies
      2. HMRC Scheme Enquiries
      3. The Future of Contracting
      4. IR35 Reform
    4. Technical
    5. Welcome / FAQs
  2. Social
    1. Light Relief
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