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Simplifying expenses and benefits: government wants to know what contractors think
Contractors and services providers are being asked for their views on four new government consultations on simplifying expenses and benefits.
�Contractors, alongside their advisers and contracting service providers, are invited to contribute to f� �signment. This will benefit contractors on longer contracts with multiple renewals New rules for homeworking,�
Category:
News
| Tue, 24 Jun 2014
How to charge expenses back to your client
Have you incurred expenses that need charging back to your client?
�d from the client and should include VAT. If your contract is caught by IR35, then the expenses reclaimed wi�
Category:
Articles: Expenses
| Fri, 07 Dec 2007
Relocation costs are your responsibility when contracting
If a contract obliges you to relocate, you need to account for the costs. You may deduct a large part of it all from tax, but that may still leave you with a hefty bill. Here's how to handle it.
�You've been offered a new contract, and it's a good one, with a good rate and the pr�
Category:
Articles: Expenses
| Tue, 15 Apr 2008
Contractor start up expenses that can be claimed
All the expenses you can incur on start up and what can be claimed.
�discussed the valid expenses you can claim whilst contracting . However, when you first form your own limited c� �duction and hosting fees. Legal Fees (perhaps for contract drafting or review). Equipment and Other Capital�
Category:
Articles: Expenses
| Fri, 13 Jun 2008
Contractors with home offices to benefit from new HMRC expenses guidelines
Contractors who spend time working in their home office are set to benefit from new guidelines published by HMRC this week.
�on of their fixed costs against their income from contracting. Such fixed costs will include: Insurance – if th�
Category:
News
| Fri, 20 Jun 2008
How contractors should process contracting expenses
Contractors who run their own limited company can use really simple systems to ensure they keep accurate, up-to-date expenses records for their tax and VAT accounting, as well as ensure they get to claim everything they can.
�own company and paying out of your own pocket for contracting expenses , especially cash expenses, it really pa�
Category:
Articles: Expenses
| Thu, 03 Jul 2008
What expenses can contractors claim for using a home office?
Contractors who spend time working in their offices at home can claim a proportion of the running costs of their home as legitimate business expenses, thereby saving money on their tax and personal outgoings.
�ge of your home that you use when working on your contracting business from home. With some contractors this co�
Category:
Articles: Expenses
| Mon, 14 Jul 2008
Training expenses - what contractors can claim
Investment in training can pay real dividends for contractors in order to maintain and upgrade their skills. Although most relevant training costs can be claimed, some types of training are excluded by HMRC.
�ills are in the best position to take the pick of contracts available. Contractors in some sectors, like engi� �uld mean the difference between winning that next contract, or not.�
Category:
Articles: Expenses
| Wed, 30 Jul 2008
Contractors can recover unclaimed travel expenses from past contracts
If a contractor has failed to claim for past travel expenses, these can still be recovered under certain conditions.
�e within the so-called ‘24 month rule’, and which contracts were not covered. Any travel expenses would not b� �, even if they had been legitimately working on a contract for which the travel expenses were eligible. Temp�
Category:
Articles: Expenses
| Mon, 29 Sept 2008
10 facts you need to know about company dividends
Ltd company contractors find that sharing profits through dividends is more tax-efficient. Here’s everything you need to know about company dividends.
�Contractors mostly run their contracting business through their own limited companies , wh�
Category:
Articles: Limited Companies
| Wed, 27 Apr 2016
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