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Is it worth contractors buying a company car?
Even with efficient, low emission cars, most contractors are better off claiming private mileage, says Phil Richards of accountants Blevins Franks.
�to and from their client’s site and use their own contracting limited company have the option of buying a compa�
Category: Articles: Expenses | Tue, 27 Jan 2009

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

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

Temporary workplace rules for contractors
Contractors must comply with temporary workplace rules to qualify for travel and subsistence expenses plus tax deductions when travelling to clients.
�fixed term appointment rule – single, standalone contracts The fixed term appointment rule can potentially p� �company’s head office, working on a time-limited contract on the client’s site would appear to qualify as b�
Category: Articles: Expenses | Wed, 21 Aug 2013

Contractor guide to the tax treatment of loyalty schemes and benefits
Contractors can personally ‘spend’ loyalty points from business purchases without a benefit in kind tax charge, explains James Abbott of Abbott Moore.
�ints using a personal loyalty scheme account, the contract employee owns the points, not the employer, which�
Category: Articles: Expenses | Sun, 22 Apr 2012

Contractors can use offset mortgages to save tax
With the credit crunch biting, and mortgage companies removing special offers, contractors can still use offset mortgages to get the flexibility they need.
�vice. "You can take a break from payments between contracts, or away on a long holiday, and then when you sta� �is easy explains the expert: "We have negotiated contract based underwriting with many of the main provider�
Category: Articles: Mortgages | Thu, 12 Jun 2008

Contractor mortgages - Mortgage Market Reviews (MMR) explained
Contractors using expert mortgage brokers who understand contracting should be relatively unaffected.
�of their current CV so the lender can view their contracting history Two forms of ID, such as a passport and d� �not need to provide bank statements, accounts and contracts. Contractors can no longer benefit from fast-trac� �ractors mortgages based on their gross annualised contract rate, so in many respects it is business as usual�
Category: Articles: Mortgages | Mon, 28 Jul 2014

Contractor mortgages: a guide to mortgage options
Contractors can access the same range of mortgage deals via specialist brokers as those offered to employees
�ailable, see the Contractor Calculator article, “ Contracting and mortgages: contractor mortgage products .”� �ordability calculations that are applied to gross contract values. The lender will want to see a signed copy�
Category: Articles: Mortgages | Wed, 04 Feb 2015