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.
Contractors can claim expenses for using a bicycle or motorcycle for travel
Contractors can claim mileage allowances for using their bicycle or motorcycle to travel to and from work. However, there is no tax relief for the purchase of the bicycle or motorcycle.
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.
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.
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.
How can contractors identify deductible contracting expenses?
Barry Roback of JSA Group shares with ContractorCalculator his insights into what constitutes a valid deductible expense for contractors, in the face of increased scrutiny by HMRC of what some contractors are claiming.
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.
New rules for contractors using company cars
Authorised Mileage Allowance Payments have remained unchanged since 2002, yet the price of fuel has almost doubled in that period. HMRC have announced that new rules will apply to company car drivers from 1 July 2008.
Contractor start up expenses that can be claimed
All the expenses you can incur on start up and what can be claimed.
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.
Contractors and umbrellas see no challenge in expense handling
There is really no difficulty for contractors in handling expenses with their umbrella companies. Just document all your expenses, and don't cheat.
How to charge expenses back to your client
Have you incurred expenses that need charging back to your client?
Contractors should be aware of new taxi rules
The new rules regarding taxi expenses only affect contractors under very specific circumstances.
Contractor expenses could become the next major issue
Abuse of contractor expenses could become the next major issue for the Revenue.
Contractors can take reasonable home business deductions
With recent changes to tax practice, contractors who really use their homes for business can deduct more expenses from their taxes.
Travel and fuel expenses for contractors
Most contractors can take travel and fuel expenses, but the Revenue is out to stop those who work for umbrella companies from doing so.
Dispensation and why contractors cannot claim expenses without receipts
Explains the Inland Revenue expenses rules, what an Inland Revenue Dispensation agreement means, and why you cannot claim without receipts.
Claiming contractor expenses for use of home as office
Discusses if claims should be made for use of home, what the rules are, and what can be claimed.
Buying a company car - is it worth it?
Should you buy your own car and charge it to the company, or purchase it as a company car through the company?
Valid expenses as a contractor - what you can claim
We describe in detail what expenses are allowed to be claimed when you are contracting.