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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
How to prepare an invoice - examples and templates
How to prepare an invoice. Examples and templates.
�choose an accounting firm who specialises in the contracting industry - see our 10 tips for choosing an accoun� �s could result in the client claiming a breach of contract . The first step is to speak to the client, befor�
Category:
Articles: Limited Companies
| Mon, 06 Nov 2017
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
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
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
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
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
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