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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

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

Penalties incurred for late filing of forms
Running a limited company for contracting means you need to file certain forms each year, or else you could face sizeable penalties costing thousands.
�director of your own limited company to run your contracting means you are subject to company and tax law. If�
Category: Articles: Limited Companies | Thu, 15 Jun 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

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

Transferring shares within a contractor limited company
Splitting shares in a contractor limited company can mitigate tax liabilities, but there can be pitfalls, as Phil Richards of Blevins Franks explains.
�ose to split the ownership of the shares in their contracting limited company between themselves and their spou�
Category: Articles: Limited Companies | Fri, 13 Mar 2009

Hiring a temporary resource – option and issues to consider
Options and issues to consider when deciding to hire a temporary resource.
�for secretarial/administrative functions) or on a contract basis, which commits the agency and worker to wor�
Category: Articles: Limited Companies | Fri, 27 Jul 2007

Opening a company bank account
Advice and guidance for choosing and opening a company account.
�mind your current bank knowing about your future contracting career. When you set up the account you will need�
Category: Articles: Limited Companies | Fri, 03 Aug 2007