Claiming Christmas expenses through your Limited Company
Claiming Christmas expenses through your Limited Company Can I claim Christmas party expenses through my Limited Company? The interest-free sofa adverts have started and the supermarkets are full of advent calendars, yes you’ve guessed it, it’s now officially Christmas. If you’re currently contracting within a corporate environment the annual Christmas party is probably a hot […]
Claiming mileage as an independent contractor
Claiming mileage as an independent contractor As a contractor, you’ll undoubtedly already be claiming expenses against your tax bill. However, one of the most common areas of confusion is that of mileage. Many contractors may wonder whether they would be better off purchasing a company car (when trading as a Limited Company) or whether claiming […]
Travel expenses 3 : Cars & motorcycle mileage claims
Car & motorcycle travel expenses for contractors Personally owned cars and motorbikes: Are you really claiming all the travel and subsistence expenses you are entitled to? In our eBriefs, Business Journeys & Subsistence Expenses, we examined the definition of a business journey, what can be claimed for as a cost of that journey, and some […]
Travel expenses 2: Subsistence expenses
Subsistence expenses for contractors Introduction: In our business journeys eBrief, we looked at what constitutes a business journey and what expenses you’re entitled to claim. In this eBrief, Intouch Accounting, the best contractor accountants, discusses the reimbursement of subsistence expenses. What options are available to contractors? What if you work late or start early… can […]
Travel expenses 1: Claiming business travel expenses
Claiming business travel expenses: a guide for contractors and freelancers Could you be missing out on claiming all your business expenses for travel? We all like to maximise our take home pay after tax and by far the simplest way is to claim all legitimate expenses to set against income. Generally, travel and subsistence costs […]
Travel expenses 5: Company cars
Company cars Travelling & Subsistence Expenses: Company cars In our previous eBriefs, ‘Travelling and Subsistence: Parts 1- 4’, Paul Gough, Managing Director of Intouch Accounting, provides online accounting advice for freelancers, looked at business journeys and how to claim the cost from your company of using your privately owned cars for business. We also looked […]
Travel expenses 4: Travelling and subsistence claims for contractors
Contractors’ guide to claiming motorbike, bicycle & van expenses Do you do your bit for the environment by cycling to work? Or do you commute by van or motorbike? In this eBrief, Intouch Accounting, the best accountancy services for contractors and freelancers, look at how to claim travel expenses when one of these alternatives to […]
Can I claim Christmas party expenses through my Limited Company?
Can I claim Christmas party expenses through my Limited Company? The Christmas season is officially here and contractors working in corporate environments can’t fail to notice that their salaried colleagues are gearing up for the company Christmas party. There’s no need for contractors to feel left out though. HMRC allows even the smallest Limited Company […]
What is a reasonable mileage claim for a contractor?
What is a reasonable mileage claim for a contractor? Many contractors need to drive long distances in the course of their work for clients. The costs of these journeys and maintenance of the vehicle used are legitimate allowable business expenses, but working out how to claim and what to claim for can get a bit […]
What can I claim for when using my home as an office?
What can I claim for when using my home as an office? For many Limited Company contractors it doesn’t make financial sense to rent out office space. Instead, a room or area in their own home is set aside for business use. This provides the convenience and flexibility of working at home on the tasks […]