Contractor Expenses

Guide to Expenses and Travel

Former taxman Bob Jones explains how the time is calculated with regards to contractor expenses.

Checklist of allowable IT contractor expenses.

For IT contractors operating their own limited company, understanding the intricacies of tax-deductible expenses can mean the difference between just getting by and real profitability.

Charging expenses back to the client is common, but there are important ground rules that have to be followed if you wish to avoid falling foul of VAT regulations.

The general view of HMRC is that working for an agency does not qualify for travel expenses.

With an umbrella company, mileage and general travel expenses can be allowable.

If you are a contractor working through your own limited company and are outside IR35 then life is very simple.

Meal allowances are a valid expense for contractors – when it is a travel expense. To be allowable a meal allowance has to be an expense of travel.

The who, what and when of claiming expenses for training, by tax expert Bob.

Ex-taxman Bob Jones on the allowable expenses when working at home part-time.

Former taxman Bob Jones on how to make the most of relief on the road.

What you can claim and how – an overview for on-the-road contractors working for themselves.

Downloadable chart to keep track of your contractor business when it’s on the road.

Fifth in a CUK download series of 2-minute guides, by experts for IT contractors.

Umbrella's checklist of the most popular 'wholly, exclusively and necessary' expenses.

Contractors' Questions

Expert aid on the 24-month rule for an IT contractor going 'Ltd' to supply a previous employer.

Tips for IT freelancers on overseas contracts facing costs on non-business days.

Tax guidance for putting company purchases on your personal credit card.

Expert tax advice for IT contractors who buy equipment prior to incorporating.

Advice on expenses for an IT contractor in France travelling back to the UK each week.

Expenses aid for IT contractors asked to fork out for their own interview.

Accounting aid for a contractor with client receipts dating back to 2007.

Tax aid for a self-employed techie sitting on four years of allowable receipts.

Why an 'inspirational' trip for your freelance business won’t wash with the taxman.

Tax aid for when sole traders or limited company owners buy kit for their business.

Understanding the main types of costs you’ll incur is key to knowing what’s recoverable.

‘At-home’ consultants could shave 25% off their house’s running costs.’

‘On your credit card, out your pocket or from petty cash? It’s all the same to HMRC.’

Ex-taxman on what’s best for a cost-conscious contractor looking at Plan B.

Daily updating isn’t necessary if it’s the same road and role every day.

How contractors can still claim expenses when they don’t have receipts.

Timely advice for when ‘one for the road’ pushes you over the limit.

Expenses tips for an umbrella company contractor seeking relief on the road.

Umbrella company contractors are covered for kit, assuming it’s essential.

Start-up expenses for contractors can be recouped, but not unconditionally.

Latest Expenses News

Fresh attacks on contracting appear high on HMRC's resolutions list, writes former taxman Ray McMahon.

Revenue vows action against umbrellas and agencies bending wage or tax rules.

Quarter of the workforce on the make with meals, mileage and entertainment.

The state's heavy-hand could make umbrella companies 'unviable'.

Tax expert reminds how the self-employed unknowingly pop up on the Revenue's radar.

New laws may stop agencies and umbrellas fiddling temps' tax.