Guide Expenses
Business expenses: What IT contractors can and cannot claim from HMRC
An unpacking of the nuanced world of contractor expenses, including four you think are allowable but aren’t.
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What you can claim, and what HMRC pushes back on. 100 articles, newest first.
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Contractors' Questions Expenses
Contractors’ Questions: With an end-user not paying travel costs, is it more tax-efficient to claim via self-assessment or have the PSC pay?
A recap on Mileage Allowance Relief for few-days-a-week workers, not being reimbursed for getting to the job.
Guide Expenses
When a £1,000 fee for a LinkedIn guru can and can’t be a limited company expense
For the purpose of trade? And primarily for business purposes? If ‘yes,’ and with some PSC-focused phrases, your new profile is allowable.
Guide Expenses
Working from home? Here’s how to claim energy costs as a home-based limited company
The dos and don’ts when using HMRC’s ‘reasonable method’ to claim a chunk of your house’s utility bills.
Guide Expenses
Claiming expenses: What contractors need to know to save money
On top of the principle expenses contractors in a PSC can claim, add these 14.
Guide Expenses
How to create an expenses reimbursement policy for contractors
The admin side to the most complicated of business expenses, and how it could save you if an inspector calls.
Guide Expenses
A contractor’s guide to reimbursed expenses
Whether it’s your end-client or agency doing the reimbursing, be aware the sum cannot simply be regarded as tax-free.
Guide Expenses
Can limited companies claim ChatGPT Plus or MS 365 Copilot, as a business expense?
Like any other software, AI tools need only pass the ‘wholly’ and ‘exclusively’ tests to be tax deductible.
Contractors' Questions Expenses
Contractors’ Questions: Can I claim an internet extension socket as a company expense?
A director seeking faster home-broadband gets the green light, assuming supplying clients is the main motivator.
Contractors' Questions Expenses
Contractors’ Questions: Can I claim a smartwatch as a company expense?
Top tips for limited company directors who don’t want HMRC to clock their wrist device.
Contractors' Questions Expenses
Contractors’ Questions: Can my limited company claim professional indemnity insurance?
Explainer on expenses for contractors needing to outlay for items they didn’t factor in, like cover.
Guide Expenses
Are the costs of eye tests and corrective glasses tax-deductible?
Overview for directors looking to put vision on the company without (HMRC) complications.
Guide Expenses
Can I claim tax relief for professional fees, subscriptions or memberships?
Overview to getting back what can be an overlooked monthly or annual cost for contractors.
Guide Expenses
Claiming computer hardware and software expenses via your limited company
Overview of HMRC expenses rules for reimbursing yourself on technology purchases.
Guide Expenses
Can contractors claim expenses without receipts?
The answer to this popular query by PSCs is a reassuring ‘yes.’ But be across many considerations.
Contractors' Questions Expenses
Contractors’ Questions: Can I claim my flights to the client site as a business expense?
Tax tips for a contractor whose home-based role requires two trips to the Middle East.
Contractors' Questions Expenses
Contractors’ Questions: When are Paris business trip costs a legitimate business expense?
Overview of tax deduction rules for roaming staff, self-employed workers and PSCs.
Guide Expenses
Can I claim for pre-trading expenditure from my limited company?
To unlock start-up reimbursements, remember the key cuts-offs: four years, seven years, six months.
Contractors' Questions Expenses
Contractors’ Questions: Is an Apple One Premier Subscription an allowable company expense?
A contractor needs to make clear it’s the 5-device coverage that’s ‘wholly’ necessary; not the add-ons.
Contractors' Questions Expenses
Contractors’ Questions: Must I be furloughed for my training course to be tax-deductible?
It’s the 'wholly and exclusively' test that matters, whether you’re using the CJRS or not.
Contractors' Questions Expenses
Contractors’ Questions: Are HMRC’s Christmas party rules really this generous, and can I bring a friend?
An Xmas bash of family members and mates costing a small fortune is indeed reimbursable, but beware other problems.
Contractors' Questions Expenses
Contractors’ Questions: Can I expense new office items now my partner is working from home too?
‘Agree to the purchases for a peaceful lockdown – just don’t put them on your PSC unless you want to hear from HMRC.’
Contractors' Questions Expenses
Contractors’ Questions: Can I expense a CV and LinkedIn review?
It’s got to be all business (not personal), if you put a résumé and profile on your company.
Contractors' Questions Expenses
Contractors’ Questions: Will Christmas party tickets exceeding £150 be a tax-free expense?
How a dinner-accommodation package priced at almost £300 is still tax deductible.