Can anyone help me please - I have been contracting with my current client for 3 years of which the last 2 years i have been claiming expenses (moved home and now travel to client work place and stay in apartment during weekdays). I had believed you can claim 24 months expenses when you start claiming but now i have been told by a work collegue that it takes consideration of the whole contract length not just when you start claiming expenses.
What penalty will i incur from HMRC? Will they look to claim back the tax from the claim expenses (19/20% of the expenses cost) only or is there more penalties on top? If more on top, what is it?
What penalty will i incur from HMRC? Will they look to claim back the tax from the claim expenses (19/20% of the expenses cost) only or is there more penalties on top? If more on top, what is it?
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