Hi, I am with an umbrella company, I submitted a weeks expenses .. only mileage it came to £80, on my pay slip it said, expenses allowed £80, but when I compare it to last week’s payslip I actually only received £36.72 and my holiday pay had also reduced, I don’t understand I always thought expenses were deducted at source, am I wrong to think that ?
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Strange Expenses payment
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Originally posted by Virtual Lover View PostHi, I am with an umbrella company, I submitted a weeks expenses .. only mileage it came to £80, on my pay slip it said, expenses allowed £80, but when I compare it to last week’s payslip I actually only received £36.72 and my holiday pay had also reduced, I don’t understand I always thought expenses were deducted at source, am I wrong to think that ? -
Thanks for the reply I now understand.
but..
If I had my own Ltd company would I pay myself full expenses first before I calculate the rest of my salary ?Comment
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Originally posted by Virtual Lover View PostThanks for the reply I now understand.
but..
If I had my own Ltd company would I pay myself full expenses first before I calculate the rest of my salary ?Comment
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Originally posted by Sockpuppet View PostYes, but when the chips are down you're still only better off to the tune of the tax you saved.Comment
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