Fully understanding the tax laws that govern expenses in the UK is no easy task. Our resident expert and ex-HMRC inspector Bob Jones runs through the basics.
UK contractors will always incur business expenses related to their trade or profession. This is why we have dedicated an entire section to this subject.
An overview of the current expense legislation
Workers who move from employer to employer
Fixed term appointments
Moving from site to site within one employment
Expectation/likely to move/likely to remain
Agency workers
Umbrella Companies & PSCs
Can I claim reimbursement from HMRC?
Record keeping & Dispensations
The 40% Rule & The 24 month rule
Transport provided but used own vehicle
Reimbursements based on mileage
As well as the list above, we have also covered expenses in our Contractor FAQs and Umbrella Resources section. If you still have questions, please visit our freelance forum where help is at hand. Remember, you can always sign up to our freelance directory and showcase your services online.