What is the 24 Month Expense Rule?

As you may already know as a director of your own limited company you may incur business-related travel expenses but what isn’t commonly known is the 24 month rule which specifically relates to travel and related subsistence expenses. The purpose…

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Recent Case Underlines Importance of Retaining Evidence of Expenses

Contractors can improve their returns by ensuring that they maximise the expenses they claim from their company. Allowable expenses range from travel and meals, to telephone and computer costs, to a portion of household bills when working from home, with…

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