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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HMRC IR35 – Draft Finance Bill July 2019

HMRC have released the draft Finance Bill 2020 which includes amendments to the off-payroll working rules which are due to come into force from April 2020.  The draft Finance Bill includes amendments to the Income Tax (Earnings and Pensions) Act…

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IR35 Inside Outside Determination Advice

IR35 – Off Payroll Working in the Private Sector

What has changed? Until April 2020 it is the contractor’s responsibility to determine whether they are operating inside (also known as caught by) IR35 or outside IR35. If the contractor makes the wrong determination then their personal service company is…

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IPSE Policy Conference

The Summer Budget 2015: Changes that Specifically Affect Contractors

The Chancellor George Osborne gave his Summer Budget 2015 earlier this month in which he made a number of announcements about changes the Conservative Government are planning. Today, we take a look at the changes that specifically affect contractors. Whilst…

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