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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Tax Fact Card 2019/20

Our updated tax fact card for the 2019/20 tax year is now available to download, simply follow the link below: Download 2019/20 Tax Fact Card For a printed copy, please contact your accountant or email marketing@icsuk.com to request yours and we’ll…

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John Lyon, managing director of Lancaster-based contractor accountancy firm, ICS

Update following the Autumn Statement

George Osborne kept his cards close to his chest in the Autumn Statement ahead of expected reforms to taxation of temporary workers. In his speech there was no mention of travel and subsistence tax relief or IR35 however the devil…

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