I'm currently working on a 3 month contract using an umbrella company for tax, payroll, etc. The umbrella company allows me to submit expenses of £30/day (unreceipted) plus the cost of transport to & from work (receipted). I asked them if I could buy a computer and claim it on expenses and they said I could but I would need a letter from my line manager motivating the purchase, saying it was required for my job. I would then be able to claim the cost on my year-end assessment in December 2009. Can someone please confirm if I have to wait that long & if there's anyway to have the cost returned earlier ie. while I'm still on my contract. (My contract started in end of June and finishes end Sept). Thanks.
"Stephen2" wrote in message news:1189774825.615876.100500@o80g2000hse.googlegroups.com... I'm currently working on a 3 month contract using an umbrella company for tax, payroll, etc. The umbrella company allows me to submit expenses of £30/day (unreceipted) plus the cost of transport to & from work (receipted). I asked them if I could buy a computer and claim it on expenses and they said I could but I would need a letter from my line manager motivating the purchase, saying it was required for my job. I would then be able to claim the cost on my year-end assessment in December 2009. Can someone please confirm if I have to wait that long & if there's anyway to have the cost returned earlier ie. while I'm still on my contract. (My contract started in end of June and finishes end Sept). Thanks. You can't claim unreceiptable expenses. The umbrella simply doesn't have to put it on the P11D but you ned to prove you've incurred the expense in the event of a tax investigation. If you're claiming £30 a day and not actually spending it that's tax evasion and your next colleagues will be called Bubba and will make you their wife. HMRC don't like tax evasion. As to the computer, you're an employee of the umbrella company so it's more or less down to their policy. Would you need to purchase the new computer purely for business use? If not you can't claim it as an expense. But all that is in the broadest terms. You need lots more reseeach.
