Business Expenses

integro Business Expenses, Running Your Business

One of the most common questions are contractors ask is, what expenses can I claim? These plain English guides will help you understand what is a legitimate business expense. Know what you're looking for? Search below: Search Generic filters Filter by Custom Post Type Filter by Categories About Us Contractor Tax Business Expenses IR35 Advice Running Your Business Starting Up ...

Security cleared IT contractor guide to expenses

integro Business Expenses

As a security cleared IT contractor you’ll incur a number of expenses for the purposes of running your business. The total of these expenses can be offset against your overall tax liability. Working through a limited company is the most tax efficient way of trading. Limited companies are able to claim for a wider range of expenses than standard self-employed ...

A complete guide to limited company expenses

integro Business Expenses

Why claim expenses? As a limited company owner you’ll incur a number of expenses in the course of running your business. These expenses can be offset against your overall tax liability. You only pay tax on your profits, so by incurring more expenses you will lower your profits and the tax that you have to pay. This is why it’s ...

FAQs

integro Business Expenses

Why work through a limited company? Working through a limited company brings with it great flexibility in the way that you work and more often than not, significant tax efficiencies over other options such as umbrella solutions. More information to help you answer this question can be found at: To take the limited company route or not…. Can I still ...

Expenses – what a contractor can claim through their limited company

integro Business Expenses

Claiming expenses through a limited company is a worthwhile thing to do. The expense reduces the profit that you make and in so doing reduces the amount that is subjected to corporation tax. By putting your expenses through the company you are therefore reducing your company’s corporation tax bill. It is, however, essential to remember that as owner of the ...

Expenses for IT Contractors

integro Business Expenses

When opting to work through a limited company as opposed to an umbrella company you will benefit from the ability to claim a more generous selection of expenses to pay for the costs incurred from running your company. This ability benefits the company as it reduces the tax bill; you can pay for the expenses personally and have the company ...

A complete guide to limited company expenses

integro Business Expenses

As a limited company owner you’ll incur a number of expenses for the purposes of running your business. The total of these expenses can be offset against your overall tax liability. Limited companies are able to claim for a wider range of expenses than standard self-employed sole traders and this guide will breakdown what an expense is in the eyes ...