As a contractor you have the right to claim for legitimate business expenses incurred
in connection with your work at a temporary workplace.
It is important for you to be able to enjoy this benefit, without worrying about
the hassle of correctly monitoring what you can claim for, and how much. At pulse
we are here to do the hard work for you. We will remain fully compliant with HMRC
legislation, and work with you to ensure that you are repaid for your legitimate
business expenses.
Our service is honest and above board and we will ensure that you receive what is
legitimately yours, without dragging you into any risky grey areas to try and beat
the system!
What can I claim for?
Typical examples of what you can claim for are:
- Travel: How you get to work is quite often your biggest expense
– hardly seems fair does it? Well this is where we can start to save you money.
Depending on how you travel you can expect to benefit from the following:
|
Vehicle
|
Rate
|
|
Car
|
40p per mile up to 10k, then 25p per mile thereafter
|
|
Motorbike
|
24p per mile
|
|
Cycle
|
20p per mile
|
|
Bus
|
Full amount claimable with receipt
|
|
Taxi
|
Full amount claimable with receipt
|
|
Train
|
Full amount claimable with receipt
|
|
Plane
|
Full amount claimable with receipt
|
- Subsistence: As a contractor you may be able to claim back the
cost of meals while working at your temporary workplace:
|
Meal
|
Rate
|
|
Breakfast (if leaving home before 07:30am)
|
£5
|
|
Lunch
|
£5
|
|
Evening meal (if leaving work after 19:30pm)
|
£20
|
- Overnight stay: If your role dictates that you have to stay overnight
away from home, you can also claim the costs incurred.
These are some of typical expenses that you may incur as a contractor, though they
are not the only savings. You can also potentially claim in the following areas:
- Car Hire
- Parking charges
- Associated travel costs
- Training and tuition
- Manuals and text books
- VDU eyesight tests for VDU users
- Professional subscriptions
- Office consumables and stationary
- Business telephone calls
Important to consider!!!
- All claims are for expenses incurred wholly, exclusively and necessarily in performing
your business duties.
- You will need to keep all receipts, HMRC state that we must regularly audit a selection
of claims each month. Should you be selected for audit and your claim is not supported
by receipts, we will not be able to treat your expenses as tax deductible.
- Costs incurred prior to joining pulse are not able to be claimed.
- You may only claim travel and subsistence costs for working at a temporary workplace.
That means you can’t claim any expenses in relation to a workplace where you
have worked (or know you are going to work at) for more than two years.
- Where receipts are required, originals must be provided.
How much can I claim?
Using the information provided on what you can claim, use our
online payment calculator to work out how much you may be able to claim
back.
How do I claim?
We have a quick and easy process in place to help you correctly process your expenses
claims. This is aligned to the way you submit your timesheets so that everything
is kept together at all times and we’re always able to pay you the correct
amount.