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Rental Property Income

Q. My clients are husband and wife and they jointly own a rental property that qualifies as a Furnished Holiday Let (FHL). I have always split the rental income 50/50 on their Self Assessment Tax Returns despite that fact that the husband i...

An Option to Tax can’t apply to a residential building, can it?

Although it is common to refer to a property when notifying an Option to Tax (OTT), an OTT actually applies to the land and includes the building standing on the land. It also applies to any buildings that are subsequently built on that lan...

Part and Parcel

Q. I understand under the "part and parcel" that contractors should not be subject to performance reviews, and thankfully for myself this is the case. However, I've been asked if I can give general feedback on an employee that I work alo...

Can I claim travel expenses?

Q. I am a contractor and have a Ltd, I have always claimed travel expenses to interviews, conferences etc as long as they are related to my business. I have asked my accountant, to be sure, and they said travel to an interview cannot be ...

Brexit for Software Consultants

Q. In the event of Brexit happening (both May's deal and no-deal), what will the impact be on supplying software consultancy/dev services to clients in the EU compared to now? A. Brexit has created uncertainty for contractors in the Unit...

Disguised Remuneration Schemes – Registering for Settlement

Q. I am affected by the loan charge & recently came across the fact that any information pertaining to contract loans had to be submitted by Sept 2018. I have since contacted the HMRC and I am will be providing them with details of my c...

Loan Charge – Settlement Agreement

Q. Good day I am affected by the loan charge & recently came across the fact that any information pertaining to contract loans had to be submitted by Sept 2018. I have since contacted the HMRC and I am will be providing them with detail...

Does the 24 Month Rule Apply?

Q. Does the 24th month rule apply to a director of a limited company who is a contractor outside IR35? First contract only for 6 months, same location from home to client 5 times a week. ? What about food? I have heard so many various theor...

Self-Assessment Tax Return

Q. In 2017/18 my client worked via their Limited Company and the contract was within the Public Sector so have been subject to the off payroll rules. When I complete his Self Assessment Tax Return I shall include the P60 details on the Empl...

When working for a public sector client, is it the client’s decision to assess whether I am outside IR35 or not?

Q: When working for a public sector client, is it the client's decision to assess whether I am outside IR35 or not? Suppose the client tells me that I am outside IR35, but later HMRC investigate and decide to find me inside. Who is no...

Third Party Contracts and Insurance

Q: I have recently contracted to a Government quango via a third party that taxes me, the department insists that all contractors are inside IR35, but as a result, I have no cover for professional and public indemnity should I give wrong ad...

Do IR35 rules apply for clients overseas?

Q: I'm a UK resident, with a UK Limited company. My clients are exclusively in the US and overseas. Do IR35 rules apply, or only if the client is based in the UK? A: As both you & your limited company are UK resident, then the IR3...

Does IR35 apply to non-UK residents?

Q. Hi, If I'm planning to start working as an IT contractor for UK based client. I got my LTD company registered already. However, my plan is to work from European countries remotely. Can I still be eligable for IR35 this way? A. You don...

Contractor insurance for less than 12 months?

Q. I'd like not to have to be locked into an annual contract for my business insurance (limited company, working in financial services). Can you recommend any suppliers who offer a rolling monthly contract? A. We aren’t aware of any p...

What travel expenses can I claim?

Q. As a contractor working in London, but living 4 hours away I often work from my home office and then travel down to London staying overnight for say 2 nights per week. I therefore incur expenses for fuel, train, hotel and subsistence, wh...

Am I in breach of contract?

Q. My company provide design engineering services to a large automotive supplier company. The new manager, previously a person providing the same service to the same company is insisting on me working 0830-1700 Mon-Thu and 0830-1300 Fri. Pl...