You may NOT claim expenses relating to travel and subsistence for a place of work that you have been attending, or know you will be attending for more than 24 months.You may NOT claim for expenses incurred prior to joining Nopalaver Umbrella Ltd.You may only claim expenses incurred during the period you are claiming.You may only make one claim per period (i.e.All claims must be for expenses incurred wholly, exclusively and necessarily in performing your employment/assignment duties.To ensure your expense claims are processed and paid as quickly as possible, you need to make sure of the following: Your expenses are NOT paid in addition to your income. As a result, you benefit from a reduction in the amount of tax and national insurance you pay. The amount of non-billable expenses you claim is deducted from your gross income, which reduces the taxable amount your salary is based upon. This kind of expense can only be claimed in accordance with HMRC tax rulings. the cost of travel to a temporary workplace. Once received, these will be reimbursed to you tax free, provided they meet the criteria on the following pages.Ģ) Non-billable expenses: You incur non-billable expenses while you are performing the duties of your assignment – e.g. The agency/client will usually verify these expenses with the appropriate sources and remit the amount to Nopalaver. These will need to be submitted to us in a detailed manner and Nopalaver will raise an invoice for the amount. Nopalaver Umbrella Limited allows contractors to claim two types of business expenses:ġ) Billable expenses: Billable expenses are those expenses incurred on behalf of the client that your agency/client has agreed to reimburse. It is important to remember that claiming for expenses that you have not incurred would be viewed by the Inland Revenue as tax evasion. To ensure all your claims are valid, we aim to check and verify expenses according to HMRC tax rulings. We must comply with the law when accepting and processing them. HMRC tax law is very strict in the definition of expenses that can be claimed. Expense Guidelines What are tax deductible expenses?Ī tax deductible expense is a cost you have incurred wholly, exclusively and necessarily in performing your employment or assignment duties.
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