Free Guide to Expenses For Limited Company Contractors

One of the benefits of working as a limited company contractor is the opportunity to claim tax relief on a wide variety of business related expenses. This guide will help give you a better understanding of how expenses can affect your tax bill and examples of what is and is not classed as an expense.

What's in the guide?

• What is a business expense?
• What types of business expenses can I claim as a contractor? 
• Expenses relating to a temporary worksite     
• What expenses you can claim in relation to a temporary worksite
• Other business expenses you can claim  

RUNNING A LIMITED COMPANY

Running a business as a limited company can provide an ideal foundation on which to grow and give yourself a solid legal and financial base to build on. It’s exciting and inspiring, and brings with it the potential for great financial rewards as your business grows.

Setting up and running a limited company is not a decision to be taken lightly. Because establishing a company is a legal process and your company itself will be a separate legal entity, it entails a greater level of responsibility and commitment. However, running a limited company does bring a number of benefits.

Why Brookson?

For over 20 years, we’ve provided accountancy, tax and support services to over 90,000 contractors, freelancers and self-employed professionals - it’s what we specialise in and it means we’ve been able to develop a unique service that is innovative, friendly and easy to use.

• Know your tax position when you need to – with daily* updates from Brookson
• Know how much you can safely withdraw from your business, without spending the taxman’s money
• Realise your earning potential – now and for the future, with advice on pensions, investments and wealth planning
• Benefit from FREE and unlimited employment status reviews (IR35)
• Get support every step of the way
• Specialist Advisors available 6 days a week†