Using the iBalance services allows you to claim tax deductible expenses.
How do I claim expenses?
The quickest and most convenient way of claiming expenses with iBalance is by using the secure contractor website.
If you don't have access to the Internet you can complete an Expense Claim Form and return it to us by post/fax.
There are two types of claimable expenses:
- General Expenses -
which are allowable for most contracts, we simply require you to send us the receipts (except in the case of mileage allowance and personal Incidentals).
- Contract Specific Expenses -
which may be claimable, if required by your contract. *
* To ensure that these are specifically required for your contract we require confirmation - either that they have been written into your contract or we have received written confirmation from your agency/end client.
What expenses can I claim?
General Expenses
Contract Specific Expenses
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Expense Claim Case Studies
A contractor commuting each day to a site from home.
A contractor staying in accommodation during the week.
Receipts
Please post receipts to the following Freepost address to arrive within 14 days, including your name and your online username (eg. 'SampleJ') as a reference:
iBalance
FREEPOST BS8110
Arcade Chambers
Bristol BS8 4ZZ
We recommend you take copies in case receipts are lost in the post.
However, if you are sending a significant quantity, you may want to consider sending them by recorded delivery.
Please click here for full details of our receipts policy.
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