EXPENSES

Expenses

Project Manager Expenses

Most contractors find that they incur some expenses before their limited company has been formed or a company bank account opened. In this case it is possible to claim pre-incorporation expenses such as company formation expenses, equipment costs, travel costs, marketing costs, accountants fees etc however its important that contractors keep a record of all invoices and receipts in order to substantiate their claim.

This is especially true for pre-incorporation expenses because the expenses might not be in the name of the contractors company.