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MyCo has been doing well over the last few years so it is accruing monies which I don't need to spend just yet. As I see it MyCo pays the CT on the profit but I don't take the dosh - why pay 40% income tax on it to put it in an ISA @1.8% interest? Are there any rules or limits on doing this?
I started a contract in December 2012 and had my contract reviewed at that time. It was passed and I also have a confirmation of working agreements signed by the end client. I have extended my contract a couple of times and have just been asked again.
If a company has a well written contract and good working practices that keep it outside of IR-35, is it possible to claim expenses (e.g. travel & accom) beyond the 2 year period. Most contractors I know believe they can claim for 2 years max, then it's lost until they move on.