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40% Expense Rule: FOLLOWUP
by jocksaway at 15:47 27/01/14 (Ask-Legal-Accounting)
Is the 40% threshold, 40% of total working time?
A follow-up question re: the 40% threshold.

Is the 40% threshold applied to the total number of hours you are working for your client(s)?

An example, I have 1 main client, for whom I do with 3 days onsite & 2 days from home office + 2 another clients which between them generate me the equivalent of 3 days work a week (weekends + evenings + 'holidays') on average. Work for these clients is all from home office.

Therefore, I am billing for 8 days a week on average and only on clients' sites for 3.

If the equation is % of time per client, then I am above it i.e. 3/5 days for main client but if it's % of total working time it's 3/8 which is below it.

--
jocksaway

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40% Expense Rule: FOLLOWUP jocksaway - 27/01
    Re: 40% Expense Rule: FOLLOWUP Bob Jones - 24/01
 
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