If you are from overseas and have not yet started work you may be able to claim many extra expenses through the relocation and living away from home allowance to reduce your tax bill.While UK contractors can claim back legitimate business and travel expenses.
The BITE and its Associate company offer the opportunity to be in a position to help minimise the tax you pay through legitimate relocation and living away from home expense claims in an “Umbrella PAYE” employment program that is unaffected by any IR35 or MSC legislation and any changes to visa rules for example.
These expenses include
The cost of your flight over to the UK
One return flight home per year
Cost of accommodation (rent) whilst living in the UK
£50 worth of food a week
BITE relocation support
*All expenses need to be receipted legitimate business expenses
Simply, it’s a Limited company that employs new contractors as full PAYE employees. It provides contractors with all the benefits of a traditional umbrella and most of a PSC without the initial responsibility of setting up their own company, yet increases net income (take home pay) by over 20%.It can then be “transitioned” to provide further income benefits. Once the contractor is comfortable with contracting, the company can be transitioned into a PSC, with all the traditional benefits of contracting through a limited company, and more.
Initial benefits include a reduced monthly tax bill and a complete relocation package: flights, accommodation, rent and food for up to 2 years plus weekly travel costs, to the value of £8000. These benefits can be increased by simple “Transition” into a PSC but with the added benefit of a full relocation package. Your TLC maximises both convenience and net income. We make it all so simple! Our services provide: no administration, just great net benefits!
Having completed a job search or CV marketing process you will have a job and be able to benefit from expense claims