How to claim software expenses as an IT contractor
If you’re a limited company IT contractor, most software costs can be offset against your company’s profits to reduce its Corporation Tax bill.
If you incur expenses as a result of carrying out your contract work, you may be able to offset these costs against your company’s Corporation Tax bill – if you run a limited company.
If you’re an umbrella contractor, the scope to claim expenses has been greatly reduced over the last few years, particularly if your work is caught by IR35.
To get started, look at our complete list of limited company expenses.