Does Eagle Umbrella have an HMRC Dispensation?
No – having a dispensation claim is of no benefit to our contractors or freelancers. An expense dispensation from HMRC does not mean that an umbrella company is ‘approved’ by HMRC. Nor does it mean that you can claim expenses without keeping receipts (contrary to claims by some umbrella companies). All it means is that the umbrella company is allowed to declare expenses on a P11D form without including receipts – which simply allows them to save on administration. You as the contractor or freelancer who is claiming the expense will still need to keep receipts to back up this claim or you face the possibility of being fined and penalised if your expense claim is challenged by HMRC.
