Benefits
Join IFL and you can benefit directly in four ways:
1. Increase your net income – by taking full advantage of the Inland Revenue approved expenses scheme you can claim tax savings savings of as much as 20% of your gross income per year from:
- Business travel (inc to/from office & parking) 40p per mile for first 10,000 miles. 25p per mile thereafter – use of own car
- Un-receipted Subsistence (up to £10 per day)
- Mobile phone bills and internet access
- IT training/ IT equipment (PC software)
2. Reduce your administrative workload – we carry out the following administrative tasks for you, giving you more time to concentrate on building your business:
- Invoicing, payment allocation and credit control
- Payroll operation and salary payments
- Expenses processing and reimbursement
- All company VAT, Corporation Tax and Companies House returns
Saving you a potential £1,000 in bookkeeping and accountancy fees. And no need to chase those unpaid invoices – we do it all for you.
3. Improved insurance & indemnity cover – we know how important it is for you to have sufficient insurance and related covers and our policies are carefully selected for their generous covers. Should you be in a position to require additional protection then we can arrange this for you. Contact us to discuss your personal needs.
- Employers Liability Insurance
- Public Liability Insurance
- Professional Indemnity Insurance (£100,000)
Saving you at least £1,150 in policy fees alone!
4. Access to additional group health and financial services & products – as an IFL Management employee you can also take advantage of major savings on a range of private healthcare and medical insurance schemes as well as bespoke contractor mortgage services and generous life assurance policies. Coulson Pritchard.
