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Self-Employed Travel expenses
Thrifty_2
Posts: 111 Forumite
in Cutting tax
I am self employed and have a car for work i know i can not claim travel expenses to and from my place of work but i can claim for journey's work related ie deliveries, fetching stock etc is there an overall percentage you can claim from the total amount at the end of the year. If not how do you calculate it.
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Thrifty wrote:I am self employed and have a car for work i know i can not claim travel expenses to and from my place of work but i can claim for journey's work related ie deliveries, fetching stock etc is there an overall percentage you can claim from the total amount at the end of the year. If not how do you calculate it.
Every business is different so, no, there is no percentage. HMRC will expect you to keep mileage logs showing your business journeys. The % of business as opposed to the total mileage driven will be the allowable %.0
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