Tax Questions Help...

Taxquestion

Just wondered if anyone could help please...


It's been a while since I have had to do a SA.

Here's the situation...


Worked on a self emplyed basis for a Loan Company.

I was covering between 250 and 400 miles a week in a car hired from the company but using my own money for Fuel.

What can I claim for the fuel?

I did my invoicing and paper work at home.

What can I claim for using my own home?

I borrowed money from the company to buy a car in the beginning to do the job but this unfortunately blew up a few days later hence the need to hire a car.

What can I claim for this? Will it be put down as a loss and do I claim the whole Loan amount or just the interest charged?

Obviously had to eat every day whilst at work?

What can I claim for food?

Obviously had to wear clothes.

What can I claim for this?

So to finalise...

What do I claim for travel / fuel expenses?
What do I claim for home use?
what do I claim for food? (if any)
what do I claim for clothing?

and if there is anything else I might of missed that you can think of please post in your reply.

Many thanks in advance for your help.

chrismac1

If this was a genuine self-employment, you can claim:

1. The fuel as a business expense.
2. Capital allowances on the car you bought.
3. Food is personal unless you were on overnight stays away from home.
4. Use of own home - probably £3 per week, I'll PM you something on this with more detail.
5. Clothing - only if the nature of the work required protective clothing - there are agreed rates for certain trades such as construction work.

Taxquestion

Thank you for your reply...

How much do I claim for the fuel allowance?

Can you explain the Capital Allowance Part please?