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Ltd Co Mileage
MickKnipfler
Posts: 1,983 Forumite
If my Ltd Co pays me a substantial amount of mileage, what records/proof do I need to keep?
I would assume a log of all mileage but do I need fuel receipts or MOT/service records?
I would assume a log of all mileage but do I need fuel receipts or MOT/service records?
0
Comments
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Im not sure but ask your accountant how he needs it.Kind Regards
Bill0 -
I just keep a log, and my accountant is happy with that.
If you're VAT registered and you're not on flat-rate VAT, you'll probably want to keep fuel receipts too, since you'll need them to reclaim some VAT I think.0
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