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Concerned about self assessment
raphael1979
Posts: 2 Newbie
in Cutting tax
Hello,
I need some help to put my mind at rest.
I started working as a courier last February but am technically self-employed so have to do tax/ni myself. I am subcontracted to a company who pay me a drop rate per item that I deliver. I use my own car for work and personal use, though mainly (90/95%) for work. I have kept all my diesel receipts but am concerned that I am spending a lot of fuel and am not sure how much i can claim. This also is the situation for paying for the vehicle, insurance, services, tax etc. Can i claim the percentage of the usage for work against tax? I hope this makes sense..
I need some help to put my mind at rest.
I started working as a courier last February but am technically self-employed so have to do tax/ni myself. I am subcontracted to a company who pay me a drop rate per item that I deliver. I use my own car for work and personal use, though mainly (90/95%) for work. I have kept all my diesel receipts but am concerned that I am spending a lot of fuel and am not sure how much i can claim. This also is the situation for paying for the vehicle, insurance, services, tax etc. Can i claim the percentage of the usage for work against tax? I hope this makes sense..
0
Comments
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You can either claim 45p per business mile, or you can tot up all of the car costs and claim a proportion which you estimate relates to the business usage (and capital allowances).
You need to work out which would be better for you0 -
raphael1979 wrote: »Hello,
I need some help to put my mind at rest.
I started working as a courier last February but am technically self-employed so have to do tax/ni myself. I am subcontracted to a company who pay me a drop rate per item that I deliver. I use my own car for work and personal use, though mainly (90/95%) for work. I have kept all my diesel receipts but am concerned that I am spending a lot of fuel and am not sure how much i can claim. This also is the situation for paying for the vehicle, insurance, services, tax etc. Can i claim the percentage of the usage for work against tax? I hope this makes sense..
Hi raphael1979,
I had a parcel delivered by someone apparently doing your job.
He phoned ahead to check I was at home and he had indeed identified me correctly on his Sat Nav. Smooth efficient delivery, and I thought why cannot (say) Parcel Force work like that, rather than dump a "while you were out........" card in my mail box.
I am semi retired and the owner of a reliable but ageing diesel estate.
If it is not too intrusive a question to ask, what effect has you venture had on the cost of your car insurance?0
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