Do I go bankrupt again?

DCFC79

piper89 wrote: »

You tried to milk the system and got busted due to your own greed and stupidity you might get more than a fraud marker for this one...........


As for the milage, yes, i travelled 96 miles a day to and from home to work (48 miles each way ) for pretty much the whole year, although i have allowed for approx 20 days a month (subtracting weekends).

In the process of moving i lost my fuel receipts, but i can still prove where i worked and that my car clocked up alot of milage.
by bradztheman” sorry but you need to step up a gear in terms of your care and attention to your records. If HMRC ever challenge you to prove your expenses claimed them they will want to see a mileage log listing every single business trip you made. Simply stating it was a round sum per day for x days is inadequate. As per the links I gave you, you are expected to keep your records!

“ Looks like they are going to end up owing ME more money looking at how my milage has worked out, last years rebate came to £3500, thats with my 20% personal allowance of £2000 automatically, but i worked out the milage originally to only claim 20% of the £7000 total that ive got, someone told me i could only claim a percentage of that, looks like they were wrong as ive now been told by a couple of people i can claim the whole lot.
by bradztheman”
there is no such thing as a "20% personal allowance". Either you are badly wording yourself or you have made a complete mess.

as I explained above the self employed calculate their net profit, they do not claim tax relief on their costs incurred. It sounds like you need an accountant to go over your books and check what you are doing, although of course as you have lost your records that may prove rather hard ? Last edited by booksurr; 13-12-2016 at 11:26 AM.

Just 1 point, use the quote option, much easier to read if you use the quote option.