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    • jennifer201386
    • By jennifer201386 9th Apr 18, 7:27 PM
    • 10Posts
    • 0Thanks
    Self employed mileage
    • #1
    • 9th Apr 18, 7:27 PM
    Self employed mileage 9th Apr 18 at 7:27 PM
    I am self employed and work part time
    I was just wondering is it a legal requirement to declare my mileage expenses on my tax assessment or is it up to me ?
    And I was also wondering in reference to universal credit, if you donít meet your minimum floor for a particular month, do you think you will be asked to increase hours, earn more money or will they just base your universal credit payment on the minimum floor and send you on your way ?
Page 1
    • Oddjob
    • By Oddjob 14th Apr 18, 8:11 PM
    • 455 Posts
    • 137 Thanks
    • #2
    • 14th Apr 18, 8:11 PM
    • #2
    • 14th Apr 18, 8:11 PM
    I can't help with the UC question as I don't know anything about that.

    As for not claiming mileage expenses on self assessment tax form, I can't understand why you wouldn't want to. It would bring your earnings down so be better if you were having to pay tax which you perhaps aren't due to only working part time.
    I only work part time and rather than have to claim for petrol, tax etc then work out the percentage of business miles to personal. I just keep a check of how many miles I do for business then claim it as mileage - so much tax relief per mile, can't remember exactly what it is but something like 46p, it tells you in the self assessment instructions.
    • maisie cat
    • By maisie cat 14th Apr 18, 9:01 PM
    • 631 Posts
    • 759 Thanks
    maisie cat
    • #3
    • 14th Apr 18, 9:01 PM
    • #3
    • 14th Apr 18, 9:01 PM
    I do not believe that failing to claim an allowable expense is a problem as far as HMRC are concerned. However, falsifying accounts to reduce net income and claim higher benefits might be a problem as far as whatever agency deals with universal credit is concerned
    • sheramber
    • By sheramber 14th Apr 18, 11:12 PM
    • 5,869 Posts
    • 4,448 Thanks
    • #4
    • 14th Apr 18, 11:12 PM
    • #4
    • 14th Apr 18, 11:12 PM
    why the second post a few hours after the first?
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