Author Message
HMRC ADMIN 79
Subject: Can you switch claiming methods 26/01/2018 15:09:21
Hi,

You can find out if the simplified expense method (tax relief on 45p per mile for the first 10,000 miles and 25p for over and above 10,000 miles) would save your business money against your actual costs by using the tool found here: https://www.gov.uk/simplified-expenses-checker

The way to switch would just be how you record the expense in your tax return at the end of the financial year.

Thank you

Anonymous
Subject: Can you switch claiming methods 26/01/2018 14:28:40
Accountant said I must keep all my petrol receipts for when I fill car up but I think that as I’m doing more and more miles on a weekly basis then I believe 45p will be better to claim, can use sat Mac for miles, will I just tell him I’m changing and do the sat nav way, better I think, less messy