Clean It Up
UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: duncan h on January 20, 2016, 09:26:33 pm
-
What mileage log do you use, or do you just write it in a book. Its a pain in the arse. We used to just deduct a % for personal use, from the claimed petrol.
-
I'm just a percentage. Think it's 90% my accountant does, as I have a seperate car too.
-
Do mine in a pocket book use 1 month per page keeps it easier . work out % of use for work and use that for all motoring costs
-
I just claim 90% for business use. I tested it a couple of time and that may even be in their favour.
Van is my only vehicle.
-
One accountant I visited said, you have to log every time you go in the van. Mileage, where to and for what. WHAT A PAIN.
The fine is £2500. That's £5000 I am in debt :)
-
That can't be right mate, I don't even keep at track of my mileage, only person who takes my mileage is mot centre.
Never been asked for mileage in over 10 years with this accountant.
-
There are two ways of claiming fuel/depreciation costs for your van .
As a percentage , in which case you need to keep all fuel receipts etc or you can record business mileage and claim 45p per mile .
-
If that were so, I'm sure my accountant woud have told me by now. He thinks I';m being too generous with 10% personal use and asked me if I ought to go 5%. I could justify it too, but I wouldn't want a load of hassle if HMRC ever decided to run the rule over me. 10% I can show them. 5% might get a little picky. In reality I'm guessing it's about 7.5%.
-
I was told by an accountant years ago to keep record of work and personal millages
-
That can't be right mate, I don't even keep at track of my mileage, only person who takes my mileage is mot centre.
Never been asked for mileage in over 10 years with this accountant.
I used to claim everything back. They changed it. Not sure when.
You have to keep a record of everything...poop as it is.
I am with you though. Kept no mileage record..other than MOT
-
https://www.gov.uk/simplified-expenses-checker
-
https://www.gov.uk/simplified-expenses-checker
That seems to indicate that a reasonable estimate is acceptable
"you’ll be asked to make estimates about some of your business expenses - you don’t have to give accurate amounts"