[[GQC] Tim]

Just seen your mail address .nl are you based in holland otherwise I am wasting your time

No no, I'm Dutch, but I live here in Surrey.

Thanks for the answer, how about claiming your vehicle purchase? Would I put it in as the whole amount? ie. £1200?

[Paul Coleman]

Ok, so it's either 40p mileage cost OR Vehicle expenses ie. Fuel/maintenance??

I'm confused

You can claim 100% of all running and repair costs.
As for vehicle:  40% in first year regardless of weather it's new or used.
25% of written back value every year from then on.

ie. 1st year purchase £1200 = claim 40% = £480 tax deductable
     2nd year value now written back £720 = claim 25% = £280 tax deductable
     3rd year value now written back £440 = claim 25% = £176 tax deductable

etc.

I don't have an accountant, but how should I do this? Just send them the receipt and put it in my records as the lump sum of £1200? or this year just £480, next year £280?

Can anyone please answer those two questions, they're kinda important!

Many thanks.

I know it sounds silly but if you write tio the IR and ask them, they are obliged to tell you.  Don't phone as it is better to get it in writing.

[[GQC] Tim]

Okay, I guess I will do that then, get it all clarified...