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The tax-man allows 40p per mile for tax costing purposes.
the 40 pence per mile rule only applies to cars you can not use it on vans. And if using a car you cann't change how you claim expenses until you change cars.
Quote from: philip thomas on July 18, 2008, 09:37:05 amthe 40 pence per mile rule only applies to cars you can not use it on vans. And if using a car you cann't change how you claim expenses until you change cars.That's news to me, I have been claiming it for the van and my accountant has never queried it.I was also under the impression that you could change back as long as it was done from the beginning of your tax year.
Quote from: dai on July 18, 2008, 01:42:35 pmQuote from: philip thomas on July 18, 2008, 09:37:05 amthe 40 pence per mile rule only applies to cars you can not use it on vans. And if using a car you cann't change how you claim expenses until you change cars.That's news to me, I have been claiming it for the van and my accountant has never queried it.I was also under the impression that you could change back as long as it was done from the beginning of your tax year.I asked my accountant about this, as I had my tax return to sign today, she's not heard of that either.