Can mileage claims include loan interest?
The Approved Mileage Allowance Payment (AMAP) was introduced in 2002 as a statutory simplification to allow employers to make tax-free payments up to certain limits
The Approved Mileage Allowance Payment (AMAP) was introduced in 2002 as a statutory simplification to allow employers to make tax-free payments up to certain limits
If you have employees who use either their own car or a company car for business mileage, you can pay mileage allowances tax-free up to
Employees often need to undertake business trips and it is common practice to reimburse the employee’s fuel costs by means of a mileage allowance. The
Company car mileage rates update The company car benefit tax charge does not cover fuel provided for a company vehicle. This means that where an
Dual purpose expenditure – can landlords claim a deduction? Landlords are able to claim tax relief for expenses that are incurred wholly and exclusively for
Using your car in your property rental business Landlords will often use their car for the purposes of their property rental business. Where they do
Copyright © 2023 Pro-Taxman. All rights Reserved.