If you get reimbursed less than HMRC’s advisory amount by your employer (or not at all), then you can claim mileage allowance relief (MAR) as a tax deduction. For more details and to check if you can - and how to - make a claim, go to thegov.ukwebsite. ...
You must not have claimed the special depreciation allowance on the car. You must not have claimed actual expenses after 1997 for a car you lease. To use the standard mileage rate for a car you own, you must choose to use it in the first year the car is in your business. Then...
This article was written by FreeAgent’s Content team and our Chief Accountant, Emily Coltman FCA. If you drive a vehicle to travel for business, you might be able to claim back some of the costs you incur as tax relief. How you go about doing this can be complicated, so here’s a ...