Instead, many self-employed people claim mileage allowance, a flat-rate scheme that provides a much simpler way to claim back the cost of using your own vehicle for business. Mileage allowance is part of a range of “simplified expenses” options that HMRC offers to self-employed people. They...
The Internal Revenue Service has announced a year 2000 national per-mile business driving rate of 32.5 cents for the US taxpayer, which went into effect January 1. The rate for 1999 was 31 cents. This standard was recommended to the IRS by Runz...